BNBCalc.com Investment Analysis Report of 3700 Sandpiper Rd

4 bed • 4 bath • 10 guests • $560,000

BNB

Calc

Return Metrics

10.41% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

10.41%

Cap Rate

9.34%

Return on Investment

26.36%

Annual Revenue

$75,861

AirDNA projects $335/night at 62% occupancy ($75,861). Airbtics projects $371/night at 45% occupancy ($60,977). Airbtics predicts this property will perform in the 49% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$23,178	$45,022	$97,067	$175,555
Occupancy	21%	32%	61%	89%
Nightly Rate	$285	$371	$425	$529

Seasonality (Profits By Month)

Airbnb Comparables

Airbnb name	Revenue	Rate Per Night	Occupancy	Beds	Baths	Guests	Night	Cleaning	Pool	H.Tub	Pets	W/D	Reviews	Host
A Moby Dick Sandbridge 3 min private walk to beach	$51,033	$226	60%	4	2	11	4	$200	✅	❌	❌	N / Y	⭐️ 5 (28)	Profile
B Waterfront Penthouse! 4bd/4Bth, 3000 sqft, 2 Decks	$87,551	$423	55%	4	4	11	1	$245	✅	✅	❌	N / Y	⭐️ 4.7 (23)	Profile
C Sojourn's Penthouse 4 BR Sanctuary Condo	$61,045	$233	67%	4	3	9	5	$325	❌	❌	❌	N / Y	⭐️ 4.8 (16)	Profile
D 4BR Dog Friendly \| Private Pool \| Deck \| W/D	$39,357	$295	35%	4	2	10	3	$175	✅	❌	✅	N / Y	⭐️ 4.5 (24)	Profile
E Cozy 4 bedroom beach home-steps from the beach!	$96,990	$449	58%	4	3	10	2	$250	❌	❌	❌	N / Y	⭐️ 5 (40)	Profile

Operating Expenses

Monthly Expenses

$1,962

Annual Expenses

$23,542

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,332

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$632

Management & Platform Fees

$190

Platform Fee (i.e. Airbnb)

$190

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$3,147

Annual Mortgage & Tax

$37,764

Downpayment

Purchase Price

$560,000

Percent Down

20%

Total Downpayment

$112,000

Total Loan Amount

$448,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

Monthly Loan Payment

$2,686

Property Tax Yearly

0.99%

Property Tax Monthly

$462

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

Year built:

2006

Size:

1,589 sqft

Type:

CONDO

Parking:

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	Year Built	Last Sale
3700 Sandpiper Rd	3	2	1,558	2006	$495,000
3738 Sandpiper Rd	3	2	1,595	2007	$480,000
3738 Sandpiper Rd	3	2	1,589	2007	$470,000
3738 Sandpiper Rd	2	2	1,483	2007	$420,000
3738 Sandpiper Rd	2	2	1,412	2007	$0
3738 Sandpiper Rd	4	3	2,627	2007	$960,000
3700 Sandpiper Rd	3	2	1,589	2006	$539,000
3700 Sandpiper Rd	3	2	1,558	2006	$515,000
3700 Sandpiper Rd	3	2	1,589	2006	$540,000
3700 Sandpiper Rd	3	2	1,589	2006	$0

Property Details

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

Property Use: Condominium Unit (Residential)

Stories: 1

Lot size:-

Building area: 1,589 sqft

Garage: -

Heating: Forced air unit

Pool: No

Fireplaces:

Basement: No basement

Lot Info

Zoning: B4

Land Use: Residential

Parcel Number: 24327356570123

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $445,700

County Est. Land Value: $57,500

Assessed Land Value: $57,500

County Est. Structure Value: $388,200

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
06/22/06	$479,900	79%	Thomas Stilley

Ownership

Name: Thomas Stilley

Owner Occupied: Yes

Owner Mailing Address: 3700 Sandpiper Rd # A123, Virginia Beach, VA 23456

Years Owned: 221

Home Equity: $116,100

Mortgage Balance Remaining: $383,900

Financed amount: 79%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

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

$26,578

Deductible property tax

$5,544

Est. Depreciation Value

$327,593

Profit on this property

$52,319

Your total deduction

$307,396

So, your new taxable income is your previous income minus your total deduction ($150,000 - $307,396)

-$157,396

Your old tax bill

$45,000

Your new tax bill

-$47,219

Estimated tax savings

$92,219

3700 Sandpiper Rd Virginia Beach, Virginia, 23456

4 bed • 4 bath • 10 guests

Purchase Price

Est. $2,686/mo

This property is for sale!

Contact Agent

$75,861

Annual Revenue

BNBCalc predicts this property will get $371 per night with 45% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

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

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

10.41%

Cap Rate

9.34%

Return on Investment

26.36%

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

$26,578

Deductible property tax

$5,544

Your total deduction

$84,202

Your adjusted annual income

$150,000 - $84,202 = $65,798

Taxes on $65,798 (30%)

$19,739

Your old tax bill

$45,000

Your new tax bill

$19,739

Estimated tax savings

$25,261

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com