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Cash Flow Pro-Forma: The Fine Print
Below are sample Pro-Formas to help you analyze your investment options. Whether you call them Investment Examinations, Analysis, or the classic "Performa," they all share one thing: they are only as good as the data entered.
Accuracy & Professional Advice
While every effort has been made to provide accurate data, these pro-formas should be used as guidelines only.
Professional Recommendation: If a Pro-Forma is your primary reason for proceeding with an investment, take it to your accountant. We are real estate experts, not tax professionals. Everyone’s financial situation is unique; please consult with your CPA before closing.
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$4,750,000
16 bd
15 ba
“Take It to the Limit” is a premier oceanfront estate in coveted S Nags Head that you must see to truly appreciate! You can host your larger groups of family and friends in this 16 bedroom 15 ½ bathroom oasis just far enough away from the crowds but still only minutes from all the things the Outer Banks has to offer vacationers. But don’t be surprised if you never want to leave…..there’s entertainment available on all levels of this 11,000 square foot mini-resort and a private elevator to transport you to all three levels of this house. The ground level offers a rec room/game room and a separate theater room, the mid-level offers table games, a pool table, lounging and TV and that’s if you can keep your eyes off the amazing ocean views this room offers. The top level is the best! Two of everything! Two kitchens, yep, two kitchens! One on each side of the house. Take your pick they are both well-equipped and spacious! There’s a place to dine at the bar (brand new bar stools by the way) or seat yourself at one of the two brand new dining tables. Enjoy relaxing in one of the two oceanfront living areas while you catch up with family or friends or stand lookout for dolphin or maybe even a whale or two from the only thing there’s ONLY ONE OF ON THIS LEVEL……a single wall of windows for expansive ocean views! This home has been meticulously maintained, and it shows. There is a complete list of updates and maintenance available in the associated documents. Find out why Take it to the Limit is one of the “100 Collection” at CCV. This home boasts an impressive rental performance in owner rents of almost $474,000 for 2026. Schedule an appointment to see it on turnover!
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$3,995,000
8 bd
7 ba
Eight-bedroom homes are a rare find in Duck, and an oceanfront property of this size, setting, and amenity package is even more exceptional. Situated on approximately half an acre with more than 100 feet of ocean frontage, this impressive estate offers unobstructed Atlantic views, expansive indoor and outdoor living spaces, and the room to comfortably accommodate a large group. With extensive improvements completed over the past several years, the home is beautifully maintained and exceptionally well equipped for both personal enjoyment and rental use.
Designed with entertaining in mind, each level offers its own kitchen or kitchenette area, along with multiple gathering spaces throughout the home. The ground level features a kitchenette with a refrigerator, dishwasher, and microwave, as well as a game room with ping pong, a comfortable living area, and an authentic movie theater with new theater seating. From here, step directly outside to the private 15' x 30' pool, hot tub, and spacious poolside entertaining area.
The mid-level provides yet another generous gathering space with a pool table and a substantial wet bar/kitchen area equipped with a refrigerator, ice maker, microwave, and two dishwashers. With plenty of seating, this level gives guests another place to spread out and relax. Four bedrooms are located on this level, including three king bedrooms and one queen bedroom.
The top level takes full advantage of the spectacular oceanfront setting. An expansive open living room, dining area, additional sitting spaces, and beautifully appointed kitchen all face the Atlantic, creating sweeping water views throughout the main living areas. The kitchen is exceptionally well equipped with two of nearly every major appliance, part of an impressive appliance package that includes five dishwashers throughout the home.
The largest suite is also located on the top level and offers a true private retreat with direct access to an oceanside deck. The spacious bathroom features a soaking tub, separate tiled shower, dual sinks, separate closets, and a private water closet. In total, six of the home's eight bedrooms are private suites with their own bathrooms, providing a level of privacy that is particularly desirable in a home designed for larger groups. Each level also includes a convenient half bath.
The property is beautifully landscaped with ample parking and is located just a short walk or bike ride from the heart of the Town of Duck, making it easy to enjoy the shops, restaurants, boardwalk, and other attractions that make Duck one of the Outer Banks' most sought-after communities.
An extensive list of improvements adds even more value. The entire ocean-facing side of the home received new windows, doors, and exterior siding in 2023, and new LVP flooring was installed that same year. Recent improvements also include interior and exterior painting, with the exterior paint just completed. Updates for 2026 include new barstools, new movie theater chairs, and a new sofa in the sunroom. The former tiki bar was removed to create a more open and versatile pool area with additional room for seating and outdoor enjoyment.
The HVAC systems have also received significant attention over the years, including replacement of the top-level air handlers in 2021, the top-level heat pump and ground-level air handler in 2023, and the mid-level air handler in 2020, along with earlier heat pump replacements featuring Carrier Coastal units. A new dryer was installed in March 2023, and the elevator gate has been updated for compliance with Weston's Law.
With eight bedrooms, exceptional ocean frontage, multiple entertainment areas, extensive kitchen facilities, a private pool, theater room, elevator, and a prime location close to the center of Duck, this is a property that stands apart. Opportunities to own an eight-bedroom home in Duck are limited; finding one directly on the ocean with this combination of space, amenities, updates, and location
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$2,750,000
8 bd
9 ba
Compelling 8-bedroom oceanfront investment opportunity in South Nags Head This vacation rental is designed to attract large groups and maximize rental performance, featuring eight private ensuite bedrooms—a highly desirable layout for today’s vacation guests. The top level showcases an open-concept great room with a dramatic wall of windows framing ocean views, a seasonal fireplace, and a well-equipped kitchen with granite countertops and stainless appliances, 2 wall ovens, 2 dishwashers —perfect for entertaining. An ELEVATOR provides convenient access to all levels, an important feature for guest comfort and accessibility. Entertainment-focused amenities enhance the home’s rental appeal, including a mid-level theater room for movie nights and a ground-level rec room with pool table, arcade game, kitchenette/bar area and lounge space for gathering. Outdoors, guests enjoy a private heated pool, poolside hot tub, and east-facing decks on all three levels capturing sunrise views and ocean breezes. Additional features include a ground-floor kitchenette, cabana bath with direct pool access, outdoor shower, two laundry areas, gas grill, and a private walkway to the beach. With its oceanfront location, elevator, theater room, and eight ensuite bedrooms, Simply Paradise offers a strong opportunity for investors seeking a high-demand Outer Banks vacation rental. Schedule your showing with us or your agent on Sundays!
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$3,999,995
11 bd
11 ba
With more than $320,000 booked for the current rental season, and $150,000 booked already for 2027 this exceptional oceanfront estate in Corolla's Whalehead community offers a rare combination of proven investment performance and luxury coastal living. Built in 2018 and situated behind a healthy, well-vegetated dune line, the property overlooks a wide stretch of sandy beach and enjoys panoramic Atlantic Ocean views.
Designed for large gatherings, this 11-bedroom home features an impressive amenity package including a private pool with cabana, theater room, game room, fitness area, elevator, and expansive oceanfront decks that maximize the beachfront experience.
The combination of modern construction, strong rental income, wide beaches, a stable dune system, and one of Corolla's most sought-after oceanfront locations makes this a truly exceptional opportunity for investors and second-home buyers alike.
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$1,549,000
5 bd
4 ba
Projected to earn up to $135,000 with a full year and almost $100,000 booked for the 2026 season. This oceanfront offers guaranteed 2026 rental income in a location adored by Outer Banks visitors. Unveil the charm of South Nags Head with this oceanfront income producing property. The home offers direct beach access, breathtaking views, and spectacular sunrises over the Atlantic Ocean. Recent renovations have transformed the space, featuring a fully remodeled kitchen and updated bathrooms, and fresh interior painting to brighten the space, ensuring a modern yet coastal experience. The thoughtfully designed reverse floorplan layout maximizes panoramic ocean views. The expansive living room, adorned with stylish wide-plank LVP flooring and vaulted ceilings with skylights, creates a bright and airy ambiance. Original juniper wood walls adds warmth and character in the vaulted foyer, while the updated painted juniper creates a crisp balance. The spacious living area spans the width of the house and offers 2 seating options with deck access to an expansive oceanfront deck! Enjoy a relaxing soak in the hot tub while taking in the ocean breezes and gorgeous views of the Atlantic. The remodeled kitchen boasts stunning quartz countertops and stainless steel appliances, making meal preparation a delight. With two dining tables accommodating up to twelve people and bar seating for eight, hosting family gatherings has never been easier. The primary suite on the top level includes a king bed, ensuite bath, and private deck. The lower level features additional bedrooms, including another ensuite, with three rooms offering deck access to enjoy ocean breezes and the soothing sound of waves. A cozy mid-level den serves as an extra hangout area, complete with a wet bar and mini fridge, perfect for the kiddos, gaming, or added movie space. The just beyond the private pool, you can find the world renowned sandy beaches of the Outer Banks. Located at Milepost 19, this home is nestled in a highly sought after location with uncrowded beaches. Less than a mile away, the Outer Banks Fishing Pier and Fish Head's Bar and Grill invite you to enjoy oceanfront dining with live music, a treasured spot for locals and visitors! Plus, you're only a few miles from Coquina Beach and the renowned 4x4 beaches of Cape Hatteras National Seashore, popular for fishing and surfing. Schedule a tour and enjoy the charm and allure of South Nags Head.
