BNBCalc Short Term Rental Rental Arbitrage Analysis 613 2nd Ave S, North Myrtle Beach, SC, 29582

2 bed • 2 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$27,539

Profit (Cash Flow)

-$12,041

Cash on Cash Return

-182.4%

Annual Revenue

$27,539

AirDNA projects $176/night at 62% occupancy ($39,855). Airbtics projects $130/night at 58% occupancy ($27,539). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 58% occupancy rate, $130 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$18,996	$26,435	$41,911	$54,995
Occupancy	49%	56%	68%	78%
Nightly Rate	$100	$118	$155	$178

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
1 Mi to Beach: Pet-Friendly Grand Strand Townhome	$23,179	$81	68%	2	2	2	$181	❌	❌	✅	Y / Y	⭐️ 4.5 (13)
I-2 2nd Floor Oceanfront with King Bed Suite	$23,660	$112	49%	2	2	1	$198	✅	❌	❌	Y / Y	⭐️ 5 (108)
North MB Gorgeous 2 BD across from the beach	$22,776	$97	62%	2	1	2	$109	❌	❌	✅	Y / Y	⭐️ 4.5 (21)
North Myrtle Beach Condo - 2 bedrooms	$29,765	$178	38%	2	2	2	$135	✅	❌	❌	Y / Y	⭐️ 5 (79)
Block to Beach & MainSt, Pool View, Balcony, Quiet	$24,826	$134	50%	2	2	2	$150	✅	❌	❌	Y / Y	⭐️ 5 (30)
JesSeas Beach Getaway - 2nd row off the BEACH!	$33,103	$201	39%	2	2	4	$155	✅	❌	❌	Y / Y	⭐️ 5 (4)
Coastal Paradise - 2BR at Wyndham Ocean Boulevard	$35,209	$185	52%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 5 (16)
Coastal Paradise - 2BR at Wyndham Ocean Boulevard	$33,204	$162	56%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (11)
Pet Friendly 2BD Beach Cottage-Walk 2 Main Street	$42,855	$151	71%	2	2	2	$220	✅	❌	✅	Y / Y	⭐️ 5 (22)
E2 - 2nd Floor Oceanfront with King Bed Suite	$31,370	$112	67%	2	2	1	$198	✅	❌	❌	Y / Y	⭐️ 5 (170)
Oceanfront updated clean condo in Ashworth in OD	$32,964	$152	57%	2	2	4	$250	✅	✅	❌	Y / Y	⭐️ 5 (36)
Tequila Sunrise - 2BR Oceanfront	$40,097	$116	89%	2	2	1	$128	✅	❌	❌	Y / Y	⭐️ 5 (22)
C3 - Oceanfront Condo - Relaxing and Amazing Views	$24,989	$121	49%	2	2	1	$205	✅	❌	❌	Y / Y	⭐️ 4.5 (309)
J1 - Renovated Oceanfront Condo 1st Floor Unit	$32,854	$125	63%	2	2	1	$201	✅	❌	❌	Y / Y	⭐️ 5 (93)
Pet-Friendly, Steps to the Beach:Seahorse Ranch #2	$21,890	$88	65%	2	1	2	$119	❌	❌	✅	Y / Y	⭐️ 4.5 (89)
North Myrtle Beach - Penthouse w/ Elevator	$37,343	$173	55%	2	2	2	$125	✅	✅	❌	Y / Y	⭐️ 5 (24)
Charming family condo w/screened porch & pool	$57,967	$284	49%	2	2	1	$241	✅	❌	❌	Y / Y	⭐️ 3 (1)
Coastal Paradise - 2BR at Wyndham Ocean Boulevard	$31,919	$171	51%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 5 (13)
Pirate’s Lost Treasure-One block from beach!	$17,416	$80	57%	2	1	1	$120	✅	❌	❌	Y / Y	⭐️ 5 (62)
Pet Friendly Condo-Steps 2 Beach-2BD Condo	$23,165	$110	52%	2	2	1	$220	✅	❌	✅	Y / Y	⭐️ 4.5 (28)
Big Dog FrndlyOutdoor Shower*1 blk to Beach	$24,446	$108	52%	2	1	2	$215	❌	❌	✅	Y / Y	⭐️ 5 (35)
Coastal Paradise - 2BR at Wyndham Ocean Boulevard	$25,759	$153	46%	2	2	1	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (7)
Beautiful Condo less than 100 steps from the Ocean	$27,797	$111	66%	2	2	2	$165	✅	❌	✅	Y / Y	⭐️ 5 (50)
North MB Cozy 2 BD across from the beach	$24,106	$89	70%	2	2	2	$109	❌	❌	✅	Y / Y	⭐️ 4 (15)
Jose's flooring unit, 2BR/1BA, steps to the beach.	$15,678	$74	52%	2	1	3	$110	❌	❌	❌	Y / Y	⭐️ 5 (39)
"Ocean and Sand" 2/2 House, 1 block to the beach!	$19,050	$79	58%	2	2	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (68)
Ocean Blvd., Myrtle Beach 2 bdrm	$27,997	$166	43%	2	2	2	$139	✅	✅	❌	Y / N	⭐️ 5 (6)
The Bell Anchor: Full condo~Pool~Steps to ocean	$35,659	$117	79%	2	2	5	$100	✅	❌	✅	Y / Y	⭐️ 5 (39)
G1 - 1st Floor Oceanfront with King Bed Suite	$26,330	$118	53%	2	2	1	$198	✅	❌	❌	Y / Y	⭐️ 5 (244)
B1 - 1st Floor Oceanfront with King Bed Suite	$21,900	$116	45%	2	2	1	$198	✅	❌	❌	Y / Y	⭐️ 4.5 (180)
Chateau By the Sea Unit D2 - Oceanfront	$52,761	$169	80%	2	2	2	$200	✅	❌	❌	Y / Y	⭐️ 5 (131)
Vacation awaits at the Beach! Come relax & enjoy!	$22,280	$129	42%	2	2	2	$150	✅	✅	❌	Y / Y	⭐️ 5 (28)
Pet-Friendly, Steps to the Beach:Seahorse Ranch #1	$30,993	$93	88%	2	1	2	$119	❌	❌	✅	Y / Y	⭐️ 4.5 (125)
Quaint Condo located in quiet subdivision	$43,399	$148	78%	2	2.5	183	$50	❌	❌	❌	Y / Y	⭐️ 5 (41)
Chateau By the Sea Unit H2 - Oceanfront	$38,856	$135	72%	2	2	2	$199	✅	❌	❌	Y / Y	⭐️ 5 (20)
Big dog friendlyOutdr Shower1 blk to beach	$32,962	$119	67%	2	1.5	2	$215	❌	❌	✅	Y / Y	⭐️ 5 (43)
Cabana Beach #3 Condo Steps from the Beach	$24,795	$90	72%	2	1	2	$109	❌	❌	✅	Y / Y	⭐️ 5 (31)
Cabana Beach #4 Condo Steps from the Beach	$27,122	$92	77%	2	1	2	$109	❌	❌	✅	Y / Y	⭐️ 5 (41)

Return Metrics

-182.43% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$12,040	-$24,081	-$36,122	-$48,162	-$60,203	-$120,407	-$361,221
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$0	$0	$0	$0	$0	$0	$0
Total Return	-$12,040	-$24,081	-$36,122	-$48,162	-$60,203	-$120,407	-$361,221

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-182.43%

Payback Period Days

Return on Investment

-182.43%

613 2nd Ave S North Myrtle Beach, South Carolina, 29582

2 bed • 2 bath • 4 guests

Monthly Rent

Inquire about this property

Contact Agent

North Myrtle Beach

Guide

$27,539

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $176/night at 62% occupancy.Projected nightly rate is $130/night at 58% occupancy.

Occupancy Rate

Top 44% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

40 Airbnb Comparables

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

$29,620

Avg annual revenue

58%

Avg occupancy rate

$130

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

$25k

$40k

$60k

-$12,041

Profit

Revenue

$27,539

Operating Expenses

$15,580

Operating Income

$11,959

Net Effective Rent

$24,000

Profit (Cash Flow)

-$12,041

$6,600

Cash Investment

Renos & Furnishing

$6,500

Setup Costs

$100

Total

$6,600

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-182.43%

Payback Period Days