Vacation Rental ROI Calculator
Estimate cap rate, cash-on-cash return, and annual cash flow for Panama City Beach, 30A, Destin, Mexico Beach, Cape San Blas, and St. George Island. Pre-loaded with market benchmarks for condos and single-family homes.
- →PCB 2BR condos average $39,484/yr gross at 43% occupancy — cap rates typically 6–8% at current prices.
- →30A 2BR condos average $59,472/yr gross — higher revenue but lower cap rates (4–6%) due to purchase prices.
- →Mexico Beach, Cape San Blas, and St. George Island offer lower entry prices with strong cap rates for investors willing to trade amenity density for value.
- →Management fees run 22–30% of gross; DSCR loans require 20–25% down and qualify off rental income.
- →Select a market preset below or enter your own numbers to see your projected returns.
Start with a market preset
Revenue, occupancy, and ADR benchmarks: Rabbu market averages, April 2026. Mexico Beach, Cape San Blas, and St. George Island figures are conservative estimates based on Gulf County / Franklin County STR data. Individual properties vary — enter your own numbers to override any preset.
Purchase & Financing
$97,250 down · $291,750 loan
Rental Revenue
Before management fees
$9,871/yr
Annual Expenses
$9,600/yr
Key Return Metrics
Cap rate
2.39%
NOI ÷ purchase price
Cash-on-cash return
-14.98%
Annual cash flow ÷ down payment
Annual cash flow
-$14,570
After debt service
DSCR
0.39x
NOI ÷ annual debt service (≥1.25 preferred)
Income & Expense Breakdown
Gross yield
10.15%
Gross revenue ÷ purchase price
Expense ratio
76.41%
Total expenses ÷ gross revenue
Monthly payment
$1,990
P&I on $291,750 loan
Monthly cash flow
-$1,214
Annual ÷ 12
5-Year Projection
Assumes 3.5% annual appreciation. Projection only — not a guarantee.
Estimated value
$462,010
Equity (approx.)
$170,260
Total ROI
0.16%
This calculator is for estimation purposes only. Actual returns depend on property-specific factors, management quality, seasonal demand, and market conditions. Consult a licensed real estate professional and CPA before making investment decisions.
Common questions
What is a good cap rate for a vacation rental on the Emerald Coast?
A cap rate of 5–8% is generally considered solid for Gulf Coast vacation rentals. PCB 2BR condos using Rabbu April 2026 benchmarks produce cap rates in the 6–8% range at median purchase prices. 30A properties tend to produce lower cap rates (4–6%) due to higher purchase prices, despite strong gross revenue. Cap rate does not account for financing — use cash-on-cash return to evaluate leveraged returns.
What is a realistic gross rental income for a Panama City Beach condo?
According to Rabbu April 2026 data, a 2BR condo in Panama City Beach averages $39,484 in gross annual rental revenue at 43% occupancy and a $179 average daily rate. A 4BR single-family home averages $78,313 at 28% occupancy and a $323 ADR. These are market averages — individual properties vary based on building, view tier, amenities, and management quality.
How much should I budget for vacation rental management fees on the Emerald Coast?
Full-service vacation rental management on the Emerald Coast typically runs 22–30% of gross revenue. Boutique and co-host management can run 15–20%. Self-management eliminates the fee but requires significant time investment. The calculator defaults to 25%, which is a reasonable midpoint for full-service management in PCB, 30A, and Destin.
What financing is available for vacation rental properties on the Emerald Coast?
Conventional second-home loans require 10–20% down. Investment-property loans require 20–25% down. DSCR loans qualify off rental income rather than personal income and are popular with investors — they require 20–25% down and are capped at 75% LTV in Florida. Many top-performing beachfront buildings are classified as condotels, which require non-QM financing with 20–30%+ down. Always verify the building's financing eligibility before making an offer.
Ready to run the numbers on a real property?
Kinsey Haddock P.A. works with buyers across the Emerald Coast — from PCB condos to Forgotten Coast beach homes. Get a personalized analysis for any property you're considering.