BNBCalc Short Term Rental Rental Arbitrage Analysis 3235 Weston St Charlotte NC 28209

3 bed • 2 bath • 9 guests • $0

BNB

Calc

Report by:

Michael Shepherd

theblissfulescapes@gmail.com

Annual Revenue

$54,443

Profit (Cash Flow)

$5,966

Cash on Cash Return

69.4%

Annual Revenue

$54,443

AirDNA projects $257/night at 58% occupancy ($54,443).

BNB Calc projects a 57.99999999999999% occupancy rate, $257 rate per night.

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

Return Metrics

69.36% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$5,965	$11,931	$17,896	$23,862	$29,828	$59,656	$178,969
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	$5,965	$11,931	$17,896	$23,862	$29,828	$59,656	$178,969

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

69.36%

Payback Period Days

526

Return on Investment

69.36%

3235 Weston St Charlotte, NC, 28209

3 bed • 2 bath • 9 guests

Monthly Rent

Inquire about this property

Contact Agent

$2,500

Zestimate

$54,443

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$5,966

Profit

Revenue

$54,443

Operating Expenses

$18,478

Operating Income

$35,966

Net Effective Rent

$30,000

Profit (Cash Flow)

$5,966

$8,600

Cash Investment

Renos & Furnishing

$8,500

Setup Costs

$100

Total

$8,600

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

69.36%

Payback Period Days

526

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

1,333 sqft

Year built:

2003

Size:

1,548 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Property Details

MLS Status: property-details-mls-status-cancelled

Property Use: Townhouse

Stories: 2

Lot size: 1,333 sqft

Building area: 1,548 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R-17MF

Land Use: Residential

Parcel Number: 14705264

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $338,900

County Est. Land Value: $90,000

Assessed Land Value: $90,000

County Est. Structure Value: $248,900

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
01/11/22	$354,000	75%	Christian Rank
08/24/09	$182,000	95%	Erin K Coughlin
Invalid Date	$136,500	95%	Raymond T Ducharme

Ownership

Name: Christian Rank

Owner Occupied: No

Owner Mailing Address:

Years Owned: 19

Home Equity: $125,600

Mortgage Balance Remaining: $265,500

Financed amount: 95%

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Sedgefield Elementary with 0/10 star rating
Middle School: Alexander Graham Middle with 7/10 star rating
High School: Myers Park High with 6/10 star rating