BNBCalc Short Term Rental Investment Analysis 55 S Market St 311, Asheville, NC 28801

1 bed • 1 bath • 3 guests • $545,900

BNB

Calc

Report by:

Onboarding Flow User

user-for-onboarding-flow@bnbcalc.com

Annual Revenue

$60,309

Profit (Cash Flow)

$1,964

Cap Rate

7.1%

Annual Revenue

$60,309

AirDNA projects $258/night at 64% occupancy ($60,309). Airbtics projects $237/night at 78% occupancy ($67,519). Airbtics predicts this property will perform in the 38% revenue percentile

BNB Calc projects a 64% occupancy rate, $258 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$60,262	$75,742	$83,392	$86,987
Occupancy	73%	80%	86%	86%
Nightly Rate	$212	$243	$248	$258

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Modern Luxury in Downtown Asheville - Free Parking	$54,883	$169	80%	1	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (99)
Modern Luxury in Downtown AVL - Free Parking - Condo 211	$52,312	$176	75%	1	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (179)
Modern Luxury in Downtown AVL - Free Parking - Condo 205	$76,806	$224	86%	1	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (194)
"B Flat" Downtown! Private parking!	$41,326	$121	86%	1	1	1	$45	❌	❌	❌	N / Y	⭐️ 4.9 (730)
Luxury 1 bdr/1 bath condo Unit #214	$68,921	$243	71%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 4.9 (112)
Luxury condo Unit #208	$85,175	$249	87%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 4.9 (92)
Beautiful Boutique Luxury Condo #104	$77,951	$248	80%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 4.9 (118)
Luxury 1 bdr/1 bath condo in #204	$82,363	$247	86%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 4.9 (77)
Luxury condo Unit #206	$64,922	$245	67%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 4.8 (109)
Luxury condo Unit #209	$71,666	$241	76%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 4.8 (119)
Luxury condo #108	$72,423	$241	77%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 4.8 (110)
55 S Market St #212 - Downtown Asheville!	$83,110	$261	84%	1	1	2	$85	❌	❌	❌	Y / Y	⭐️ 5 (120)
Downtown Asheville Condo w/ Patio + Free Parking!	$105,431	$444	63%	1	1	2	$135	❌	❌	❌	Y / Y	⭐️ 5 (118)
Luxury condo Unit #207	$89,562	$255	91%	1	1	2	$112	❌	❌	❌	Y / Y	⭐️ 5 (171)
Southern Exposure \| Arras Vacation Rentals	$53,538	$201	69%	1	1	1	$135	❌	❌	✅	Y / Y	⭐️ 4.8 (39)

Return Metrics

1.51% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$1,964	$3,928	$5,892	$7,856	$9,821	$19,642	$58,926
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$5,362	$11,056	$17,101	$23,519	$30,333	$71,247	$436,720
Down Payment	$109,180	$109,180	$109,180	$109,180	$109,180	$109,180	$109,180
Property Appreciation	$16,377	$33,245	$50,619	$68,515	$86,947	$187,743	$779,142
Total Return	$132,884	$157,410	$182,793	$209,071	$236,281	$387,813	$1,383,968

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

1.51%

Cap Rate

7.1%

Return on Investment

18.26%

55 S Market St 311 Asheville, NC, 28801

1 bed • 1 bath • 3 guests

Purchase Price

Est. $2,618/mo

This property is for sale!

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Airbnb Investor Score

$1,964

Annual Profit

7.1%

Cap Rate

1.5%

Cash on Cash

$60,309

Annual Revenue

BNBCalc predicts this property will get $237 per night with 78% occupancy, putting it in the top 38% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 94% of comparables

Avg Daily Rate

Top 14% of comparables

Seasonality

15 Airbnb Comparables

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

$72,025

Avg annual revenue

78%

Avg occupancy rate

$237

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

$40k

$60k

$85k

$105k

$1,964

Profit

Revenue

$60,309

Operating Expenses

$21,520

Operating Income

$38,789

Mortgage & Taxes

$36,825

Profit (Cash Flow)

$1,964

$129,807

Cash Investment

Down Payment

$109,180

Renos & Furnishing

$4,250

Closing Costs

$16,377

Total

$129,807

DSCR Ratio

Acceptable

1.05

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

1.51%

Cap Rate

7.1%

Return on Investment

18.26%

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

$25,909

Deductible property tax

$5,404

Your total deduction

$52,704

Your adjusted annual income

$150,000 - $52,704 = $97,296

Taxes on $97,296 (30%)

$29,189

Your old tax bill

$45,000

Your new tax bill

$29,189

Estimated tax savings

$15,811

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:

Sold Comparables

Property Details

MLS Status: Active

Property Use: CONDO

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -