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BNBCalc Short Term Rental Rental Arbitrage Analysis 308 Exhibition St, Melbourne, VIC, 3000

1 bed β€’ 1 bath β€’ 3 guests β€’ $0

BNB

Calc

Annual Revenue

$27,919

Profit (Cash Flow)

$6,290

Cash on Cash Return

144.6%

Annual Revenue

$27,919

AirDNA projects $116/night at 72% occupancy ($30,505). Airbtics projects $98/night at 78% occupancy ($27,919). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 78% occupancy rate, $98 rate per night.

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

Percentiles25%50%75%90%
Revenue$20,993$30,808$37,974$43,602
Occupancy64%86%92%97%
Nightly Rate$87$94$108$118

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
Le petit apartment in Melbourne CBD

No image available

$32,176
$118
71%
125$98βœ…βŒβŒY / Y⭐️ 5 (51)
Welcome to the Green Room Apt 74, Gordon House

No image available

$18,602
$92
54%
112$26βœ…βŒβŒY / Y⭐️ 4.7 (85)
Heritage New York Style - One Bedroom Apartment

No image available

$25,761
$101
66%
112$52βœ…βœ…βŒY / Y⭐️ 4.8 (98)
Spacious and Central Urban Living+Pool and Balcony

No image available

$33,956
$98
90%
113$111βœ…βŒβŒY / Y⭐️ 4.8 (66)
Five star CBD view 1BR1BA Sapphire by the Garden

No image available

$31,011
$93
86%
112$85❌❌❌Y / Y⭐️ 4.7 (25)
Mid-century apartment in the heart of Little-Lon

No image available

$28,693
$77
91%
111$78❌❌❌Y / Y⭐️ 4.8 (104)
Parisian Gem in heart of Melbourne city

No image available

$28,517
$116
63%
113$101βœ…βŒβŒY / Y⭐️ 5 (55)
City Bound Spacious Suite Indoor Pool & Balcony

No image available

$33,598
$94
93%
113$111βœ…βŒβŒY / Y⭐️ 4.8 (62)
Heart of the CBD

No image available

$22,449
$127
47%
113$65βœ…βŒβŒY / Y⭐️ 4.8 (131)
A Lovely Place

No image available

$23,890
$77
82%
114$56βœ…βŒβŒY / Y⭐️ 4.8 (75)
Melbourne Gem: Chic Studio in CBD Heart

No image available

$15,962
$82
47%
112$109❌❌❌N / Y⭐️ 4.5 (67)
Apt with Amazing view! Flex check inout opt msg me

No image available

$30,278
$82
100%
112$33❌❌❌Y / Y⭐️ 4.8 (193)
King Size 1BR with Pool in the Heart of Melbourne

No image available

$35,553
$94
99%
113$111βœ…βŒβŒY / Y⭐️ 4.9 (66)
CLEAN Luxe Spacious CBD unit w/ pool and rooftop

No image available

$41,365
$118
94%
114$62βœ…βŒβŒY / Y⭐️ 5 (76)
Spacious Urban Living with Indoor Pool and Balcony

No image available

$35,021
$101
90%
113$111βœ…βŒβŒY / Y⭐️ 4.7 (52)

Return Metrics

144.59% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$6,289$12,579$18,869$25,158$31,448$62,897$188,692
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$6,289$12,579$18,869$25,158$31,448$62,897$188,692

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

144.59%

Payback Period Days

252

Return on Investment

144.59%

property-location

308 Exhibition St Melbourne, Victoria, 3000

1 bed β€’ 1 bath β€’ 3 guests

$27,919

Annual Revenue

This property is projected to be in the top 44% revenue percentile compared to similar properties nearby.
Projected nightly rate is $116/night at 72% occupancy.Projected nightly rate is $98/night at 78% occupancy.

Top 54% of comparables

Top 41% of comparables


Seasonality

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15

Airbnb Comparables

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

$29,122

Avg annual revenue

78%

Avg occupancy rate

$98

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$15k

$25k

$35k

$40k

Sign up to see the data on 15 all comparables

$6,290

Profit

Revenue

$27,919

Operating Expenses

$15,630

Operating Income

$12,290

Net Effective Rent

$6,000

Profit (Cash Flow)

$6,290

$4,350

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$100

Total

$4,350

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

144.59%

Payback Period Days

252

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