BNBCalc Short Term Rental Rental Arbitrage Analysis 260 Armagh St, Christchurch, Canterbury, 8011

2 bed • 2 bath • 6 guests • NZ$0

BNB

Calc

Annual Revenue

N$58,671

Profit (Cash Flow)

-N$11,630

Cash on Cash Return

-102.3%

Annual Revenue

N$58,671

AirDNA projects N$208/night at 70% occupancy ($53,296). Airbtics projects N$217/night at 74% occupancy ($58,670). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 74% occupancy rate, N$217 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	N$44,223	N$62,264	N$75,822	N$90,127
Occupancy	66%	74%	83%	88%
Nightly Rate	N$177	N$222	N$241	N$270

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
City Centre Apartment on Gloucester	N$48,462	N$145	90%	2	2	1	N$88	❌	❌	❌	Y / Y	⭐️ 5 (259)
Enchanted Escape 2 bed 2 bath CBD	N$55,679	N$233	63%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (43)
Peacefull and near City Centre	N$43,577	N$148	78%	2	1	1	N$98	❌	❌	✅	Y / Y	⭐️ 5 (55)
Bright North facing 2 bed apartment	N$38,067	N$188	54%	2	2	1	N$41	❌	❌	❌	Y / Y	⭐️ 5 (252)
Modern Stylish Townhouse in the Heart of Chch CBD	N$57,337	N$183	84%	2	1	1	N$79	❌	❌	❌	Y / Y	⭐️ 5 (257)
Inner-city apartment - great location	N$74,327	N$238	83%	2	2	1	N$150	❌	❌	❌	Y / Y	⭐️ 5 (21)
Sleek modern city apartment	N$52,318	N$160	86%	2	1	1	N$67	❌	❌	❌	Y / Y	⭐️ 5 (178)
Inner City Delight - Walk To Cathedral Square	N$53,810	N$233	60%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (31)
Inner City Luxury - 2 Bedroom 2 Bathroom	N$59,886	N$238	67%	2	2	1	N$93	❌	❌	❌	Y / Y	⭐️ 5 (83)
Funky Spacious 2Bdrms 2Bthrms Free Covered Park.	N$46,600	N$183	66%	2	2	1	N$124	❌	❌	❌	Y / Y	⭐️ 5 (67)
Walking distance to everything CBD! Perfect Base	N$97,576	N$270	96%	2	2	1	N$72	❌	❌	❌	Y / Y	⭐️ 5 (220)
Funk in the City - Luxury Apartment with Garage	N$63,487	N$281	60%	2	2	1	N$140	❌	❌	❌	Y / Y	⭐️ 5 (17)
CBD Location Sunny Warm Free off Street Parking	N$62,479	N$214	78%	2	2	1	N$124	❌	❌	❌	Y / Y	⭐️ 5 (195)
New Top Floor City Central w/Sunny Balcony	N$82,081	N$221	98%	2	2	1	N$124	❌	❌	❌	Y / Y	⭐️ 5 (38)
New Inner-city apartment - top location	N$78,344	N$252	82%	2	2	1	N$150	❌	❌	❌	Y / Y	⭐️ 5 (32)
Garden City Getaway 2 bed with sofa bed 1 bath	N$48,171	N$208	60%	2	1	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (16)
Worcester Terraces - One Central Christchurch	N$51,703	N$208	66%	2	2	1	N$103	❌	❌	❌	Y / Y	⭐️ 5 (159)
Architectural Award winning - Worcester Terraces	N$103,220	N$360	77%	2	2	2	N$83	❌	❌	❌	Y / Y	⭐️ 5 (60)
Art Deco 2 bed by Latimer Square	N$85,075	N$272	84%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (114)
Central City Awaits 2 Bed 2 Bath with carpark	N$71,145	N$250	74%	2	2	1	N$114	❌	❌	✅	Y / Y	⭐️ 5 (31)
The City's Best Kept Secret 2 Bed 2 Bath	N$52,974	N$227	61%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (19)
Modern City living by Latimer Square, Cathedral	N$60,982	N$208	77%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (24)
The Majestic Retreat 2 bed 2 bath, CBD	N$64,064	N$239	70%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (48)
Chic CBD Townhouse 2 bed 2 bath	N$55,693	N$236	62%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 4.8 (28)
Sun soaked Central Townhouse 2 bed 2 bath	N$51,121	N$179	74%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 5 (70)
Inner City Luxury Apartment	N$70,728	N$267	70%	2	2	1	N$150	❌	❌	❌	Y / Y	⭐️ 5 (58)
Executive CBD Apartment	N$37,080	N$103	95%	2	1	1	N$52	❌	❌	❌	Y / Y	⭐️ 4.5 (115)
Worcester Terrace 201	N$82,615	N$260	84%	2	2	1	N$150	❌	❌	❌	Y / Y	⭐️ 5 (20)
Beautiful sunny apartment with off street carpark	N$44,453	N$162	75%	2	2	4	N$0	❌	❌	❌	Y / Y	⭐️ 5 (186)
Vibrant Central Christchurch 2 bed with carpark	N$67,465	N$226	78%	2	1	1	N$114	❌	❌	✅	Y / Y	⭐️ 5 (76)
Inner-city Top Floor Apartment - Spectacular Views	N$105,358	N$374	77%	2	2	1	N$0	❌	❌	❌	Y / Y	⭐️ 5 (58)
Lux Achi-Design Townhouse park view in Latimer Sq	N$84,057	N$267	82%	2	2	1	N$134	❌	❌	❌	Y / Y	⭐️ 5 (47)
Central city escape	N$57,924	N$177	83%	2	2	1	N$124	❌	❌	❌	Y / Y	⭐️ 5 (43)
Kilmore Apartments 4	N$43,254	N$169	70%	2	1	1	N$0	❌	❌	❌	Y / Y	⭐️ 5 (11)
Funky Central City Apartment	N$42,651	N$129	88%	2	1	1	N$52	❌	❌	❌	Y / Y	⭐️ 5 (13)
Stylish CBD Escape: 2BR Townhouse	N$41,804	N$176	65%	2	2	1	N$0	❌	❌	❌	Y / Y	⭐️ 5 (15)
"Cloud Nine" Your Elegant Escape Awaits	N$67,618	N$238	73%	2	2	1	N$117	❌	❌	❌	Y / Y	⭐️ 5 (40)
Free Secure Park CBD Location 2 Bdrms 5 mins CBD	N$61,983	N$236	69%	2	1	1	N$134	❌	❌	❌	Y / Y	⭐️ 4.7 (39)
Vibrant Inner City Escape Near New Regent Street	N$45,556	N$188	64%	2	2	1	N$114	❌	❌	❌	Y / Y	⭐️ 4.6 (12)
Brand New Luxury 2Bdrm 2Bthrm CBD 5 Mins	N$46,696	N$176	70%	2	2	1	N$124	❌	❌	✅	Y / Y	⭐️ 4.9 (113)

