BNBCalc Short Term Rental Investment Analysis 237 Driftwood Ln, Edisto Island, SC, 29438

2 bed • 1 bath • 6 guests • $284,700

BNB

Calc

Annual Revenue

$43,873

Profit (Cash Flow)

$5,285

Cap Rate

8.6%

Annual Revenue

$43,873

AirDNA projects $178/night at 58% occupancy ($37,707). Airbtics projects $182/night at 66% occupancy ($43,873). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 66% occupancy rate, $182 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$31,973	$46,365	$55,244	$66,585
Occupancy	56%	72%	81%	86%
Nightly Rate	$152	$172	$181	$204

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Time Well Spent - 1 bedroom +Loft at Edisto Beach	$35,926	$170	56%	2	1	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (71)
★2BR Wyndham Condo on Golf Course 1/2m from Beach★	$33,707	$132	67%	2	2	2	$120	❌	❌	❌	Y / Y	⭐️ 5 (136)
The Blue Grotto - A Cozy Beach Retreat	$44,148	$181	63%	2	2	3	$150	❌	❌	✅	Y / Y	⭐️ 4.5 (14)
2BR/2BA Condo with golf views - Edisto On My Mind	$28,248	$161	42%	2	2	2	$290	✅	❌	❌	Y / Y	⭐️ 0 (1)
Blessed Rest	$32,882	$153	57%	2	1	3	$135	❌	❌	❌	Y / Y	⭐️ 5 (27)
Loft-e-Lagoon No Cleaning Fee	$30,667	$133	63%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (69)
It's Tee Time!	$40,681	$171	65%	2	1	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (37)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$50,991	$172	81%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4 (4)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$49,154	$170	79%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (3)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$49,102	$172	78%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$50,654	$173	80%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (8)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$52,880	$172	84%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (15)
2BR/2BA Summer all year round ~School's Out	$35,646	$152	59%	2	2	2	$295	✅	❌	✅	Y / Y	⭐️ 4.5 (13)
Fairway view 2BR Edisto Island, Dog Friendly	$15,611	$127	32%	2	2	4	$122	❌	❌	✅	Y / Y	⭐️ 4.5 (29)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$54,454	$173	86%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$55,688	$179	85%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$51,880	$175	81%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (3)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$62,520	$219	78%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$53,769	$177	83%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)
Cozy Beach Condo on Edisto Island near Charleston	$24,780	$157	42%	2	1	3	$120	✅	❌	❌	Y / Y	⭐️ 5 (41)
Quiet condo on Edisto Island	$31,898	$120	71%	2	1	3	$75	✅	✅	❌	Y / Y	⭐️ 5 (147)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$50,398	$170	81%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$48,861	$178	75%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$62,161	$193	88%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$50,361	$172	80%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
2BR Coastal Retreat w/ Balcony at Ocean Ridge	$56,927	$202	77%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
"Edisto Easy" 2BR/2BA on Golf Course 1mi to Beach	$59,852	$180	89%	2	2	3	$102	❌	❌	❌	Y / Y	⭐️ 5 (41)
Amenities Pass Included! Dog-Friendly Condo	$52,294	$152	94%	2	2	1	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (72)
Ocean Ridge Resort 2 Bedroom	$41,001	$152	67%	2	2	2	$139	✅	✅	❌	Y / Y	⭐️ 4.5 (14)
Ocean Ridge Resort 2 Bedroom	$54,026	$194	73%	2	2	2	$139	✅	✅	❌	Y / Y	⭐️ 5 (4)
*NEW listing, newly renovated, 2BR, beach access	$18,908	$123	42%	2	1	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (19)
Sea Cloud Retreat on Edisto - Beach & Golf	$16,268	$127	35%	2	1	3	$0	✅	❌	❌	Y / Y	⭐️ 5 (10)
Ocean Ridge Resort 2 Bedroom	$27,995	$140	51%	2	2	2	$139	✅	✅	❌	Y / Y	⭐️ 5 (4)
Ocean Ridge, Edisto Beach South Carolina-2 Bd Loft	$79,706	$352	60%	2	2	2	$100	✅	✅	❌	Y / Y	⭐️ 0 (1)
Peaceful Condo w/ Screened-in Porch on Golf Course	$52,292	$203	65%	2	2	6	$150	❌	❌	❌	Y / Y	⭐️ 5 (65)
2BR+loft with golf course views - near beach	$16,507	$146	25%	2	3	2	$183	❌	❌	✅	Y / Y	⭐️ 4.5 (7)
Golf villa on 17th fairway with balcony, AC & W/D	$14,734	$183	22%	2	2	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (4)
Edisto Beach Time	$53,957	$189	78%	2	2	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (21)
Edisto Island, Golf Course, Beaches, Wildlife Tour	$26,199	$402	17%	2	2	3	$99	✅	✅	❌	Y / Y	⭐️ 0 (0)
Edisto 2BR Deluxe Condo w/Resort Amenities	$148,831	$420	95%	2	2	4	$149	✅	✅	❌	Y / Y	⭐️ 5 (6)

Return Metrics

7.36% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$5,284	$10,569	$15,853	$21,138	$26,423	$52,846	$158,539
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$227,760	$227,760	$227,760	$227,760	$227,760	$227,760	$227,760
Down Payment	$56,940	$56,940	$56,940	$56,940	$56,940	$56,940	$56,940
Property Appreciation	$8,541	$17,338	$26,399	$35,732	$45,345	$97,912	$406,341
Total Return	$298,525	$312,607	$326,953	$341,570	$356,468	$435,459	$849,580

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

7.36%

Cap Rate

8.6%

Return on Investment

23.17%

237 Driftwood Ln 403 Edisto Island, South Carolina, 29438

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,366/mo

Inquire about this property

Contact Agent

$284,700

Zestimate

Airbnb Investor Score

$5,284

Annual Profit

8.6%

Cap Rate

7.4%

Cash on Cash

$43,873

Annual Revenue

BNBCalc predicts this property will get $182 per night with 66% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$45,414

Avg annual revenue

66%

Avg occupancy rate

$182

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

$15k

$60k

$100k

$150k

$5,285

Profit

Revenue

$43,873

Operating Expenses

$19,384

Operating Income

$24,490

Mortgage & Taxes

$19,205

Profit (Cash Flow)

$5,285

$71,731

Cash Investment

Down Payment

$56,940

Renos & Furnishing

$6,250

Closing Costs

$8,541

Total

$71,731

DSCR Ratio

Strong

1.28

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

7.36%

Cap Rate

8.6%

Return on Investment

23.17%

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

$13,512

Deductible property tax

$2,819

Your total deduction

$23,783

Your adjusted annual income

$150,000 - $23,783 = $126,217

Taxes on $126,217 (30%)

$37,865

Your old tax bill

$45,000

Your new tax bill

$37,865

Estimated tax savings

$7,135

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:

1980

Size:

708 sqft

Type:

CONDO

Parking:

Heating:

Electric, Heat Pump

Sold Comparables

Property Details

MLS Status: N/A

Property Use: CONDO

Stories: 2

Lot size: -

Building area: 708 sqft

Garage: No

Heating: Electric, heat pump

Pool: No

Fireplaces: 1

Basement: No

Cooling: Central Air

View: -

Parking: Off Street

Amenities: -

Price per square foot: $402

Lot Info

Zoning: -

Land Use: -

Parcel Number: 3540800173000

Flood Zone: Yes, Zone High risk: Special Flood Hazard Area (SFHA), high flood risk

Tax Info

Year Assessed: 2023

Assessed Value: $160,000

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $284,700

Schools

Middle School: Colleton County Middle with 2/10 star rating
High School: Colleton County High School with 2/10 star rating