BNBCalc Short Term Rental Investment Analysis 34 Waterway Island Dr, Isle Of Palms, SC 29451

6 bed • 7 bath • 18 guests • $10,876,450

BNB

Calc

Annual Revenue

$200,804

Profit (Cash Flow)

-$572,672

Cap Rate

1.5%

Annual Revenue

$200,804

AirDNA projects $958/night at 59% occupancy ($206,443). Airbtics projects $1,078/night at 51% occupancy ($200,803). Airbtics predicts this property will perform in the 51% revenue percentile

BNB Calc projects a 51% occupancy rate, $1,078 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$148,631	$159,497	$275,340	$318,785
Occupancy	39%	47%	52%	68%
Nightly Rate	$888	$1,008	$1,173	$1,539

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Beach Home! Ocean Views Elevator & Pool!	$147,275	$869	42%	6	6	1	$535	✅	❌	❌	Y / Y	⭐️ 4.9 (9)
4 51st Ave - Luxurious New Masterpiece-Oceanview Gorgeous Over the Top w/Pool, Hot tub, Beach Gear C	$288,766	$1,533	51%	6	6	2	$120	✅	✅	❌	Y / Y	⭐️ 4 (2)
Grand Pavilion 29- Wild Dunes Amenities!	$152,571	$1,097	38%	6	5	3	$0	✅	✅	❌	Y / Y	⭐️ 4.7 (7)
15 on 42nd Avenue - Sweetgrass	$166,330	$782	53%	6	6	3	$694	✅	❌	❌	Y / Y	⭐️ 4.6 (26)
4 46th Ave - Beach Me! Location, Location, Ocean Views, Second Row! w/Large Pool. $250 Beach Gear Cr	$133,118	$983	37%	7	6	2	$0	✅	✅	❌	Y / Y	⭐️ 5 (5)
2 55th Ave - Spacious Coastal Home with Private Pool - Sleeps 22, Book Now! $250 Vayk Gear Credit!	$235,064	$1,594	38%	10	7	3	$895	✅	❌	❌	Y / Y	⭐️ 5 (6)
Oceanfront Views, Community Pool, Great Resort Location!	$312,722	$1,199	66%	6	6	3	$694	✅	❌	❌	Y / Y	⭐️ 5 (8)
Grand Pavilion 31 - Wild Dunes Amenities!	$152,665	$948	44%	6	5	3	$0	✅	❌	❌	Y / Y	⭐️ 4 (4)
Derby by AvantStay \| Home w/ Beach Access + Views	$373,359	$1,034	92%	6	4	1	$519	❌	❌	✅	Y / Y	⭐️ 4.8 (28)
Wonderful Large Home, a Short Walk to the Beach!	$147,318	$746	52%	7	5	1	$355	❌	❌	❌	Y / Y	⭐️ 4 (1)

Return Metrics

-22.74% 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)	-$572,671	-$1,145,343	-$1,718,015	-$2,290,686	-$2,863,358	-$5,726,717	-$17,180,151
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$8,701,160	$8,701,160	$8,701,160	$8,701,160	$8,701,160	$8,701,160	$8,701,160
Down Payment	$2,175,290	$2,175,290	$2,175,290	$2,175,290	$2,175,290	$2,175,290	$2,175,290
Property Appreciation	$326,293	$662,375	$1,008,540	$1,365,090	$1,732,336	$3,740,589	$15,523,548
Total Return	$10,630,071	$10,393,482	$10,166,975	$9,950,853	$9,745,427	$8,890,322	$9,219,847

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-22.74%

Cap Rate

1.48%

Return on Investment

-5.54%

34 Waterway Island Dr Isle Of Palms, SC, 29451

6 bed • 7 bath • 18 guests

Purchase Price

Est. $52,168/mo

This property is for sale!

Contact Agent

-91

Airbnb Investor Score

-$572,671

Annual Profit

1.5%

Cap Rate

-22.7%

Cash on Cash

$200,804

Annual Revenue

BNBCalc predicts this property will get $1,078 per night with 51% occupancy, putting it in the top 51% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 31% of comparables

Seasonality

10 Airbnb Comparables

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

$210,918

Avg annual revenue

51%

Avg occupancy rate

$1,078

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

$130k

$210k

$290k

$375k

-$572,672

Profit

Revenue

$200,804

Operating Expenses

$39,785

Operating Income

$161,019

Mortgage & Taxes

$733,691

Profit (Cash Flow)

-$572,672

$2,517,334

Cash Investment

Down Payment

$2,175,290

Renos & Furnishing

$15,750

Closing Costs

$326,294

Total

$2,517,334

DSCR Ratio

Weak

0.22

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-22.74%

Cap Rate

1.48%

Return on Investment

-5.54%

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

$516,208

Deductible property tax

$107,677

Your total deduction

$1,652,356

Your adjusted annual income

$150,000 - $1,652,356 = -$1,502,356

Taxes on -$1,502,356 (30%)

-$450,707

Your old tax bill

$45,000

Your new tax bill

-$450,707

Estimated tax savings

$495,707

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:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -