Investment Analysis of 614 Executive Golf Villas St. Simons Island, Georgia 31522 (2024)

BNBCalc.com Investment Analysis Report of 614 Executive Golf Villas

2 bed • 2 bath • 4 guests • $289,000

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Investment Analysis of 614 Executive Golf Villas St. Simons Island, Georgia 31522 (2)

Return Metrics

-5.99% cash on cash return is a poor return over the next 1 year.

Investment Value Over Time

Property Appreciation Assumption:

3%

Revenue Appreciation Assumption:

0%

Cash on Cash Return

-5.99%

Cap Rate

5.23%

Return on Investment

9.78%

Annual Revenue

$33,098

AirDNA projects $197/night at 46% occupancy ($33,098). Airbtics projects $153/night at 61% occupancy ($34,088). Airbtics predicts this property will perform in the in the 45% revenue percentile.

Revenue Percentile

Percentiles25%50%75%90%
Revenue$26,405$34,097$45,667$64,135
Occupancy53%61%72%82%
Nightly Rate$131$145$164$203

Seasonality (Profits by Month)

Airbnb Comparables

Airbnb nameRevenue$/NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

$32,997

$140

62

%

2362$180Y / Y⭐️ 5 (7)Profile

$32,610

$188

45

%

2162$85Y / Y⭐️ 4.9 (48)Profile

$42,427

$184

63

%

2382$0Y / Y⭐️ 4.7 (25)Profile

$45,531

$158

75

%

2161$80Y / Y⭐️ 5 (274)Profile

$34,035

$145

62

%

2362$125Y / Y⭐️ 5 (12)Profile

$35,714

$151

58

%

2342$200Y / Y⭐️ 4.9 (16)Profile

$47,917

$144

87

%

2142$150Y / Y⭐️ 4.9 (245)Profile

$36,040

$161

56

%

2262$150Y / Y⭐️ 4.5 (2)Profile

$44,483

$153

78

%

2242$99Y / Y⭐️ 5 (166)Profile

$41,292

$135

82

%

2042$90Y / Y⭐️ 4.8 (22)Profile

$35,935

$120

73

%

2162$75Y / Y⭐️ 5 (169)Profile

$32,194

$148

57

%

2242$99Y / Y⭐️ 5 (93)Profile

$51,760

$203

64

%

2362$207Y / Y⭐️ 4.7 (53)Profile

$44,491

$134

89

%

2142$99Y / Y⭐️ 4.8 (103)Profile

$23,086

$144

42

%

2363$150Y / Y⭐️ 4.9 (112)Profile

$27,385

$133

52

%

2362$115Y / N⭐️ 4.7 (75)Profile

$24,372

$117

55

%

2243$100Y / Y⭐️ 4.8 (101)Profile

$26,991

$122

54

%

2352$150Y / Y⭐️ 5 (1)Profile

$17,183

$148

30

%

2262$99Y / Y⭐️ 4.8 (169)Profile

$37,919

$128

77

%

2141$253Y / Y⭐️ 4.8 (9)Profile

$21,726

$126

41

%

2162$120Y / Y⭐️ 4.2 (5)Profile

$24,409

$153

41

%

2244$175Y / N⭐️ 5 (2)Profile

$33,348

$122

72

%

2344$80Y / Y⭐️ 4.8 (93)Profile

$51,774

$191

69

%

2281$100Y / Y⭐️ 4.8 (273)Profile

$18,253

$96

48

%

2242$60N / Y⭐️ 5 (53)Profile

$41,199

$173

63

%

2342$142Y / Y⭐️ 0 (0)Profile

$42,137

$212

53

%

2241$142Y / Y⭐️ 5 (1)Profile

$23,859

$92

67

%

2242$60Y / Y⭐️ 4.8 (219)Profile

$69,474

$238

75

%

2273$191Y / N⭐️ 4.8 (12)Profile

$32,325

$192

46

%

2361$0N / N⭐️ 5 (2)Profile

$64,732

$207

82

%

2261$175Y / Y⭐️ 4.9 (18)Profile

$41,998

$135

85

%

2252$0Y / Y⭐️ 5 (36)Profile

$55,116

$251

56

%

2261$130Y / Y⭐️ 4.8 (43)Profile

$34,691

$162

53

%

2261$140Y / Y⭐️ 5 (3)Profile

$39,762

$159

63

%

2261$100Y / Y⭐️ 5 (39)Profile

$32,635

$137

60

%

2251$150Y / Y⭐️ 5 (97)Profile

$19,610

$132

37

%

2262$115Y / Y⭐️ 4.7 (117)Profile

$25,136

$115

54

%

2262$125Y / Y⭐️ 4.9 (79)Profile

$32,854

$130

65

%

2252$135Y / Y⭐️ 5 (126)Profile

$29,652

$145

54

%

2143$180Y / Y⭐️ 4.6 (5)Profile

Operating Expenses