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$898,900
5 bd
3 ba
580 sq ft
This is your opportunity to secure a beautifully rejuvenated oceanfront beach home before it’s gone. With fresh interior and exterior paint, new flooring, direct beach access, and sweeping ocean views, this rare find is move-in ready and full of coastal charm. There’s even room to add a pool and elevate the property even further.
First Level:
Welcoming entryway with generous storage, full bathroom, laundry area, and a cozy sitting room.
Mid-Level:
Four bedrooms, two full baths, a bonus room, and an oceanfront deck accessible from two bedrooms—perfect for morning sunrises and salty breezes.
Top Level:
A spacious great room with cathedral ceilings and abundant natural light, plus the primary bedroom and a half bath. Step onto the expansive oceanfront deck with built-in seating and unwind to the soothing sound of the waves.
Additional highlights include paved parking, an outdoor shower, and convenient access to shopping, dining, bike rentals, ice cream parlors, and coffee shops.
Don’t miss your chance to own this exceptional oceanfront retreat—schedule your showing today.
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$820,000
4 bd
2 ba
If you've been dreaming of a no-fuss beach cottage where the ocean is front and center, Dolphin Run delivers. This classic single-level home is a true Hatteras “beach box,” full of vintage charm and steps from the sand. The expansive oceanfront sundeck gives you big views over the dunes—perfect for soaking up the sun, catching the sunrise, or stargazing with your favorite people. Inside, you’ll find four bedrooms and two full baths—one is a private en suite off the queen bedroom, and the other is conveniently located in the hall. The open living, dining, and kitchen area brings everyone together, whether you're grabbing a quick bite or unwinding after a long beach day. The elevated laundry and storage room downstairs offers plenty of space for your gear, and the roomy, convenient outdoor shower makes cleanup a breeze after sandy adventures. There is also a fish cleaning table and grill for added convenience. Located in the heart of Hatteras Village, you’re right across from Teach’s Lair Marina—ideal for boating and fishing—and just a golfcart ride from local shops, galleries, and restaurants. Hop on a charter, explore the Graveyard of the Atlantic Museum, or take the free passenger ferry to Ocracoke. With nearby ORV beach access and paddleboarding at Sandy Bay, adventure is always close by. Whether you're looking for a nostalgic retreat or a solid oceanfront investment, Dolphin Run offers the best of coastal living in one of the most beloved villages on the Outer Banks.
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$1,575,000
5 bd
3 ba
Perched on the oceanfront in the heart of Nags Head, 8509 S Old Oregon Inlet Road offers the perfect blend of coastal comfort and breathtaking Atlantic views. This inviting 5-bedroom, 3-bath beach retreat is designed for effortless seaside living, featuring expansive covered decks where you can relax to the sound of rolling waves and enjoy endless sunrises over the water.
Inside, the open-concept top level serves as the heart of the home, with a bright and airy living area flowing seamlessly into the kitchen and dining spaces—ideal for gathering with family and friends while taking in panoramic ocean views. Large windows fill the home with natural light, creating a warm and welcoming coastal ambiance throughout.
Step outside and enjoy your own private walkway providing direct access to the pristine sandy beach, making morning strolls, afternoon swims, and sunset walks just steps from your door. Whether you’re searching for a serene second home, a vacation getaway, or an exceptional investment opportunity, this oceanfront gem delivers the quintessential Outer Banks lifestyle.
