Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 7000 N Ocean Blvd 430, Myrtle Beach, SC, 29572

1 bed • 1 bath • 3 guests • $132,900

BNB

Calc

Annual Revenue

$20,161

Profit (Cash Flow)

-$5,105

Cap Rate

2.9%

Annual Revenue

$20,161

AirDNA projects $149/night at 55% occupancy ($29,931). Airbtics projects $80/night at 69% occupancy ($20,161). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 69% occupancy rate, $80 rate per night.

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

Percentiles25%50%75%90%
Revenue$12,587$21,249$30,168$43,534
Occupancy62%71%79%87%
Nightly Rate$48$73$95$125

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
$13,801
$48
64%
111$85❌✅❌N / Y⭐️ 4.5 (25)
$21,059
$97
45%
112$137✅✅❌Y / Y⭐️ 4.5 (10)
$17,328
$86
49%
111$95✅❌❌N / Y⭐️ 4.5 (14)
$10,807
$27
79%
111$120✅✅❌N / Y⭐️ 4.5 (66)
$21,032
$101
52%
111$95✅✅❌N / Y⭐️ 4 (27)
$22,653
$73
80%
111$85❌✅❌N / Y⭐️ 4.5 (19)
$18,843
$104
45%
111$95✅✅❌N / Y⭐️ 4.5 (27)
$15,132
$42
82%
111$120✅✅❌N / Y⭐️ 4.5 (33)
$58,353
$159
97%
114$100✅✅❌N / Y⭐️ 5 (37)
$9,162
$27
66%
111$120✅✅❌Y / Y⭐️ 4.5 (24)
$39,960
$118
87%
111$85✅✅❌N / Y⭐️ 5 (49)
$16,728
$50
81%
111$95❌✅❌N / Y⭐️ 4.5 (21)
$22,011
$84
63%
111$85✅✅❌N / Y⭐️ 5 (31)
$48,763
$257
46%
121$137✅✅❌Y / Y⭐️ 5 (8)
$25,256
$67
95%
111$85❌✅❌N / Y⭐️ 5 (41)
$17,125
$54
75%
111$85❌❌❌N / Y⭐️ 4.5 (23)
$12,036
$32
71%
111$120✅✅❌N / Y⭐️ 4.7 (39)
$15,246
$44
73%
111$120✅✅❌N / Y⭐️ 4.5 (89)
$21,512
$57
91%
111$120✅✅❌N / Y⭐️ 5 (71)
$25,029
$86
73%
111$85✅❌❌N / N⭐️ 5 (8)
$22,869
$84
66%
111$85✅✅❌N / N⭐️ 5 (22)
$19,700
$73
68%
112$95✅✅❌N / Y⭐️ 5 (221)
$16,380
$58
71%
111$130✅✅❌Y / Y⭐️ 4.5 (85)
$24,940
$95
71%
112$50✅✅❌Y / Y⭐️ 5 (199)
$56,232
$188
81%
113$99✅✅❌Y / Y⭐️ 5 (122)
$13,798
$43
63%
111$120✅✅❌N / N⭐️ 4.5 (58)
$26,360
$92
76%
113$109✅✅❌Y / Y⭐️ 5 (87)
$20,640
$80
59%
111$150✅✅❌N / Y⭐️ 5 (28)
$19,680
$72
72%
115$99✅✅❌Y / Y⭐️ 4.5 (98)
$24,317
$99
55%
112$112✅✅❌Y / Y⭐️ 4.5 (16)
$13,404
$36
79%
111$120✅✅❌Y / Y⭐️ 4.5 (103)
$13,815
$53
59%
111$95✅✅❌N / Y⭐️ 4.5 (24)
$9,091
$50
40%
112$110✅✅❌Y / Y⭐️ 5 (179)
$26,820
$85
80%
111$95✅❌❌N / N⭐️ 4 (7)
$43,082
$183
64%
113$99✅✅❌Y / Y⭐️ 5 (151)
$34,354
$122
75%
113$99✅✅❌Y / Y⭐️ 4.7 (155)
$12,505
$37
74%
111$120✅✅❌N / Y⭐️ 4.5 (33)
$10,651
$49
47%
112$120✅✅❌Y / Y⭐️ 4.5 (171)
$14,214
$34
87%
111$120✅✅❌N / Y⭐️ 4.5 (81)
$20,985
$75
66%
112$125✅✅❌Y / Y⭐️ 5 (130)

Return Metrics

-14.66% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$5,104-$10,209-$15,313-$20,418-$25,522-$51,045-$153,136
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$106,320$106,320$106,320$106,320$106,320$106,320$106,320
Down Payment$26,580$26,580$26,580$26,580$26,580$26,580$26,580
Property Appreciation$3,987$8,093$12,323$16,680$21,167$45,706$189,683
Total Return$131,782$130,784$129,909$129,161$128,544$127,561$169,447

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-14.66%

Cap Rate

2.9%

Return on Investment

0.54%

property-location

7000 N Ocean Blvd 430 Myrtle Beach, South Carolina, 29572

1 bed • 1 bath • 3 guests

Est. $637/mo

Agent

Inquire about this property

Contact Agent

$132,900

Zestimate

Myrtle Beach

Guide

Guide

-56

Airbnb Investor Score

-$5,104

Annual Profit

2.9%

Cap Rate

-14.7%

Cash on Cash

$20,161

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $149/night at 55% occupancy.Projected nightly rate is $80/night at 69% occupancy.

Top 56% 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.

$22,391

Avg annual revenue

69%

Avg occupancy rate

$80

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

Sign up to see the data on 40 all comparables

-$5,105

Profit

Revenue

$20,161

Operating Expenses

$16,301

Operating Income

$3,860

Mortgage & Taxes

$8,965

Profit (Cash Flow)

-$5,105

$34,817

Cash Investment

Down Payment

$26,580

Renos & Furnishing

$4,250

Closing Costs

$3,987

Total

$34,817

DSCR Ratio

Weak

0.43

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-14.66%

Cap Rate

2.9%

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

$6,308

Deductible property tax

$1,316

Your total deduction

$18,857

Your adjusted annual income

$150,000 - $18,857 = $131,143

Taxes on $131,143 (30%)

$39,343

Your old tax bill

$45,000

Your new tax bill

$39,343

Estimated tax savings

$5,657

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:

1982

Size:

595 sqft

Type:

CONDO

Parking:

-

Heating:

Electric

Sold Comparables

Property Details

  • MLS Status: N/A
  • Property Use: CONDO
  • Stories: 1
  • Lot size: -
  • Building area: 595 sqft
  • Garage: No
  • Heating: Electric
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: Wall/Window Unit(s)
  • View: Ocean
  • Parking: Deck
  • Amenities: Microwave, Range, Refrigerator
  • Price per square foot: $223

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 42105030736
  • Flood Zone: No

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -

  • Market Estimate: $132,900

Schools

  • Middle School: Myrtle Beach Middle School with 6/10 star rating
  • High School: Myrtle Beach High School with 4/10 star rating