Return Metrics

-102.28% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-NZ$11,630	-NZ$23,260	-NZ$34,890	-NZ$46,520	-NZ$58,151	-NZ$116,302	-NZ$348,906
Revenue Appreciation	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0
Home Equity	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0
Down Payment	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0
Property Appreciation	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0	NZ$0
Total Return	-NZ$11,630	-NZ$23,260	-NZ$34,890	-NZ$46,520	-NZ$58,151	-NZ$116,302	-NZ$348,906

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-102.28%

Payback Period Days

Return on Investment

-102.28%

260 Armagh St 5 Christchurch, Canterbury, 8011

2 bed • 2 bath • 6 guests

Monthly Rent

N$58,671

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is N$208/night at 70% occupancy.Projected nightly rate is N$217/night at 74% occupancy.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 53% of comparables

Seasonality

40 Airbnb Comparables

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

NZ$61,435

Avg annual revenue

74%

Avg occupancy rate

NZ$218

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

N$35k

N$60k

N$80k

N$105k

-NZ$11,630

Profit

Revenue

N$58,671

Operating Expenses

N$28,301

Operating Income

N$30,370

Net Effective Rent

N$42,000

Profit (Cash Flow)

-N$11,630

NZ$11,370

Cash Investment

Renos & Furnishing

N$11,198

Setup Costs

N$172

Total

N$11,370

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-102.28%

Payback Period Days