BNBCalc Short Term Rental Rental Arbitrage Analysis 79 Spring St, Charleston, SC 29403, USA

3 bed • 2 bath • 9 guests • $0

BNB

Calc

Annual Revenue

$135,367

Profit (Cash Flow)

$22,993

Cash on Cash Return

147.9%

Annual Revenue

$135,367

AirDNA projects $522/night at 71% occupancy ($135,366).

BNB Calc projects a 71% occupancy rate, $522 rate per night.

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

Return Metrics

147.88% 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)	$22,993	$45,986	$68,979	$91,972	$114,965	$229,930	$689,791
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	$22,993	$45,986	$68,979	$91,972	$114,965	$229,930	$689,791

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

147.88%

Payback Period Days

246

Return on Investment

147.88%

79 Spring St Charleston, South Carolina, 29403-8300

3 bed • 2 bath • 9 guests

Monthly Rent

Inquire about this property

Contact Agent

Charleston

Zoning

Laws

$135,367

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$22,993

Profit

Revenue

$135,367

Operating Expenses

$28,998

Operating Income

$106,369

Net Effective Rent

$83,376

Profit (Cash Flow)

$22,993

$15,548

Cash Investment

Renos & Furnishing

$8,500

Setup Costs

$7,048

Total

$15,548

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

147.88%

Payback Period Days

246

Property Overview

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

Lot size:

3,049 sqft

Year built:

1905

Size:

2,549 sqft

Type:

SFR

Parking:

Heating:

HEAT PUMP

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
6 Percy St	4	3	2,296	-	4,356	1895	$1,975,000	-
87 Line St	3	3	2,338	-	2,614	1852	$0	-
254 Coming St Apt A	4	2	1,896	-	1,307	1890	$2,900,000	-
12 Oliver Ct	2	2	1,306	-	1,307	1890	$300,000	-
59 Dereef Ct	3	3	2,033	-	1,742	2014	$1,035,000	-
19 Radcliffe Pl	3	4	1,636	-	1,742	1999	$1,011,500	113
74 Radcliffe St	-	-	0	-	3,049	-	$520,000	-
124 Rutledge Ave	4	3	2,642	-	10,019	1915	$1,650,000	-
113 Coming St	4	2	2,548	-	3,920	1890	$910,000	49
63 Drake St	5	5	2,164	-	2,614	1890	$989,900	-

Property Details

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

Property Use: Single Family Residence

Stories: 2

Lot size: 3,049 sqft

Building area: 2,549 sqft

Garage: No

Heating: Heat pump

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 460-08-03-061

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $74,120

County Est. Land Value: $450,000

Assessed Land Value: -

County Est. Structure Value: $912,500

Market Estimate: $1,515,240

Sale history

Date	Sale Price	% Financed	Buyer
08/03/23	$0	0%	Phoenix Capital Management Llc
03/02/22	$0	0%	79 Spring Llc
09/23/19	$1,362,500	75%	Joshua G Hatter
12/29/14	$0	0%	Mark A Stephenson

Ownership

Name: Phoenix Capital Management Llc

Owner Occupied: No

Owner Mailing Address: 1000 Johnnie Dodds Blvd Ste 103, Mt Pleasant, Sc 29464

Years Owned: 3

Home Equity: $445,000

Mortgage Balance Remaining: $1,200,000

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No