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BNBCalc Short Term Rental Rental Arbitrage Analysis 1218 Drexel Ave APT 304, Miami Beach, FL, 33139

2 bed • 2 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$66,840

Profit (Cash Flow)

$14,314

Cash on Cash Return

216.9%

Annual Revenue

$66,840

AirDNA projects $331/night at 73% occupancy ($88,253). Airbtics projects $244/night at 75% occupancy ($66,839). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 75% occupancy rate, $244 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles25%50%75%90%
Revenue$44,172$68,035$98,175$137,283
Occupancy65%77%89%95%
Nightly Rate$180$234$291$381

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
AZURE LUXURY SUITES LOFT 1 SOBE MIA
$48,977
$140
93%
221$120❌❌❌Y / Y⭐️ 4.5 (726)
3 Minute Walk to Beach 2 Bedroom Apartment Family
$51,547
$148
81%
211$150❌❌✅Y / Y⭐️ 4.5 (636)
AZURE LUXURY SUITES LOFT 4 SOBE MIA
$73,704
$213
93%
221$120❌❌❌Y / Y⭐️ 4.5 (752)
2BD South Beach Apt 3min Walk to Sea & Ocean Drive
$35,395
$125
58%
211$155❌❌✅N / Y⭐️ 4.5 (2401)
South Beach 2 Bedroom 2 Bathroom Steps to Ocean Dr
$66,574
$189
89%
221$185❌❌✅Y / Y⭐️ 4.5 (750)
2 Bed/2 Bath condo with patio on 11 th Collins ave
$52,630
$249
56%
221$159❌❌❌Y / Y⭐️ 4.5 (35)
AZURE LUXURY SUITES LOFT 3 SOBE MIA
$74,561
$215
92%
221$120❌❌❌Y / Y⭐️ 4.5 (747)
Unit 3- 2 Story Loft sleeps 8
$84,396
$373
59%
233$350❌❌✅Y / Y⭐️ 4.8 (76)
Ocean Drive Beachfront Spacious 2 Bedroom/2.5 bath
$94,169
$381
65%
22.52$220❌❌❌Y / N⭐️ 5 (69)
South Beach Designer Townhouse! Steps from ocean
$76,208
$244
84%
22.54$170❌❌❌Y / Y⭐️ 5 (112)
Ocean Beach Front Cozy 2 Bed 2 Bath South Beach
$94,536
$350
73%
222$170❌✅❌Y / Y⭐️ 5 (89)
Ocean Drive in the Heart of South Beach - Modern A
$123,447
$455
73%
221$125❌❌❌Y / Y⭐️ 5 (207)
NEW'SeaBreeze'#407 Spacious 2 Bed Apt with Balcony
$73,939
$204
95%
21.51$100❌❌❌Y / Y⭐️ 5 (182)
South Beach 2bd - walk to beach/nightlife/shops!
$54,562
$146
96%
211$155❌❌❌Y / Y⭐️ 5 (89)
SoBe 2bd suite (5PPL) - kitchen - 2 min to beach!
$52,930
$147
90%
211$155❌❌❌Y / Y⭐️ 5 (51)
Designer Home in the Heart of South Beach Miami
$66,293
$228
78%
21.52$170❌❌❌Y / Y⭐️ 5 (127)
Modern 2BR Oceanfront 3rd-Floor |
$51,182
$284
46%
223$167❌❌❌Y / Y⭐️ 4.5 (74)
Oceanfront Oasis: 2-BR Apartment on Ocean Drive
$71,431
$246
77%
221$160✅❌❌Y / Y⭐️ 4.5 (59)
Spacious 2 Bedrooms Penthouse by Mondorentals
$63,949
$192
89%
213$140❌❌❌N / N⭐️ 4.5 (56)
Kasa El Paseo | Explore Lincoln Road, Miami Beach
$69,085
$281
66%
211$75❌❌✅N / Y⭐️ 5 (4)
One block to the Beach! 2 Story Spacious Penthouse
$113,294
$472
65%
22.53$250❌❌❌Y / Y⭐️ 4.5 (134)
2bd oasis in SoBe: steps to beach, dining & shops!
$55,235
$144
98%
211$155❌❌❌Y / Y⭐️ 5 (106)
2 B/R w/Private Balcony, Heart of South Beach Deal
$41,904
$195
55%
211$79❌❌❌N / Y⭐️ 5 (245)
Roami at The Alamac | Pool | Near the Beach |2 Bed
$61,761
$204
77%
221$150✅❌❌Y / Y⭐️ 4.5 (47)
Luxurious Ocean Front Condo in The Carlyle
$109,722
$387
74%
221$300❌❌✅Y / Y⭐️ 5 (143)
Large 2 bedroom with private terrace Sleep 9/10
$70,096
$241
77%
221$100❌❌❌N / Y⭐️ 5 (18)
Oceanfront 2 Bedroom in South Beach - Ocean Drive
$42,306
$127
87%
221$150❌❌❌N / Y⭐️ 4.5 (28)
2 Bedroom Townhosue South Beach Central
$72,313
$269
72%
211$85❌❌❌Y / Y⭐️ 4.5 (28)
estancia, playa 15
$34,690
$96
95%
225$300❌❌❌Y / Y⭐️ 4.5 (36)
2BR 4th-Floor | Balcony | Elevator
$47,012
$243
49%
222$137❌❌❌Y / Y⭐️ 4.5 (94)
Ocean Drive Suite | Free WiFi | Steps to Beach
$47,282
$288
43%
212$199❌❌❌Y / Y⭐️ 4.5 (31)
estancia, playa 15
$38,342
$109
92%
225$300❌❌❌Y / Y⭐️ 4.5 (18)
AZURE LUXURY SUITES LOFT 2
$70,217
$191
98%
221$120❌❌❌Y / Y⭐️ 4.5 (765)
2 bedroom beach house Half a block from the sand
$47,951
$155
81%
212$130❌❌✅N / Y⭐️ 4.5 (100)
Roami at Ocean Drive Penthouse | Private Rooftop
$52,529
$217
62%
221$300❌❌✅Y / Y⭐️ 4.6 (149)
Art Deco Gem with Private Terrace - Ocean Drive
$107,789
$385
76%
22.54$125❌❌✅Y / Y⭐️ 4.5 (68)
estancia, playa 16
$95,308
$307
80%
225$350❌❌❌N / Y⭐️ 4.5 (13)
2 Units combined on the same floor
$90,123
$273
87%
232$240✅❌❌Y / Y⭐️ 5 (15)
Lovely 2 BR/2 BTH with Ocean View
$76,614
$303
68%
221$100❌❌❌Y / Y⭐️ 4.5 (57)
Beachfront Ocean Dr 2 Bed Unit In Iconic Building
$62,148
$353
46%
221$220❌❌❌Y / N⭐️ 4.5 (32)

Return Metrics

216.88% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$14,314$28,628$42,943$57,257$71,572$143,144$429,434
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return$14,314$28,628$42,943$57,257$71,572$143,144$429,434

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

216.88%

Payback Period Days

168

Return on Investment

216.88%

property-location

1218 Drexel Ave APT 304 Miami Beach, Florida, 33139

2 bed • 2 bath • 4 guests

Agent

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Miami Beach

Zoning


Laws

$66,840

Annual Revenue

BNBCalc predicts this property will get $244 per night with 75% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Top 58% of comparables

Top 44% of comparables


Seasonality

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40

Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$67,903

Avg annual revenue

75%

Avg occupancy rate

$244

Avg nightly rate


🏊‍♂️ Pool
🛁 Hot tub
🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$35k

$65k

$95k

$125k

Sign up to see the data on 40 all comparables

$14,314

Profit

Revenue

$66,840

Operating Expenses

$20,689

Operating Income

$46,150

Net Effective Rent

$31,836

Profit (Cash Flow)

$14,314

$6,600

Cash Investment

Renos & Furnishing

$6,500

Setup Costs

$100

Total

$6,600

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

216.88%

Payback Period Days

168