BNBCalc Short Term Rental Investment Analysis 6253 Catalina Dr

3 bed • 2 bath • 6 guests • $295,000

BNB

Calc

Annual Revenue

$44,523

Profit (Cash Flow)

$5,155

Cap Rate

8.5%

Annual Revenue

$44,523

AirDNA projects $230/night at 53% occupancy ($44,523). Airbtics projects $182/night at 53% occupancy ($35,231). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 53% occupancy rate, $230 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$17,318	$31,508	$61,739	$89,605
Occupancy	36%	49%	72%	86%
Nightly Rate	$126	$160	$213	$263

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Willow Bend #1525	$29,685	$115	43%	3	2	1	$363	✅	❌	❌	Y / Y	⭐️ 5 (1)
Cozy 3 bedroom at Barefoot Resort & Golf ⛳️ 🌊 🏝	$68,235	$226	79%	3	2	3	$150	✅	✅	✅	Y / Y	⭐️ 4.8 (42)
Beautiful 3 Bedroom Condo in Barefoot Landing	$32,053	$124	57%	3	2	2	$226	✅	❌	❌	Y / Y	⭐️ 5 (36)
Willow Bend #1625	$27,187	$101	50%	3	2	1	$363	✅	❌	❌	Y / Y	⭐️ 0 (0)
Family & dog-friendly villa near beach \| 2 pools	$64,136	$268	65%	3	2	2	$220	✅	✅	✅	Y / Y	⭐️ 4.9 (13)
Lakefront at Barefoot Resort w Massive Waterfront	$84,093	$257	88%	3	2	1	$257	✅	✅	❌	Y / Y	⭐️ 4.5 (8)
1535 Willow Bend	$57,891	$170	83%	3	2	3	$261	✅	❌	❌	Y / Y	⭐️ 4 (3)
The Carolina Breeze	$58,560	$160	100%	3	2	3	$0	✅	❌	❌	Y / Y	⭐️ 5 (5)
Willow Bend #1221	$32,739	$116	46%	3	2	1	$363	✅	❌	❌	Y / Y	⭐️ 5 (2)
Barefoot Lakefront Condo W/Pool, Golf, near Beach	$21,218	$128	41%	3	2	2	$260	✅	✅	❌	Y / Y	⭐️ 5 (4)
Beautiful Lakefront Condo W/Pool, Golf, near Beach	$35,868	$200	49%	3	2	2	$0	✅	❌	❌	Y / Y	⭐️ 5 (9)
3BR with on-site pool, golf, & private balcony	$17,360	$153	31%	3	2	2	$0	✅	❌	❌	Y / Y	⭐️ 4.4 (5)

Return Metrics

6.75% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$5,155	$10,310	$15,466	$20,621	$25,777	$51,554	$154,663
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$236,000	$236,000	$236,000	$236,000	$236,000	$236,000	$236,000
Down Payment	$59,000	$59,000	$59,000	$59,000	$59,000	$59,000	$59,000
Property Appreciation	$8,850	$17,965	$27,354	$37,025	$46,985	$101,455	$421,042
Total Return	$309,005	$323,276	$337,820	$352,646	$367,763	$448,009	$870,705

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

6.75%

Cap Rate

8.49%

Return on Investment

22.13%

6253 Catalina Dr North Myrtle Beach, South Carolina, 29582-9561

3 bed • 2 bath • 6 guests

Purchase Price

Est. $1,415/mo

Inquire about this property

Contact Agent

$280,900

Zestimate

North Myrtle Beach

Guide

$44,523

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $230/night at 53% occupancy.Projected nightly rate is $182/night at 53% occupancy.

Occupancy Rate

Top 41% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

15 Airbnb Comparables

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

$39,844

Avg annual revenue

53%

Avg occupancy rate

$182

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

$35k

$60k

$85k

$5,155

Profit

Revenue

$44,523

Operating Expenses

$19,468

Operating Income

$25,055

Mortgage & Taxes

$19,900

Profit (Cash Flow)

$5,155

$76,350

Cash Investment

Down Payment

$59,000

Renos & Furnishing

$8,500

Closing Costs

$8,850

Total

$76,350

DSCR Ratio

Strong

1.26

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

6.75%

Cap Rate

8.49%

Return on Investment

22.13%

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

$14,001

Deductible property tax

$2,920

Your total deduction

$25,243

Your adjusted annual income

$150,000 - $25,243 = $124,757

Taxes on $124,757 (30%)

$37,427

Your old tax bill

$45,000

Your new tax bill

$37,427

Estimated tax savings

$7,573

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:

2011

Size:

1,044 sqft

Type:

CONDO

Parking:

Heating:

HOT WATER

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Year Built	Last Sale	Days on Market
	3	3	1,927	-	2011	$407,000	-
6253 Catalina Dr Unit 124	2	2	1,049	-	2006	$225,000	55
6253 Catalina Dr Unit 234	2	2	1,049	-	2006	$270,500	8
	2	2	1,049	-	2006	$277,000	90
6253 Catalina Dr Unit 222	2	2	1,049	-	2006	$242,500	39
6253 Catalina Dr Unit 1034	2	2	1,057	-	2008	$0	109
6203 Catalina Dr Unit 1722	2	2	1,050	-	2006	$230,000	6
6203 Catalina Dr Unit 413	2	2	1,050	-	2006	$270,000	64
6203 Catalina Dr Unit 614	2	2	1,050	-	2006	$279,900	40
6203 Catalina Dr Unit 1014	2	2	1,050	-	2006	$289,900	25

Property Details

MLS Status: property-details-mls-status-sold

Property Use: Condominium

Stories: 1

Lot size: -

Building area: 1,044 sqft

Garage: No

Heating: Hot water

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 390-00-00-1539

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $7,620

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: $127,000

Market Estimate: $277,737

Sale history

Date	Sale Price	% Financed	Buyer
11/16/22	$230,000	0%	Ronny Mitchell Stephens
05/06/16	$125,000	0%	Stephen O Harrison, Deborah A Harrison
12/07/12	$112,000	0%	Piermont,Gail P

Ownership

Name: Ronny Mitchell Stephens

Owner Occupied: No

Owner Mailing Address: 2151 Bridge View Ct Unit 1105, North Myrtle Beach, Sc 29582

Years Owned: 19

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Ocean Drive Elementary with 9/10 star rating
Middle School: North Myrtle Beach Middle School with 7/10 star rating
High School: North Myrtle Beach High School with 7/10 star rating