BNBCalc Short Term Rental Investment Analysis 915 N Ocean Blvd 303, Surfside Beach, SC 29575

3 bed • 3 bath • 9 guests • $675,000

BNB

Calc

Annual Revenue

$55,707

Profit (Cash Flow)

-$10,748

Cap Rate

5.2%

Annual Revenue

$55,707

AirDNA projects $242/night at 63% occupancy ($55,685). Airbtics projects $246/night at 62% occupancy ($55,707). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 62% occupancy rate, $246 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$34,208	$64,837	$80,912	$99,389
Occupancy	50%	66%	78%	84%
Nightly Rate	$184	$223	$273	$320

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Newly renovated Beach Paradise. Family friendly	$32,364	$154	48%	3	2	3	$190	✅	❌	❌	Y / Y	⭐️ 4.5 (23)
Windhaven 101	$62,039	$253	67%	3	2	3	$0	✅	❌	❌	Y / Y	⭐️ 4 (1)
Ocean Lakes Home w/ Golf Cart	$67,636	$280	66%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (7)
Ocean Lakes Beach House!!!	$39,741	$153	59%	3	2	2	$150	✅	❌	✅	Y / Y	⭐️ 4.8 (55)
Sand In Our Boots	$68,549	$205	75%	3	2	3	$115	✅	❌	❌	Y / Y	⭐️ 4.9 (17)
A wave from it all	$20,988	$181	31%	3	1	5	$75	❌	❌	❌	Y / Y	⭐️ 4.8 (30)
Once Upon a Tide	$153,711	$506	83%	3	2	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Grand Palms, SC, 3 Bedroom Plus #1	$93,354	$300	79%	3	3	1	$99	✅	✅	❌	Y / Y	⭐️ 5 (1)
July 4th week Myrtle Beach 3 BR resort condo	$85,034	$242	96%	3	3	7	$0	✅	❌	❌	N / N	⭐️ 4 (1)

Return Metrics

-6.55% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$10,748	-$21,496	-$32,244	-$42,993	-$53,741	-$107,482	-$322,448
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$540,000	$540,000	$540,000	$540,000	$540,000	$540,000	$540,000
Down Payment	$135,000	$135,000	$135,000	$135,000	$135,000	$135,000	$135,000
Property Appreciation	$20,250	$41,107	$62,590	$84,718	$107,510	$232,143	$963,402
Total Return	$684,501	$694,610	$705,345	$716,725	$728,768	$799,660	$1,315,954

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-6.55%

Cap Rate

5.15%

Return on Investment

9.83%

915 N Ocean Blvd 303 Surfside Beach, SC, 29575

3 bed • 3 bath • 9 guests

Purchase Price

Est. $3,238/mo

This property is for sale!

Contact Agent

-14

Airbnb Investor Score

-$10,748

Annual Profit

5.2%

Cap Rate

-6.6%

Cash on Cash

$55,707

Annual Revenue

This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $242/night at 63% occupancy.Projected nightly rate is $246/night at 62% occupancy.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 41% of comparables

10 Airbnb Comparables

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

$64,278

Avg annual revenue

62%

Avg occupancy rate

$246

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

$20k

$65k

$105k

$155k

-$10,748

Profit

Revenue

$55,707

Operating Expenses

$20,922

Operating Income

$34,785

Mortgage & Taxes

$45,533

Profit (Cash Flow)

-$10,748

$164,000

Cash Investment

Down Payment

$135,000

Renos & Furnishing

$8,750

Closing Costs

$20,250

Total

$164,000

DSCR Ratio

Weak

0.76

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

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-6.55%

Cap Rate

5.15%

Return on Investment

9.83%

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

$32,036

Deductible property tax

$6,682

Your total deduction

$78,827

Your adjusted annual income

$150,000 - $78,827 = $71,173

Taxes on $71,173 (30%)

$21,352

Your old tax bill

$45,000

Your new tax bill

$21,352

Estimated tax savings

$23,648

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:

Size:

Type:

CONDO

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: CONDO

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -