BNBCalc Short Term Rental Rental Arbitrage Analysis 603 McPherson Street, Elizabeth City, NC

2 bed • 1 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$36,203

Profit (Cash Flow)

$2,457

Cash on Cash Return

38.7%

Annual Revenue

$36,203

AirDNA projects $153/night at 98% occupancy ($54,764). Airbtics projects $168/night at 59% occupancy ($36,202). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 59% occupancy rate, $168 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$23,179	$35,287	$50,857	$83,920
Occupancy	47%	63%	73%	84%
Nightly Rate	$132	$150	$186	$269

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Immersive Art Retreat on Historic Main Street!	$25,123	$156	44%	2	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (39)
Historic Condo in the Heart of Downtown EC!	$39,434	$143	73%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (73)
The Sawyer Cottage of Elizabeth City	$28,609	$117	64%	2	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (64)
The 1936 Cozy Cottage	$33,516	$155	58%	2	1	2	$35	❌	❌	✅	Y / Y	⭐️ 5 (48)
2br Apt Downtown on Main St.	$38,301	$134	76%	2	1.5	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (43)
Eclectic Pearl-Riverfront Downtown Apartment	$27,257	$141	50%	2	1	2	$100	❌	❌	❌	N / Y	⭐️ 5 (16)
1896 Store Front	$34,438	$175	52%	2	1	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (15)
Waterfront Beauty! Pandora’s Playground	$30,529	$132	61%	2	1	1	$35	❌	❌	✅	N / Y	⭐️ 5 (147)
Harbor House “Nautical ”	$33,694	$184	49%	2	1.5	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (38)
Nature lover’s paradise on the Pasquotank river!	$55,479	$284	53%	2	2.5	2	$65	❌	❌	❌	Y / Y	⭐️ 5 (28)
Cozy,country,private apartment by downtown Edenton	$32,664	$111	77%	2	1	1	$55	❌	❌	❌	N / Y	⭐️ 5 (43)
Main Street Stay - 2 BR House with 2 full baths	$52,879	$258	56%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (8)
Unique Country Farmhouse with Beautiful Courtyard	$36,904	$134	73%	2	1.5	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (40)
Llewellyn Cottage, a private waterfront residence	$43,217	$144	82%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (224)
Salt Box on the Sound	$51,524	$190	73%	2	1	2	$75	❌	✅	✅	Y / Y	⭐️ 5 (24)
Corner Cotton Mill House	$15,910	$63	69%	2	1	21	$80	❌	❌	❌	N / Y	⭐️ 4 (8)
Albemarle Sound cottage with awesome views!	$45,464	$171	72%	2	1.5	3	$50	❌	❌	✅	Y / Y	⭐️ 5 (62)
Over the Railroad	$23,133	$147	43%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Historic Mill House	$12,293	$46	73%	2	2	28	$0	❌	❌	❌	N / N	⭐️ 4.5 (2)
Centrally Located Cozy Oasis	$35,868	$175	56%	2	1	1	$0	❌	❌	✅	Y / Y	⭐️ 0 (0)
Peaceful Waterfront Cottage near Albemarle Sound	$34,949	$132	66%	2	1	2	$80	✅	❌	✅	Y / Y	⭐️ 5 (26)
Pool side in the country	$44,119	$147	82%	2	2.5	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (10)
The Riverfront Sanctuary	$67,710	$185	100%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
Waterfront Glamping Getaway!	$35,268	$139	69%	2	3	3	$80	❌	❌	✅	Y / Y	⭐️ 5 (14)
Waterfront Cabin on Albemarle Sound w/ 2 Kayaks!	$42,426	$184	63%	2	2	2	$0	❌	❌	❌	N / N	⭐️ 5 (15)
Cozy home near Albemarle Sound	$39,528	$120	90%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
Sweet Caroline	$33,782	$100	86%	2	1	2	$100	❌	❌	❌	N / N	⭐️ 5 (4)
Whispering Waters Retreat on the ICW	$25,870	$228	31%	2	1	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (10)
1928 Bridge Tender's Cottage	$53,757	$204	72%	2	1.5	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (3)
Suite at horse farm near beach (private entrance)	$40,626	$111	100%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 0 (0)

Return Metrics

38.68% 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)	$2,456	$4,913	$7,369	$9,826	$12,282	$24,565	$73,697
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	$2,456	$4,913	$7,369	$9,826	$12,282	$24,565	$73,697

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

38.68%

Payback Period Days

944

Return on Investment

38.68%

603 McPherson St Elizabeth City, North Carolina, 27909

2 bed • 1 bath • 4 guests

Monthly Rent

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Contact Agent

$36,203

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $153/night at 98% occupancy.Projected nightly rate is $168/night at 59% occupancy.

Occupancy Rate

Top 57% of comparables

Avg Daily Rate

Top 40% of comparables

Seasonality

36 Airbnb Comparables

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

$34,249

Avg annual revenue

59%

Avg occupancy rate

$168

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

$10k

$30k

$50k

$70k

$2,457

Profit

Revenue

$36,203

Operating Expenses

$16,706

Operating Income

$19,497

Net Effective Rent

$17,040

Profit (Cash Flow)

$2,457

$6,350

Cash Investment

Renos & Furnishing

$6,250

Setup Costs

$100

Total

$6,350

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

38.68%

Payback Period Days

944