408 E Second Street

Ocean Isle Beach, NC 284694 beds · 2 bathsSleeps 10

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Cash flow
Estimated revenue
Cash-on-cash
Cap rate

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Airbnb Investment Analysis: 408 E Second Street, Ocean Isle Beach, NC 28469 | $53,806 Avg Annual Revenue

Cash flowNeeds a price

408 E Second Street

Ocean Isle Beach, NC 284694 beds2 bathsSleeps 10

Estimated from 10 nearby Airbnbs, typically 1.6 mi awayHow we estimate

Pays for itself at a price up to about $471k

With 25% down at 7%. Zillow has no estimate for this address. Add the asking price for cash flow and returns.

Asking price

Cash flow: —; Needs a price
Estimated revenue: $53,806/yr; 60% booked at $330/nightHalf of nearby homes earn $38k–$53kFew exact matches: based on the older data set, which matches bedrooms and baths exactly within 5 miles.
Cash-on-cash: —; Needs a price
Cap rate: —; Needs a price

Chalet AI

Ask about 408 E Second Street

Nearby Airbnbs like it earn $38k–$53k a year

That's the middle half of the 10 Airbnbs this estimate comes from, typically 1.6 miles away. Revenue and occupancy are Chalet's estimates from each listing's observed bookings.

Lowest $27.8kMiddle half $38.4k–$53.4kHighest $153.7k

This home$27.8k$153.7ka year, darker earns moreSign up free to see

Ocean views beach house on east end of the Island$51,1200.4 mi · 51% booked at $225/night
A Wave from it All$52,3831.1 mi · 53% booked at $315/night
Ocean Isle Escape 4br-2ba - minutes from beach$35,7951.2 mi · 48% booked at $362/night
Amen Corner•••1.2 mi
Fully Renovated. Heated Private Pool.•••1.4 mi
The Pearl - Ocean View, 100 yard from beach•••1.7 mi
Beachhaven - Cute One Row Back Cottage New Renos•••1.8 mi
Fairmont Canal beauty•••1.9 mi

Nearby Airbnbs, closest first
Listing	Distance	Revenue/yr	Occupancy	Nightly rate
Ocean views beach house on east end of the Island	0.4 mi	$51,120	51%	$225
A Wave from it All	1.1 mi	$52,383	53%	$315
Ocean Isle Escape 4br-2ba - minutes from beach	1.2 mi	$35,795	48%	$362
Amen Corner	1.2 mi	•••	•••	•••
Fully Renovated. Heated Private Pool.	1.4 mi	•••	•••	•••
The Pearl - Ocean View, 100 yard from beach	1.7 mi	•••	•••	•••
Beachhaven - Cute One Row Back Cottage New Renos	1.8 mi	•••	•••	•••
Fairmont Canal beauty	1.9 mi	•••	•••	•••

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Airbnbs for sale in North Carolina

Keep this analysis of 408 E Second Street, with your changes.

How we estimate

Revenue: Chalet's estimate of what a 4-bedroom Airbnb at 408 E Second Street could book in a year, from 10 comparable Airbnbs nearby and their observed bookings. It's gross revenue: before the Airbnb host fee, management and every other cost. The occupancy and nightly rate are the ones behind that estimate. Few exact matches: based on the older data set, which matches bedrooms and baths exactly within 5 miles.
Price: The price you enter. Use the asking price if the home is listed.
Costs: Defaults you can change: 10% management and a 3% Airbnb host fee (of revenue); 1% property tax and 1% maintenance (of price, per year); insurance at 0.5% of price; utilities and internet at $150 a month plus $100 per bedroom; $200 a year for an STR license.
Financing: 25% down, 7% interest over 30 years, 1% closing costs and $20,000 to furnish, unless you change them.
Returns: Cash flow is revenue minus every cost and the mortgage. Cash-on-cash divides a year of cash flow by the cash to close. Cap rate divides net operating income by the price.
Other sites: Other calculators pick different comparable homes, time windows and defaults, so their numbers differ. Compare the comparable homes, not just the headline.

Other addresses analyzed nearby

Disclaimer. This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.

408 E Second Street

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408 E Second Street

Pays for itself at a price up to about $471k

Ask about 408 E Second Street

Nearby Airbnbs like it earn $38k–$53k a year

What to do next

How we estimate

Other addresses analyzed nearby

Other addresses analyzed nearby