Monthly Expenses

$1,498

Annual Expenses

$17,982

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$975

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$275

Management & Platform Fees

$82

Platform Fee (i.e. Airbnb)

$82

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,624

Annual Mortgage & Tax

$19,488

Downpayment

Purchase Price

$289,000

Percent Down

20%

Total Downpayment

$57,800

Total Loan Amount

$231,200

Mortgage Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,386

Property Tax and PMI

Property Tax Yearly

0.99%

Property Tax Monthly

$238

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

-

Year built:

1974

Size:

796 sqft

Type:

CONDO

Parking:

-

Heating:

CENTRAL

Sold Comparables

AddressBedsBathsSquare FeetLot SizeYear BuiltLast SaleDays on Market
622 Executive Golf Villas2279601974$265,000214
606 Executive Golf Villas2279601974$285,00062
610 Executive Golf Villas2292801974$00
669 N Golf Villas331,56401974$359,000128
266 Moss Oak Ln231,41801983$00
710 Deer Run Villas331,59501974$370,00039
864 Wimbledon Dr1284601985$00
621 Executive Golf Villas2279601974$270,0000
607 Executive Golf Villas2279601974$293,5000
727 Deer Run Villas221,40701974$00

Property Details

  • MLS Status: Active
  • Property Use: Condominium
  • Stories: 1
  • Lot size:-
  • Building area: 796 sqft
  • Garage: -
  • Heating: Central
  • Pool: No
  • Fireplaces: 0
  • Basem*nt: No basem*nt

Lot Info

  • Zoning: PD
  • Land Use: Residential
  • Parcel Number: 04-00333
  • Flood Zone: Yes, Zone

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $96,800
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: $242,000
  • Market Estimate: $285,440

Sale history

DateSale Price% FinancedBuyer
08/19/21$225,000150%Barry Westbrook, Michelle Nichole Westbrook
06/08/18$200,000135%Jan H Houck

Ownership

  • Name: Barry Westbrook
  • Owner Occupied: No
  • Owner Mailing Address: 1021 Barnett Dr, Athens, Ga 30605
  • Years Owned: 36
  • Home Equity: $91,550
  • Mortgage Balance Remaining: $168,750
  • Financed amount: 135%
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Forclosure: No

Tax Calculator

Tax Calculator

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

$13,716

Deductible property tax

$2,861

Est. Depreciation Value

$46,632

Profit on this property

$15,115

Your total deduction

$48,094

So, your new taxable income is your previous income minus your total deduction ($150,000 - $48,094)

$101,905

Your old tax bill

$45,000

Your new tax bill

$30,571

Estimated tax savings

$14,428

For sale

$289,900

Est. $1,317/mo

2 bed • 2 bath • 4 guests • $289,000

Annual Revenue

$33,098

Profit (Cash Flow)

-$4,372

Cap Rate

5.2%

Annual Revenue

$33,098

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
AirDNA projects $197/night at 46% occupancy ($33,098). Airbtics projects $153/night at 61% occupancy ($34,088).

Occupancy Rate

Avg Daily Rate

Revenue Percentile

$33,098

$33,098

25%

50%

75%

90%

100%

Loading...

Investment Analysis of 614 Executive Golf Villas St. Simons Island, Georgia 31522 (3)

Airbnb Comparables

Identify comparable properties to benchmark against. Then adjust your nightly rates and occupancy rates accordingly.