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$2,999,995
7 bd
5 ba
Enjoy the ultimate coastal lifestyle at this premier seven-bedroom Outer Banks oceanfront estate located in the prestigious Pine Island community in Corolla. Recent updates in 2026 include NEW LVP flooring, NEW interior and exterior paint, and many new windows and doors. This home boasts an exceptional layout, breathtaking views, direct private beach access, and all the amenities guests need-- a large private pool and hot tub, sauna, game room, generous bedrooms and baths, large decks for soaking in the sunshine, a direct walkway to the beach with dune top seating, and more. The kitchen is fully equipped for large groups and features granite counters, double refrigerators, double ovens/stoves and double dishwashers, along with plenty of seating. The upstairs grand master suite is one of seven spacious bedrooms, many of which offer direct deck access and private baths. Also enjoy community perks and resort style amenities that Pine Island offers, including the neighborhood pools, beach club, playground, bike/jogging paths and tennis and basketball courts. Whether you are seeking a lucrative investment or a private family retreat, 455 Pipsis Point offers the perfect blend of luxury, location, and proven income potential.
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$1,399,000
4 bd
5 ba
Spectacular panoramic views from this beautiful oceanfront home with private pool, hot tub, game room, and elevator. This beautiful 4 bedroom, 5.5 bath home is perfect for second home or investment property with plenty of space to entertain friends and family. The reverse floor plan showcases the numerous wrap around windows to let in the light and take in the gorgeous views. Large decks on each level, and screened-in porch on the soundside of the house for watching beautiful sunsets over the Pamlico Sound. The top level offers a large great room, kitchen, dining area, half bath, and stairs to the Ship's Watch. The middle level features a primary ensuite bedroom, 3 additional ensuite spacious bedrooms all
with deck access. The first level features a bonus bedroom with 2 pyramid bunks, full bathroom, and a game room with a kitchenette with access to the pool, hot tub, outdoor shower, gas grill, and fish cleaning table. See Rental Income in Associated Documents. 2026 Rental Income is as of April 6, 2026. Florida OBX RV Park owns the south lot next to the home. Home is well maintained and ready for new owners.
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$2,150,000
10 bd
10 ba
Where the wild horses roam free and the Atlantic Ocean meets 1.3 acres of pristine coastal privacy, you will find this spectacular ten-bedroom, ten-and-a-half-bathroom oceanfront estate. Located just 2.3 miles up the off-road beaches—a world away from the everyday, yet effortlessly accessible—this near 5,000-square-foot custom masterpiece was completed in 2018 to offer the absolute pinnacle of Outer Banks living. Showing like a brand-new home, the property has been meticulously maintained, featuring complete interior and exterior paint freshly completed in 2026, along with recently replaced HVAC systems to ensure total peace of mind. Boasting 60 feet of direct ocean frontage, the home delivers mesmerizing, unobstructed wave-breaking views to the east for breathtaking sunrises, alongside stunning sunset views over the Currituck Sound and its outer islands to the west.
Designed flawlessly for grand-scale entertaining and total relaxation, the outdoor oasis features expansive east and westside decking that frames the panoramic views, leading down to a massive backyard pool area. This exterior retreat comes complete with a brand-new 2026 hot tub, a dedicated kiddie pool, a built-in grilling area, a gas firepit, and abundant lounge seating. Stepping inside to the ground level directly from the pool deck, you are greeted by a spectacular entertainment pub featuring a full wet bar equipped with an ice maker, microwave, refrigerator, and multiple flat-screen televisions. This space flows seamlessly into a spacious game room with a pool table, which sits adjacent to a private, dedicated movie theater room perfect for evening films and gaming. An elevator services all levels of the home, and this ground floor is rounded out by two luxury en-suite bedrooms, plus a third bedroom utilizing a shared full bath.
The mid-level serves as an ideal secondary retreat, offering a large central gathering area, convenient dual stackable washers and dryers, and five spacious en-suite bedrooms, several of which feature beautiful custom tile showers. Ascending to the top level, you will be utterly memorized by the sweeping ocean views framed perfectly through a dramatic wall of windows. The massive living room features vaulted ceilings, an electric fireplace, and direct access to both the east and west decks. Nearby, the chef’s dream kitchen is fully loaded to handle large crowds, boasting dual refrigerators, dual dishwashers, a double wall oven, a stovetop range, premium granite countertops, and a large island with bar seating. Two grand en-suite bedrooms anchor this top tier, each boasting upscale tile showers and private deck access.
Beyond its physical beauty, this property is a proven investment powerhouse situated securely in the coveted X flood zone, meaning no flood insurance is required. It has a highly productive history of grossing over $200k annually for the last several years, and the current 2026 season is already outperforming expectations with $215k in rental income already booked. For serious buyers looking for a transparent and smooth transaction, a comprehensive pre-listing home inspection is available for review. Whether you are seeking a lucrative rental machine to anchor your investment portfolio or a private family legacy estate, this Corolla gem is unmatched in both luxury and performance.
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