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BNBCalc Short Term Rental Investment Analysis 5900 N Ocean Blvd

5 bed • 1 bath • 15 guests • $67,000

BNB

Calc

Annual Revenue

$79,550

Profit (Cash Flow)

$51,009

Cap Rate

82.9%

Annual Revenue

$79,550

AirDNA projects $396/night at 55% occupancy ($79,550). Airbtics projects $422/night at 63% occupancy ($97,103). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 55.00000000000001% occupancy rate, $396 rate per night.

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

Percentiles25%50%75%90%
Revenue$38,053$77,343$158,963$258,640
Occupancy50%64%73%82%
Nightly Rate$200$319$578$837

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
6BR Cherry Grove Beach home with loads of fun
$216,173
$1,106
50%
661$475✅❌❌Y / Y⭐️ 4.9 (38)
Wait & Sea - NEW Channel Home on the water: Newly Renovated 2023! Boat Ramp
$44,740
$300
40%
431$205❌❌❌Y / Y⭐️ 4.6 (14)
5BR Tropical Oasis w/ Heated Pool | Hem's Hideout
$51,959
$214
56%
531$425✅❌✅Y / Y⭐️ 4.9 (52)
Callahan's Castle | 5BR Beach House w/ Heated Pool
$63,112
$212
71%
531$400✅❌✅Y / Y⭐️ 4.9 (92)
Charlie's Beach Retreat | Fun 4BR w/ Heated Pool
$56,518
$197
69%
421$375✅❌✅Y / Y⭐️ 4.8 (62)
Seaside Vibe★ Hot Tub★ Private Dock★ Dog Friendly
$65,806
$264
65%
423$250❌✅✅Y / Y⭐️ 4.9 (114)
Creek front home! The Nest Leatherback Lodge!
$84,180
$310
73%
643$270❌❌✅Y / Y⭐️ 5 (93)
Lazy Days in Cherry Grove!
$55,801
$185
79%
422$385❌❌✅Y / Y⭐️ 4.3 (28)
Phenomenal Beachfront Penthouse
$73,580
$516
38%
434$225✅✅❌Y / Y⭐️ 4.7 (26)
Large Pool, DOGS welcome, Cherry Grove Beach!
$42,794
$182
62%
432$171✅❌✅Y / Y⭐️ 4.8 (40)
Luxury Oceanfront 4Bedroom 3Bth-Heated Indoor Pool
$74,562
$313
64%
432$285✅✅❌Y / Y⭐️ 5 (67)
Cherry Grove Waterfront *Channel Vibe
$59,965
$326
48%
533$350❌✅✅Y / Y⭐️ 5 (37)
The Salty Mermaid
$155,318
$556
76%
632$600✅❌✅Y / Y⭐️ 4.5 (27)
Watts At Last, Cherry Grove Channel Home
$43,402
$202
51%
441$182❌❌❌Y / Y⭐️ 5 (2)
O-Sea-D | Second-row Beach House | Private Heated
$58,559
$268
57%
533$550✅❌✅Y / Y⭐️ 5 (1)
Private Heated Pool|Pet Friendly|Golf Cart
$225,089
$833
73%
432$300✅❌✅Y / Y⭐️ 5 (60)
Latitude! 100 yds to Beach Access.
$138,790
$428
88%
423$194❌❌❌Y / Y⭐️ 5 (104)
Large pool, Dog Friendly, Cherry Grove Beach!
$40,264
$183
57%
437$171✅❌✅Y / Y⭐️ 4.7 (39)
Roomy family home w/private pool, sundeck, yard
$125,296
$873
35%
651$360✅❌❌Y / Y⭐️ 4.5 (7)
Spacious 6 bedroom home w/priv pool and game room
$159,013
$692
59%
651$360✅❌❌Y / Y⭐️ 4.2 (7)
SaltyStarfish | Beach-2minWalk | HeatedPool*| Golf
$187,214
$1,017
50%
442$410✅❌✅Y / Y⭐️ 5 (55)
Channel-front & pet-friendly home close to beach
$110,200
$449
63%
421$303❌❌✅Y / Y⭐️ 3.5 (4)
Fish On - Channel Home Steps To The Beach
$36,666
$176
50%
424$289❌❌❌Y / Y⭐️ 5 (1)
Ocean Front- Penthouse- 4BR-3Bath "Turtle's Pace"
$27,976
$156
49%
437$472✅✅❌Y / Y⭐️ 5 (18)
Penthouse oceanfront condo w/pools, lazy river, +
$184,286
$620
79%
431$303✅❌❌Y / Y⭐️ 5 (3)
Channel Your Inner Beach, Channel House
$65,589
$352
44%
421$257✅❌❌Y / Y⭐️ 5 (1)
Charming oceanfront resort w/pools galore
$120,467
$386
83%
431$303✅❌❌Y / Y⭐️ 5 (4)
Channel home saltwater pool, porches-fish, swim
$175,047
$672
69%
431$303✅❌❌Y / Y⭐️ 3 (1)
Stunning duplex walk to the beach + pool (2)
$53,142
$190
70%
672$399✅❌✅Y / Y⭐️ 5 (27)
Someday Finally Came. Beautiful channel home
$225,648
$595
100%
434$300❌✅✅Y / Y⭐️ 5 (16)
Elegant chic channel home w/deck, floating dock
$146,759
$573
67%
431$303❌❌❌Y / Y⭐️ 4.5 (6)
Decked Out Ocean Inlet House Private Pool Tiki Hut
$154,377
$617
68%
421$467✅❌❌Y / Y⭐️ 3.6 (11)
Stunning duplex walk to the beach + Pool (1)
$52,206
$184
68%
672$399✅❌✅Y / Y⭐️ 4.9 (23)
Collins Cabana Channel Home Oct-Nov Avail
$52,605
$285
49%
423$200❌❌❌Y / Y⭐️ 4.8 (36)
House 1 Block to the beach - Sunset Surf
$33,436
$164
48%
424$289❌❌❌Y / Y⭐️ 4.3 (9)
Charming 5BR Beach House w/ Fire Pit | Great Views
$52,088
$191
66%
541$425❌❌✅Y / Y⭐️ 4 (6)
6 BR's on water w/ bar, game area, fire pit
$95,518
$556
46%
633$320❌❌❌Y / Y⭐️ 4.9 (49)
Gorgeous blvd home, pet-friendly w/private pool
$141,804
$457
82%
531$323✅❌✅Y / Y⭐️ 4.5 (3)
Aw Shucks - Pet Friendly*Oceanfront*Pool
$273,657
$894
82%
421$257✅❌✅Y / Y⭐️ 5 (1)
Peggy Ann Beach House
$75,762
$207
100%
427$0❌❌❌Y / Y⭐️ 0 (0)