Revenue/yr

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsMin nightsCleaningPoolHot TubPetsWasher / DryerReviewsHost

$32,997

$140

62

%

2362$180Yes / Yes⭐️ 5 (7)Profile

$32,610

$188

45

%

2162$85Yes / Yes⭐️ 4.9 (48)Profile

$42,427

$184

63

%

2382$0Yes / Yes⭐️ 4.7 (25)Profile

$45,531

$158

75

%

2161$80Yes / Yes⭐️ 5 (274)Profile

$34,035

$145

62

%

2362$125Yes / Yes⭐️ 5 (12)Profile

Return Metrics

-5.99% cash on cash return is a poor return over the next 1 year.

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-5.99%

Cap Rate

5.23%

Tax Calculator

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 estimated deduction will be...

Deductible mortgage interest

$13,716

Deductible property tax

$2,861

Your total deduction

$48,094

Your adjusted annual income

$150,000 - $48,094 = $101,905

Taxes on $101,905 (30%)

$30,571

Your old tax bill

$45,000

Your new tax bill

$30,571

Estimated tax savings

$14,428

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Investment Analysis of 614 Executive Golf Villas St. Simons Island, Georgia 31522 (2024)

FAQs

Which pro golfers live on St Simons Island? ›

Simons Island in 1969, he had no idea it would become a haven for PGA Tour professionals for decades to come. But this tiny island community - and neighboring Sea Island -- is now home to approximately a dozen PGA Tour players, including Matt Kuchar, Zach Johnson, Harris English, and Brian Harman.

How many golf courses are there on St Simons Island? ›

There are 6 golf courses in Saint Simons Island, Georgia, including 2 public and 4 private courses. There are also another 7 golf courses within 20 miles of Saint Simons Island, including 2 public, 3 municipal, and 2 private courses.

Does anyone famous live on St. Simons Island? ›

Golf Hall of Famer Davis Love III is one such linksman. The 21-time PGA Tour winner owns a pristine plantation-style home on St. Simons Island. Love's 5-acre spread is located in a private, serene neighborhood and includes a fully functioning farm.

Who is the owner of St. Simons Island? ›

Abolitionist actress Fanny Kemble, wife of Butler's grandson Pierce Mease Butler, described the island in her journal in 1839 as "a little wide sand heap, covered with thick forest growth." Today the island is owned by the former U.S. Treasury Secretary, Henry Paulson, and his wife Wendy.

Is St Simons a private island? ›

Simons Island is a privately owned, 11,000-acre barrier island resort. Known for its privacy, The Lodge on Little St. Simons Island features six charming cottages, several of which date back to the early 1900s, that can host a total of 32 guests at one time.

Can you play Sea Island without staying there? ›

Sea Island is a private, gated island accessible only to resort guests and Sea Island Club members. Access to Sea Island, resort facilities including The Cloister, The Lodge, Beach Club, restaurants, and recreation/holiday experiences, shall not be granted if you are not a resort guest or Sea Island Club member.

Can you drive golf carts on St Simons Island? ›

Golf Cart Rules on St.

St. Simons Island allows low-speed vehicles (LSV) and personal transportation vehicles (PTV) on our roads. LSVs can be operated on streets with speed limits of 35 mph or less, while PTVs are allowed on roadways with a speed limit of 25 mph or less.

What celebrities are from Glynn County? ›

Several other famous individuals are from Glynn County including Bill Diehl, the author of Sharky's Machine and Primal Fear, tobacco magnate R. J. Reynolds, noted architect William Portman, and PGA golfer Davis Love, III.

What town does Rory McIlroy live? ›

Where does Rory Mcilroy live? The professional golfer lives in Jupiter, Florida, USA, which he purchased in 2013. The luxurious mansion is in The Bear's Club, a prestigious golf club community. Despite Rory's global real estate portfolio, Jupiter, Florida, remains his primary residence.

Where do the most professional golfers live? ›

Just five communities are home to more than half of the 228 Tour pros living stateside. They've flocked to Florida and Texas, favoring states with warm weather and without income tax and settling in affluent suburbs such as those outside of Dallas or golf-friendly towns like Sea Island, Ga. and Ponte Vedra Beach, Fla.

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