BNBCalc Short Term Rental Investment Analysis 920 Lake Arrowhead Rd, Myrtle Beach, SC, 29572

3 bed • 2 bath • 9 guests • $269,000

BNB

Calc

Annual Revenue

$39,213

Profit (Cash Flow)

$2,289

Cap Rate

7.6%

Annual Revenue

$39,213

AirDNA projects $244/night at 44% occupancy ($39,212). Airbtics projects $272/night at 52% occupancy ($51,660). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 44% occupancy rate, $244 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$34,455	$45,505	$75,347	$129,072
Occupancy	43%	51%	63%	72%
Nightly Rate	$204	$229	$302	$460

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
14d Richmond Park - Gorgeously Remodeled 3br Villa	$53,718	$208	58%	3	3	1	$238	✅	✅	❌	Y / Y	⭐️ 5 (3)
Updated 3 Br, 3 Ba Villa, 13d Richmond Park	$38,222	$235	36%	3	3	1	$238	✅	✅	❌	Y / Y	⭐️ 4.5 (2)
Closer to Heaven	$57,857	$301	52%	3	3	3	$250	✅	✅	❌	Y / Y	⭐️ 5 (20)
Summer Sale-Direct Oceanviews-Stunning-Pool	$139,939	$498	75%	3	3	3	$230	✅	✅	❌	Y / Y	⭐️ 4.9 (16)
Roomy 3Br/3Ba close to beach at Kingston Resort!	$33,463	$184	45%	3	3	1	$220	✅	❌	❌	Y / Y	⭐️ 5 (1)
3br Villa, 19e West Hyde Park, Kingston Plantation	$45,787	$229	41%	3	3	1	$238	✅	✅	❌	Y / Y	⭐️ 4.6 (5)
Summer Sale-Steps 2 Beach-Large Balconies-Pool	$95,614	$497	51%	3	3	3	$230	✅	✅	❌	Y / Y	⭐️ 4.8 (12)
West Hyde 2D in Kingston Plantation, Pool, Beach	$91,129	$405	58%	3	3	3	$200	✅	❌	❌	Y / Y	⭐️ 4.7 (15)
Great 3BR Condo @ Myrtle Beach near Golf & Beach	$42,918	$148	74%	3	2	3	$150	✅	❌	✅	Y / Y	⭐️ 4.9 (40)
3hcc 3 Bedroom Villa	$30,659	$206	31%	3	3	1	$238	✅	✅	❌	Y / Y	⭐️ 0 (0)
West Hyde Park 7E in Kingston resort, Pools, Beach	$52,229	$290	46%	3	3	2	$145	✅	❌	❌	Y / Y	⭐️ 4.8 (32)
Beautiful Lake View in Kingston Plantation/Pools	$53,019	$203	68%	3	3	3	$200	✅	❌	❌	Y / Y	⭐️ 4.2 (8)
Golfers Paradise, 3 Br Villa In Canterbury Court	$34,884	$209	35%	3	3	1	$238	✅	✅	❌	Y / Y	⭐️ 3 (1)
New Brighton, 18th Floor - Amazing Views w/ Luxury	$53,140	$172	70%	3	3	1	$175	✅	❌	❌	Y / Y	⭐️ 4.2 (88)
Brighton Penthouse	$55,278	$304	49%	3	3	3	$250	✅	✅	❌	Y / Y	⭐️ 4.8 (24)

Return Metrics

3.25% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$2,289	$4,578	$6,867	$9,156	$11,445	$22,890	$68,671
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$215,200	$215,200	$215,200	$215,200	$215,200	$215,200	$215,200
Down Payment	$53,800	$53,800	$53,800	$53,800	$53,800	$53,800	$53,800
Property Appreciation	$8,070	$16,382	$24,943	$33,761	$42,844	$92,513	$383,933
Total Return	$279,359	$289,960	$300,810	$311,918	$323,290	$384,404	$721,605

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

3.25%

Cap Rate

7.59%

Return on Investment

18.47%

920 Lake Arrowhead Rd Myrtle Beach, South Carolina, 29572

3 bed • 2 bath • 9 guests

Purchase Price

Est. $1,290/mo

Inquire about this property

Contact Agent

$139,300

Zestimate

Myrtle Beach

Guide

$39,213

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $244/night at 44% occupancy.Projected nightly rate is $272/night at 52% occupancy.

Occupancy Rate

Top 68% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

15 Airbnb Comparables

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

$58,523

Avg annual revenue

52%

Avg occupancy rate

$272

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

$30k

$65k

$100k

$140k

$2,289

Profit

Revenue

$39,213

Operating Expenses

$18,778

Operating Income

$20,435

Mortgage & Taxes

$18,146

Profit (Cash Flow)

$2,289

$70,370

Cash Investment

Down Payment

$53,800

Renos & Furnishing

$8,500

Closing Costs

$8,070

Total

$70,370

DSCR Ratio

Acceptable

1.13

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

3.25%

Cap Rate

7.59%

Return on Investment

18.47%

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

$12,767

Deductible property tax

$2,663

Your total deduction

$25,533

Your adjusted annual income

$150,000 - $25,533 = $124,467

Taxes on $124,467 (30%)

$37,340

Your old tax bill

$45,000

Your new tax bill

$37,340

Estimated tax savings

$7,660

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