523 Folly Estates Dr Myrtle Beach, SC, 29588
3 bed β’ 2 bath β’ 9 guests
Est. $609/mo

This property is for sale!
Contact Agent
Airbnb Investor Score
$6,402
Annual Profit
11.8%
Cap Rate
17.0%
Cash on Cash
$32,930
Annual Revenue
This property is projected to be in the top 52% revenue percentile compared to similar properties nearby.
AirDNA projects $313/night at 52% occupancy ($59,447.11). Airbtics projects $161/night at 56% occupancy ($32,930).
Top 51% of comparables
Top 51% of comparables
Seasonality
Sign up to view the full seasonality chart
10
Airbnb Comparables
Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.
$32,914
Avg annual revenue
56%
Avg occupancy rate
$161
Avg nightly rate
Any type
House
Apartment
Any min stay
Weekly min
Monthly min
Revenue per year
$15k
$30k
$45k
$60k
Sign up to see the data on 10 all comparables
$6,402
Profit
Revenue
$32,930
Operating Expenses
$17,961
Operating Income
$14,969
Mortgage & Taxes
$8,567
Profit (Cash Flow)
$6,402
$37,710
Cash Investment
Down Payment
$25,400
Renos & Furnishing
$8,500
Closing Costs
$3,810
Total
$37,710
DSCR Ratio
Strong
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
16.97%
Cap Rate
11.78%
STR Tax Calculator (USA)
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
$6,028
Deductible property tax
$1,257
Your total deduction
$23,131
Your adjusted annual income
$150,000 - $23,131 = $126,869
Taxes on $126,869 (30%)
$38,061
Your old tax bill
$45,000
Your new tax bill
$38,061
Estimated tax savings
$6,939
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:
MOBILE
Parking:
-
Heating:
-
Sold Comparables
Property Details
- MLS Status: Active
- Property Use: MOBILE
- 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 0.2
Tax Info
- Year Assessed:
- Assessed Value: -
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -