BNBCalc Short Term Rental Investment Analysis 5002 S Sandestin Blvd Unit 6328

1 bed • 1 bath • 4 guests • $459,000

BNB

Calc

Report by:

Gary Kim

garyyoungkim@gmail.com

Annual Revenue

$33,683

Profit (Cash Flow)

-$14,739

Cap Rate

3.5%

Annual Revenue

$33,683

AirDNA projects $206/night at 53% occupancy ($39,877). Airbtics projects $159/night at 58% occupancy ($33,682). Airbtics predicts this property will perform in the 32% revenue percentile

BNB Calc projects a 58% occupancy rate, $159 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$30,026	$42,304	$50,175	$55,226
Occupancy	47%	65%	72%	74%
Nightly Rate	$129	$148	$186	$197

Seasonality (Profit by Month)

Return Metrics

-13.42% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$14,738	-$29,477	-$44,215	-$58,954	-$73,693	-$147,386	-$442,159
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$4,509	$9,296	$14,379	$19,775	$25,504	$59,906	$367,200
Down Payment	$91,800	$91,800	$91,800	$91,800	$91,800	$91,800	$91,800
Property Appreciation	$13,770	$27,953	$42,561	$57,608	$73,106	$157,857	$655,113
Total Return	$95,340	$99,572	$104,525	$110,229	$116,717	$162,177	$671,953

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.42%

Cap Rate

3.53%

Return on Investment

3.22%

5002 S Sandestin Blvd Destin, Florida, 32550

1 bed • 1 bath • 4 guests

Purchase Price

Est. $2,202/mo

This property is for sale!

Contact Agent

$33,683

Annual Revenue

BNBCalc predicts this property will get $159 per night with 58% occupancy, putting it in the top 32% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

-$14,739

Profit

Revenue

$33,683

Operating Expenses

$17,459

Operating Income

$16,224

Mortgage & Taxes

$30,963

Profit (Cash Flow)

-$14,739

$109,820

Cash Investment

Down Payment

$91,800

Renos & Furnishing

$4,250

Closing Costs

$13,770

Total

$109,820

DSCR Ratio

Weak

0.52

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.42%

Cap Rate

3.53%

Return on Investment

3.22%

STR 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

$21,785

Deductible property tax

$4,544

Your total deduction

$60,797

Your adjusted annual income

$150,000 - $60,797 = $89,203

Taxes on $89,203 (30%)

$26,761

Your old tax bill

$45,000

Your new tax bill

$26,761

Estimated tax savings

$18,239

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

Property Overview

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

Lot size:

Year built:

Size:

Type:

CONDO

Parking:

Heating:

NONE

Sold Comparables

Property Details

MLS Status: Active

Property Use: Condominium

Stories: 0

Lot size: -

Building area: -

Garage: No

Heating: None

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 35-2S-21-42600-000-6328

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2022

Assessed Value: $240,828

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $240,828

Market Estimate: $536,768

Sale history

Date	Sale Price	% Financed	Buyer
10/20/21	$343,000	75%	Yashar Eshraghi
06/11/07	$333,700	85%	Julie Rivera
06/30/06	$369,900	79%	Kyle L Caulfield Sr., Courtney C Caulfield

Ownership

Name: Yashar Eshraghi

Owner Occupied: No

Owner Mailing Address: 111 Ridgewood Dr, Metairie, La 70005

Years Owned: 27

Home Equity: $145,750

Mortgage Balance Remaining: $257,250

Financed amount: 79%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No