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Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

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Manage this property for the owner


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BNBCalc Short Term Rental Investment Analysis 523 Folly Estates Dr, Myrtle Beach, SC 29588

3 bed β€’ 2 bath β€’ 9 guests β€’ $127,000

BNB

Calc

Annual Revenue

$32,930

Profit (Cash Flow)

$6,402

Cap Rate

11.8%

Annual Revenue

$32,930

AirDNA projects $313/night at 52% occupancy ($59,447). Airbtics projects $161/night at 56% occupancy ($32,930). Airbtics predicts this property will perform in the 52% revenue percentile

BNB Calc projects a 56% occupancy rate, $161 rate per night.

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

Percentiles25%50%75%90%
Revenue$24,099$30,951$40,614$48,262
Occupancy41%58%70%90%
Nightly Rate$137$165$182$206

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
3-Bedroom Family Home - Pet Friendly

No image available

$43,151
$131
90%
322$0βŒβŒβœ…Y / Y⭐️ 4.8 (54)
Spacious Family Friendly Home 15 min. to Boardwalk

No image available

$33,006
$167
54%
323$0βŒβŒβœ…Y / Y⭐️ 4.6 (32)
Bright, airy, 3-BR, on golf course sleeps up to 6

No image available

$29,554
$85
95%
323$0βœ…βŒβŒY / Y⭐️ 5 (229)
The Oasis w/3br/Wi-Fi/15 Minutes from the beach

No image available

$32,348
$119
68%
321$150❌❌❌Y / Y⭐️ 4.8 (28)
Comfy Beach Getaway

No image available

$61,067
$235
71%
323$0βŒβŒβœ…Y / Y⭐️ 5 (6)
Comfy 3BR Hidden Gem in a perfect quiet location.

No image available

$26,167
$164
43%
321$175❌❌❌Y / Y⭐️ 4.8 (31)
Beautiful three bedroom house!

No image available

$23,410
$156
41%
323$0βŒβŒβœ…Y / Y⭐️ 5 (11)
Stay on IntraCoastal Waterway/ Golf/Pet/Beach/Pool

No image available

$46,840
$187
63%
323$150βœ…βœ…βœ…Y / Y⭐️ 4.8 (21)

Return Metrics

16.97% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$6,402$12,804$19,207$25,609$32,012$64,024$192,072
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$101,600$101,600$101,600$101,600$101,600$101,600$101,600
Down Payment$25,400$25,400$25,400$25,400$25,400$25,400$25,400
Property Appreciation$3,810$7,734$11,776$15,939$20,227$43,677$181,262
Total Return$137,212$147,539$157,983$168,549$179,239$234,701$500,335

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

16.97%

Cap Rate

11.78%

Return on Investment

30.39%

property-location

523 Folly Estates Dr Myrtle Beach, SC, 29588

3 bed β€’ 2 bath β€’ 9 guests

Est. $609/mo

Agent

This property is for sale!

Contact Agent

109

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

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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


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

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

1.75

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%

Profit (Cummulative)

$6,402

$101,600

$8,500

$3,810

$0

Total Gain

$11,460

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

$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: -