Return Metrics

184.41% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$51,009$102,018$153,027$204,036$255,045$510,090$1,530,270
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$658$1,357$2,098$2,886$3,722$8,744$53,600
Down Payment$13,400$13,400$13,400$13,400$13,400$13,400$13,400
Property Appreciation$2,010$4,080$6,212$8,409$10,671$23,042$95,626
Total Return$67,077$120,855$174,738$228,731$282,839$555,277$1,692,897

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

184.41%

Cap Rate

82.87%

Return on Investment

194.06%

property-location

5900 N Ocean Blvd North Myrtle Beach, South Carolina, 29582

5 bed • 1 bath • 15 guests

Est. $321/mo

Agent

This property is for sale!

Contact Agent

North Myrtle Beach

Guide

Guide

1197

Airbnb Investor Score

$51,009

Annual Profit

82.9%

Cap Rate

184.4%

Cash on Cash

$79,550

Annual Revenue

BNBCalc predicts this property will get $422 per night with 63% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Top 66% of comparables

Top 44% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$102,484

Avg annual revenue

63%

Avg occupancy rate

$422

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

$25k

$105k

$190k

$275k

Sign up to see the data on 40 all comparables

$51,009

Profit

Revenue

$79,550

Operating Expenses

$24,022

Operating Income

$55,529

Mortgage & Taxes

$4,520

Profit (Cash Flow)

$51,009

$27,660

Cash Investment

Down Payment

$13,400

Renos & Furnishing

$12,250

Closing Costs

$2,010

Total

$27,660

DSCR Ratio

Strong

12.29

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

184.41%

Cap Rate

82.87%

Profit (Cummulative)

$51,009

$658

$12,250

$2,010

$0

Total Gain

$53,677

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

$3,180

Deductible property tax

$663

Your total deduction

-$42,681

Your adjusted annual income

$150,000 - -$42,681 = $192,681


Taxes on $192,681 (30%)

$57,804

Your old tax bill

$45,000

Your new tax bill

$57,804


Estimated tax savings

-$12,804

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:

1960

Size:

519 sqft

Type:

CONDO

Parking:

-

Heating:

-

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
6900 N Ocean Blvd11505-01960$140,000-
6900 N Ocean Blvd11627-01960$240,000-
6900 N Ocean Blvd11519-01960$0-
6900 N Ocean Blvd11507-01960$100,000-
6900 N Ocean Blvd11519-01960$0810
6900 N Ocean Blvd11507-01960$110,100-
6900 N Ocean Blvd11350-01960$160,000-
6900 N Ocean Blvd11625-01960$138,5002
6900 N Ocean Blvd11519-01960$0-
6900 N Ocean Blvd11398-01960$208,000-

Property Details

  • MLS Status: Active
  • Property Use: Condominium Unit (Residential)
  • Stories: 1
  • Lot size: -
  • Building area: 519 sqft
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: Residential
  • Parcel Number: 421-05-03-0413
  • Flood Zone: Yes, Zone 0.2

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $7,035
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: $67,000
  • Market Estimate: -


Sale history

DateSale Price% FinancedBuyer
04/13/21$85,000100%Simmons Jayne C Tr, Cne Trust
04/15/16$71,500100%Tonya G Golden
04/13/14$71,000100%Rafael Studart Marangoni
04/27/06$175,900100%Stephen A Walter, Gay S Walter

Ownership

  • Name: Simmons Jayne C Tr
  • Owner Occupied: No
  • Owner Mailing Address: 217 Sugar House Ridge Rd, Morrisville, VT 05661
  • Years Owned: 44
  • Home Equity: -
  • Mortgage Balance Remaining: $0
  • Financed amount: 100%
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: No