BNBCalc.com Investment Analysis Report of 1122 Ocracoke Ct, Corolla, NC, 27927

4 bed • 3 bath • 10 guests • $360,000

BNB

Calc

Return Metrics

15.01% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

15.01%

Cap Rate

10.64%

Return on Investment

30.34%

Annual Revenue

$59,776

AirDNA projects $334/night at 49% occupancy ($59,775). Airbtics projects $275/night at 58% occupancy ($58,256). Airbtics predicts this property will perform in the 47% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$36,413$52,507$79,775$146,416
Occupancy46%58%71%80%
Nightly Rate$212$240$292$475

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

4 bedroom T/H, Hot tub, short walk to beach
$39,341
$195
53%
45121$299✅✅✅N / Y⭐️ 4.8 (30)Profile

B

Seaside Serenity: Oceanside, Newly Built, Game
$36,047
$128
55%
4483$373✅✅❌N / Y⭐️ 4.8 (8)Profile

C

Coastal 4BR Dog Friendly | Pool | Hot Tub
$19,760
$144
36%
44103$196✅✅✅N / Y⭐️ 4.8 (28)Profile

D

Inclusive access to indoor pool/spa,fitness center
$47,559
$172
66%
45103$250✅✅❌N / Y⭐️ 5 (8)Profile

E

Message in a Bottle 4 Bedroom w/ Indoor Pool!
$159,166
$604
72%
4595$0✅✅❌N / Y⭐️ 4 (13)Profile

Operating Expenses

Monthly Expenses

$1,788

Annual Expenses

$21,451

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,198

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$498

Management & Platform Fees

$149

Platform Fee (i.e. Airbnb)

$149

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$2,023

Annual Mortgage & Tax

$24,276

Downpayment

Purchase Price

$360,000

Percent Down

20%

Total Downpayment

$72,000

Total Loan Amount

$288,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,727

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$297

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

-

Year built:

-

Size:

-

Type:

-

Parking:

-

Heating:

-

Property Details

  • MLS Status: N/A
  • Property Use:
  • Stories:
  • Lot size:-
  • Building area: -
  • Garage: -
  • Heating:
  • Pool: No
  • Fireplaces:
  • Basement:

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: No

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -

  • Market Estimate: -

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$17,086

Deductible property tax

$3,564

Est. Depreciation Value

$172,683

Profit on this property

$38,325

Your total deduction

$155,008

So, your new taxable income is your previous income minus your total deduction ($150,000 - $155,008)

-$5,008

Your old tax bill

$45,000

Your new tax bill

-$1,502

Estimated tax savings

$46,502

property-location

1122 Ocracoke Ct Corolla, North Carolina, 27927

4 bed • 3 bath • 10 guests

Purchase Price

Est. $1,727/mo

Agent

Inquire about this property

Contact Agent

$690,300

Zestimate

94

Airbnb Investor Score

$14,048

Annual Profit

10.6%

Cap Rate

15.0%

Cash on Cash

$59,776

Annual Revenue

BNBCalc predicts this property will get $275 per night with 58% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

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40

Airbnb Comparables

Identify properties similar to yours in terms of amenities and interior design. Then adjust your Occupancy Rate and Average Daily Rate to match.

Revenue per year

$0k

$100k

$195k

$300k

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

15.01%

Cap Rate

10.64%

Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$17,086

Deductible property tax

$3,564

Your total deduction

$37,296

Your adjusted annual income

$150,000 - $37,296 = $112,704

Taxes on $112,704 (30%)

$33,811

Your old tax bill

$45,000

Your new tax bill

$33,811

Estimated tax savings

$11,189

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