BNBCalc Short Term Rental Investment Analysis 5900 North Ocean Boulevard, Myrtle Beach, SC

10 bed • 10 bath • 20 guests • $2,500,000

BNB

Calc

Annual Revenue

$297,184

Profit (Cash Flow)

$76,228

Cap Rate

9.8%

Annual Revenue

$297,184

Airbtics projects $912/night at 58% occupancy ($193,199). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 71% occupancy rate, $1,146 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$123,023	$175,283	$304,969	$421,007
Occupancy	45%	59%	71%	81%
Nightly Rate	$739	$802	$1,146	$1,386

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Oceanfront home pet friendly directly on ocean	$138,865	$527	67%	9	6	1	$525	❌	❌	✅	Y / Y	⭐️ 4.5 (8)
Large 9-bedroom oceanfront home w/fantastic pool	$240,927	$1,167	54%	9	5	1	$447	✅	❌	❌	Y / Y	⭐️ 4 (3)
The Events house by the Beach	$182,564	$647	72%	10	6	4	$1,079	✅	❌	✅	Y / Y	⭐️ 4.5 (25)
Vacation in luxury this boulevard home w/priv pool	$276,018	$1,079	68%	10	6	1	$478	✅	❌	❌	Y / Y	⭐️ 0 (2)
MyPlace •10 Bdrm•Slps 20•Family•2nd Row•Golf•Beach	$64,603	$415	41%	10	4.5	3	$525	✅	❌	❌	Y / Y	⭐️ 4.5 (6)
Atlantic Chill \| 9 Bedroom, 5 Bathroom Beach House	$85,987	$439	53%	9	5	3	$820	✅	❌	❌	Y / Y	⭐️ 5 (17)
Beach House w/ Pool Blocks from the Ocean	$141,319	$745	51%	9	8	2	$625	✅	❌	❌	Y / Y	⭐️ 0 (1)
Ocean Breeze 2C / 2D	$150,734	$797	51%	10	10	1	$655	❌	❌	❌	Y / Y	⭐️ 3.8 (10)
Footprints On The Sand: Oceanfront, Pool & Tiki Ba	$182,090	$738	66%	9	8.5	1	$1,445	✅	✅	❌	Y / Y	⭐️ 5 (5)
Isle of the Palms	$139,244	$758	42%	9	6	1	$949	❌	❌	✅	Y / Y	⭐️ 0 (0)
Ocean Breeze Luxury Villas 2C/2D 10BR, 10 Baths!	$132,360	$808	44%	10	11	1	$655	✅	❌	❌	N / N	⭐️ 3.5 (4)
Omega: Luxurious Oceanfront In Gated Community	$302,704	$1,001	82%	10	11	1	$671	✅	✅	❌	Y / Y	⭐️ 0 (1)
As Good As It Gets: Luxury Retreat w/ Game Room, S	$234,499	$791	81%	9	10	1	$1,300	✅	✅	❌	Y / Y	⭐️ 5 (6)
Ocean Whisper: Oceanfront, 10BR, Hot Tub, Newly Re	$142,216	$793	49%	10	6	1	$0	❌	✅	❌	Y / Y	⭐️ 5 (7)
Pineapple Palace, Lux-OF-Beach House-Pool-Hot Tub	$450,422	$1,431	86%	10	8.5	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)
Cherry Grove Oceanfront Heated POOL Pets sleeps 32	$275,475	$1,172	64%	9	8	2	$475	✅	✅	✅	Y / Y	⭐️ 5 (8)
The Jamestown - Oceanfront w/Pool & Game Room!	$429,549	$1,653	71%	9	10	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)
The Carlisle - Luxury OF House w/ Pool & Hot Tub	$347,240	$1,157	82%	9	10	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)
OceanFront Cherry Grove/Sleeps 32 w/ pool &hottub	$159,014	$1,114	39%	9	8	1	$0	✅	✅	✅	Y / Y	⭐️ 0 (1)
Y’all Have Fun - Oceanfront - Private Pool - Hot T	$381,885	$1,410	74%	10	12	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)

Return Metrics

12.71% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$76,228	$152,456	$228,684	$304,913	$381,141	$762,283	$2,286,849
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,000,000	$2,000,000	$2,000,000	$2,000,000	$2,000,000	$2,000,000	$2,000,000
Down Payment	$500,000	$500,000	$500,000	$500,000	$500,000	$500,000	$500,000
Property Appreciation	$75,000	$152,250	$231,817	$313,772	$398,185	$859,790	$3,568,156
Total Return	$2,651,228	$2,804,706	$2,960,502	$3,118,685	$3,279,326	$4,122,074	$8,355,006

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

12.71%

Cap Rate

9.79%

Return on Investment

29.32%

5900 N Ocean Blvd Myrtle Beach, South Carolina, 29577

10 bed • 10 bath • 20 guests

Purchase Price

Est. $11,991/mo

Inquire about this property

Contact Agent

Myrtle Beach

Guide

Airbnb Investor Score

$76,228

Annual Profit

9.8%

Cap Rate

12.7%

Cash on Cash

$297,184

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $912/night at 58% occupancy.

Occupancy Rate

Top 28% of comparables

Avg Daily Rate

Top 24% of comparables

Seasonality

22 Airbnb Comparables

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

$207,711

Avg annual revenue

58%

Avg occupancy rate

$912

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

$55k

$185k

$315k

$450k

$76,228

Profit

Revenue

$297,184

Operating Expenses

$52,314

Operating Income

$244,870

Mortgage & Taxes

$168,642

Profit (Cash Flow)

$76,228

$599,500

Cash Investment

Down Payment

$500,000

Renos & Furnishing

$24,500

Closing Costs

$75,000

Total

$599,500

DSCR Ratio

Strong

1.45

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

12.71%

Cap Rate

9.79%

Return on Investment

29.32%

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

$118,653

Deductible property tax

$24,750

Your total deduction

$174,823

Your adjusted annual income

$150,000 - $174,823 = -$24,823

Taxes on -$24,823 (30%)

-$7,447

Your old tax bill

$45,000

Your new tax bill

-$7,447

Estimated tax savings

$52,447

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com