BNBCalc Short Term Rental Investment Analysis 5905 South Kings Highway unit a, Myrtle Beach, SC

1 bed • 1 bath • 1 guests • $190,000

BNB

Calc

Annual Revenue

$51,631

Profit (Cash Flow)

$18,695

Cap Rate

16.4%

Annual Revenue

$51,631

AirDNA projects $155/night at 36% occupancy ($20,380). Airbtics projects $154/night at 61% occupancy ($34,311). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 76% occupancy rate, $186 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$20,556	$34,220	$53,559	$74,322
Occupancy	51%	65%	76%	80%
Nightly Rate	$106	$139	$186	$246

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Oceanfront Studio Sleeps 4 502	$23,792	$164	38%	1	1	2	$140	✅	✅	❌	N / Y	⭐️ 5 (6)
Cozy Oceanview 1bdrm Myrtle Beach Resort (MBO0333)	$35,883	$164	52%	1	1	1	$137	✅	✅	❌	Y / Y	⭐️ 4.7 (11)
Oceanfront condo-Amazing views, sauna, pool, & tub	$63,620	$242	70%	1	1	1	$135	✅	✅	❌	Y / Y	⭐️ 4.9 (101)
Direct OCEANFRONT Fully Remodeled End Unit	$66,680	$243	73%	1	1	3	$135	✅	✅	❌	Y / Y	⭐️ 5 (146)
Direct Oceanfront 4th Floor Amazing Views	$73,018	$242	80%	1	1	3	$135	✅	✅	❌	Y / Y	⭐️ 4.9 (119)
Myrtle Beach Resort Amenity-Rich Escape 4205	$24,685	$100	63%	1	1	2	$135	✅	✅	❌	Y / Y	⭐️ 5 (42)
Family friendly, gated community with 24 hr secur.	$20,421	$78	70%	1	1	3	$100	✅	✅	❌	Y / Y	⭐️ 5 (70)
Oceanfront Balcony Penthouse @ Myrtle Beach Resort	$32,474	$107	81%	1	1	2	$50	✅	✅	❌	Y / Y	⭐️ 5 (105)
Direct Oceanfront First Floor End Unit	$70,698	$243	76%	1	1	3	$135	✅	✅	❌	Y / Y	⭐️ 4.9 (92)
Myrtle Beach Resort B0102	$40,076	$137	79%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 5 (1)
Myrtle Beach Resort B0405	$39,546	$138	76%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 0 (0)
1BR Five Seasons resort condo with balcony	$12,423	$104	29%	1	1	2	$87	✅	✅	❌	Y / Y	⭐️ 4.7 (14)
Oceanfront King Suite In Myrtle Beach Resort	$13,821	$60	55%	1	1	1	$145	❌	❌	❌	N / N	⭐️ 4.8 (43)
Oceanfront condo-Pools, Lazy River, Saunas & Tubs	$65,303	$252	70%	1	1	1	$135	✅	✅	❌	Y / Y	⭐️ 5 (113)
Oceanfront condo-stunning views, pool, sauna & tub	$66,154	$247	72%	1	1	1	$135	✅	✅	❌	Y / Y	⭐️ 4.9 (91)
Myrtle Beach Resort B0231	$27,780	$128	56%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 5 (2)
Myrtle Beach Resort B0132	$27,414	$124	57%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 5 (1)
206B Oceanfront Condo @ Resort	$25,817	$134	48%	1	1	1	$95	✅	✅	❌	Y / Y	⭐️ 4.5 (16)
Myrtle Beach Resort Condo - Walk to Beach!	$49,614	$266	47%	1	1	2	$207	✅	✅	❌	N / N	⭐️ 5 (4)
Renovated 1 bed Condo-Myrtle Beach 4102	$78,968	$319	66%	1	1	1	$95	✅	✅	❌	N / Y	⭐️ 5 (2)
Diamond in the Sand	$40,348	$164	67%	1	1	3	$110	✅	✅	❌	Y / Y	⭐️ 4.8 (25)
Direct Oceanfront Trainqility	$74,311	$246	80%	1	1	3	$135	✅	✅	❌	Y / Y	⭐️ 5 (123)
Discover Serenity in this Oceanview Condo	$39,569	$138	72%	1	1	1	$173	✅	❌	❌	N / N	⭐️ 4.8 (15)
Myrtle Beach Resort FS6103	$33,906	$118	72%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 0 (1)
Myrtle Beach Resort A0207	$39,812	$139	76%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 0 (0)
MYR6 Myrtle Beach Resort lovely 1 bedroom + pool	$15,950	$76	52%	1	1	2	$99	✅	✅	❌	N / Y	⭐️ 4.3 (43)
Myrtle Beach Resort A0206	$29,421	$139	55%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 4.5 (2)
Myrtle Beach Resort A0201	$32,200	$135	64%	1	1	2	$192	✅	✅	❌	Y / N	⭐️ 3 (1)
Cozy 1BR @ Stunning Beach Resort w/ 2 Beds & Pools	$61,765	$198	80%	1	1	1	$165	✅	✅	❌	Y / N	⭐️ 5 (12)
1BR Oceanfront 2nd-Floor \| Balcony \| Pool	$17,655	$150	30%	1	1	2	$86	✅	✅	❌	Y / Y	⭐️ 4.2 (15)
Beautiful Ocean Front Condo A402 at The Myrtle Bea	$28,310	$90	82%	1	1	1	$169	✅	✅	❌	Y / Y	⭐️ 5 (17)
Awesome Oceanfront Condo w/ 55” TV	$49,494	$168	79%	1	1	5	$100	✅	✅	❌	Y / Y	⭐️ 5 (3)
Beautiful 9th floor studio @ Myrtle Beach Resort	$9,010	$60	33%	1	1	1	$145	❌	❌	❌	N / N	⭐️ 4.8 (7)
432B Oceanview Condo @ Resort	$31,956	$172	46%	1	1	1	$95	✅	✅	❌	N / N	⭐️ 4.5 (16)
𖦹𝕆ℙ𝔼ℕ𖦹 August Dates Now Availت Beach Resort 1bd・ᴥ・	$20,073	$90	55%	1	1	2	$155	✅	✅	❌	Y / Y	⭐️ 5 (11)
Oceanfront 6th floor studio @ Myrtle Beach Resort	$11,669	$59	46%	1	1	1	$145	❌	✅	❌	Y / Y	⭐️ 4.5 (4)
407B Oceanfront Condo @ Resort	$39,220	$182	54%	1	1	1	$95	✅	✅	❌	N / Y	⭐️ 4.2 (17)
Lovely oceanfront condo at the Myrtle Beach Resort	$49,212	$166	81%	1	1	7	$100	✅	✅	❌	N / N	⭐️ 5 (3)
Ocean Sky	$20,686	$154	35%	1	1	3	$110	✅	✅	❌	Y / N	⭐️ 4 (9)
Beachy oceanfront studio @ Myrtle Beach Resort	$9,065	$56	40%	1	1	1	$145	❌	✅	❌	Y / Y	⭐️ 4.7 (26)

Return Metrics

36.12% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$18,695	$37,390	$56,086	$74,781	$93,477	$186,954	$560,864
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,819	$3,752	$5,803	$7,981	$10,293	$24,177	$148,200
Down Payment	$41,800	$41,800	$41,800	$41,800	$41,800	$41,800	$41,800
Property Appreciation	$5,700	$11,571	$17,618	$23,846	$30,262	$65,344	$271,179
Total Return	$68,015	$94,514	$121,307	$148,409	$175,832	$318,276	$1,022,043

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

36.12%

Cap Rate

16.44%

Return on Investment

50.65%

5905 S Kings Hwy Myrtle Beach, South Carolina, 29575

1 bed • 1 bath • 1 guests

Purchase Price

Est. $911/mo

Inquire about this property

Contact Agent

Myrtle Beach

Guide

203

Airbnb Investor Score

$18,695

Annual Profit

16.4%

Cap Rate

36.1%

Cash on Cash

$51,631

Annual Revenue

BNBCalc predicts this property will get $154 per night with 61% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 26% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$37,795

Avg annual revenue

61%

Avg occupancy rate

$154

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

$10k

$30k

$55k

$80k

$18,695

Profit

Revenue

$51,631

Operating Expenses

$20,392

Operating Income

$31,239

Mortgage & Taxes

$12,543

Profit (Cash Flow)

$18,695

$51,750

Cash Investment

Down Payment

$41,800

Renos & Furnishing

$4,250

Closing Costs

$5,700

Total

$51,750

DSCR Ratio

Strong

2.49

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

36.12%

Cap Rate

16.44%

Return on Investment

50.65%

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

$8,792

Deductible property tax

$1,881

Your total deduction

$762

Your adjusted annual income

$150,000 - $762 = $149,238

Taxes on $149,238 (30%)

$44,771

Your old tax bill

$45,000

Your new tax bill

$44,771

Estimated tax savings

$229

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