BNBCalc Short Term Rental Investment Analysis 1600 S Ocean Blvd, Myrtle Beach, SC, 29577

1 bed • 1 bath • 1 guests • $84,900

BNB

Calc

Annual Revenue

$18,664

Profit (Cash Flow)

-$3,169

Cap Rate

3.0%

Annual Revenue

$18,664

AirDNA projects $129/night at 61% occupancy ($28,741). Airbtics projects $73/night at 70% occupancy ($18,663). Airbtics predicts this property will perform in the 41% revenue percentile

BNB Calc projects a 70% occupancy rate, $73 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$13,170	$21,981	$29,134	$36,485
Occupancy	60%	76%	80%	84%
Nightly Rate	$52	$71	$91	$109

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Renovated Queen Suite-Stunning Views! Palace 805	$13,094	$57	55%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 4 (19)
Oceanview 1 Bedroom Condo- Palace Resort 1009	$20,637	$105	48%	1	1	1	$95	✅	✅	❌	Y / Y	⭐️ 4 (7)
Oceanfront Studio Suite~Palace 504	$22,256	$94	58%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.5 (24)
Jaws Themed, Near Airport, Arcade Games, Pool	$13,486	$44	71%	1	1	2	$66	✅	❌	❌	N / N	⭐️ 5 (491)
Spacious 1BR Oceanview Condo, Full Kitchen, 4ppl	$15,390	$53	72%	1	1	1	$142	✅	✅	❌	Y / Y	⭐️ 4.3 (51)
Beach Goers Paradise	$12,353	$52	57%	1	1	2	$75	✅	❌	❌	Y / Y	⭐️ 5 (65)
Beautiful King Suite - Landmark 708	$12,156	$42	63%	1	1	1	$85	❌	✅	❌	N / Y	⭐️ 4.5 (37)
Oceanfront King Suite with Sofa~Landmark 830	$38,334	$115	85%	1	1	1	$85	✅	❌	❌	N / N	⭐️ 4.5 (26)
Recently Updated! Oceanfront Condo-Palace 1404	$25,210	$81	79%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 4.5 (45)
Oceanfront King Suite with Sofa~Landmark 830	$28,494	$82	85%	1	1	1	$85	✅	❌	❌	N / Y	⭐️ 5 (75)
Luxury Oceanfront Angle Queen Suite -Palace 603	$25,033	$72	84%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.5 (73)
Low rates Oceanfront Resort in the heart of Myrtle	$24,493	$80	78%	1	1	1	$75	✅	✅	❌	Y / Y	⭐️ 5 (553)
9th Floor Studio, Breathtaking Ocean Front, Pools!	$19,180	$54	80%	1	1	1	$120	✅	✅	❌	Y / Y	⭐️ 4.5 (33)
2 Room Ocean View King Suit Landmark Myrtle Beach	$15,955	$85	45%	1	1	1	$150	✅	✅	❌	Y / Y	⭐️ 4.5 (29)
New Oceanview Landmark, King Bed, Handicap, Pools!	$16,734	$40	88%	1	1	1	$120	✅	✅	❌	N / Y	⭐️ 4.5 (28)
Updated Oceanfront Queen Suite~Palace 1004	$16,307	$63	60%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.5 (28)
Ocean View King Suite! Arcade Game! Landmark 1423	$9,901	$51	43%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 4.5 (41)
Renovated Condo With Endless Views! Palace 1805	$17,905	$80	53%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 4.5 (45)
The Palace 405 ocean view studio	$13,132	$55	61%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.5 (20)
Renovated Upscale Luxury Apartment~Palace 2109!	$37,525	$116	83%	1	1	1	$95	✅	❌	❌	N / Y	⭐️ 4.5 (91)
Oceanfront 1BR Myrtle Beach pools lazy river 542	$30,020	$103	77%	1	2	1	$90	✅	✅	❌	N / Y	⭐️ 4.5 (54)
Updated Oceanfront Queen Suite~The Palace 2102	$17,763	$48	87%	1	1	1	$85	✅	❌	❌	Y / Y	⭐️ 4.5 (42)
King Bed Studio! Beach Bound!	$13,783	$43	78%	1	1	2	$65	✅	❌	❌	N / Y	⭐️ 5 (361)
Ocean Front Studio- Palace 2101	$23,593	$70	82%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 4.5 (47)
Ocean Front King Suit at Landmark Myrtle Beach	$22,566	$74	76%	1	1.5	1	$140	✅	✅	❌	Y / Y	⭐️ 4.5 (25)
Oceanfront King Suite- Palace 1501	$30,862	$104	75%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 4.5 (8)
Oceanfront Studio w Stunning Updates! Palace 202	$15,072	$50	72%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.5 (22)
Ocean View 1 Bedroom Suite - Landmark 747	$18,124	$61	76%	1	1	1	$95	✅	❌	❌	N / Y	⭐️ 4 (23)
1 BR Apartment with Great Views~Palace 1112	$40,675	$139	76%	1	1	1	$95	✅	✅	❌	Y / Y	⭐️ 4.5 (13)
Luxurious Oceanfront Queen Suite -Palace 1203	$35,664	$113	79%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 0 (1)
The Palace 505 ocean view condo	$15,666	$50	80%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.5 (21)
Appealing 1bdrm/1.5 bth Oceanfront Condo (LMR0744)	$27,808	$91	74%	1	1.5	2	$112	✅	✅	❌	Y / Y	⭐️ 4 (9)
One Bedroom Suite Landmark 347	$18,932	$60	77%	1	1	1	$95	✅	✅	❌	N / Y	⭐️ 4.5 (39)
Steps to the Sand! King Bed Studio at The Beach!	$13,818	$42	80%	1	1	2	$65	✅	❌	❌	N / Y	⭐️ 5 (112)
Oceanfront Queen Suite -Palace 1203	$18,774	$54	81%	1	1	1	$85	✅	✅	❌	Y / Y	⭐️ 5 (57)
Amazing views from Palace 2110!	$32,126	$101	80%	1	1	1	$95	✅	✅	❌	Y / Y	⭐️ 4.5 (3)
Beautiful King Suite - Landmark 708	$26,362	$109	61%	1	1	1	$85	✅	❌	❌	N / Y	⭐️ 4.5 (151)
Palace 1009, 10th floor, Ocean View Condo	$14,879	$62	55%	1	1	1	$95	✅	✅	❌	Y / Y	⭐️ 4 (26)
Oceanfront 1 BR Suite-Stunning Views-Landmark 1533	$18,206	$74	58%	1	1	1	$95	✅	✅	❌	N / Y	⭐️ 4.5 (20)
Oceanfront 1 BR Suite-Stunning Views-Landmark 1533	$19,458	$76	60%	1	1	1	$95	✅	✅	❌	N / Y	⭐️ 4.5 (3)

Return Metrics

-13.32% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$3,169	-$6,338	-$9,508	-$12,677	-$15,847	-$31,694	-$95,083
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$67,920	$67,920	$67,920	$67,920	$67,920	$67,920	$67,920
Down Payment	$16,980	$16,980	$16,980	$16,980	$16,980	$16,980	$16,980
Property Appreciation	$2,547	$5,170	$7,872	$10,655	$13,522	$29,198	$121,174
Total Return	$84,277	$83,731	$83,264	$82,877	$82,575	$82,404	$110,991

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.32%

Cap Rate

3.01%

Return on Investment

0.89%

1600 S Ocean Blvd 134 Myrtle Beach, South Carolina, 29577

1 bed • 1 bath • 1 guests

Purchase Price

Est. $407/mo

Inquire about this property

Contact Agent

Myrtle Beach

Guide

-52

Airbnb Investor Score

-$3,169

Annual Profit

3.0%

Cap Rate

-13.3%

Cash on Cash

$18,664

Annual Revenue

BNBCalc predicts this property will get $73 per night with 70% occupancy, putting it in the top 41% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 63% of comparables

Avg Daily Rate

Top 48% of comparables

Seasonality

40 Airbnb Comparables

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

$21,293

Avg annual revenue

70%

Avg occupancy rate

$73

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

$10k

$20k

$30k

$40k

-$3,169

Profit

Revenue

$18,664

Operating Expenses

$16,106

Operating Income

$2,558

Mortgage & Taxes

$5,727

Profit (Cash Flow)

-$3,169

$23,777

Cash Investment

Down Payment

$16,980

Renos & Furnishing

$4,250

Closing Costs

$2,547

Total

$23,777

DSCR Ratio

Weak

0.45

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.32%

Cap Rate

3.01%

Return on Investment

0.89%

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

$4,029

Deductible property tax

$841

Your total deduction

$12,167

Your adjusted annual income

$150,000 - $12,167 = $137,833

Taxes on $137,833 (30%)

$41,350

Your old tax bill

$45,000

Your new tax bill

$41,350

Estimated tax savings

$3,650

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:

1967

Size:

370 sqft

Type:

CONDO

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: CONDO

Stories: -

Lot size: -

Building area: 370 sqft

Garage: No

Heating:

Pool: Yes

Fireplaces: -

Basement: No

Cooling: Wall/Window Unit(s)

View: Ocean

Parking: Other

Amenities: -

Price per square foot: $229

Lot Info

Zoning: -

Land Use: -

Parcel Number: 44314010074

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $63,365

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: Myrtle Beach Middle School with 6/10 star rating
High School: Myrtle Beach High School with 4/10 star rating