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Bedrooms

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Bathrooms

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Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

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Rent from the landlord and list it on Airbnb

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Manage this property for the owner


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

3 bed β€’ 2 bath β€’ 9 guests β€’ $294,000

BNB

Calc

Annual Revenue

$39,213

Profit (Cash Flow)

$603

Cap Rate

7.0%

Annual Revenue

$39,213

AirDNA projects $244/night at 44% occupancy ($39,212). Airbtics projects $290/night at 52% occupancy ($55,078). Airbtics predicts this property will perform in the 47% revenue percentile

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

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

Percentiles25%50%75%90%
Revenue$33,565$46,533$83,926$131,096
Occupancy43%52%60%70%
Nightly Rate$202$230$354$479

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Closer to Heaven
$56,664
$295
52%
333$250βœ…βœ…βŒY / Y⭐️ 5 (20)
14d Richmond Park - Gorgeously Remodeled 3br Villa
$54,950
$202
61%
331$238βœ…βœ…βŒY / Y⭐️ 5 (3)
Updated 3 Br, 3 Ba Villa, 13d Richmond Park
$40,963
$230
39%
331$238βœ…βœ…βŒY / Y⭐️ 4.5 (2)
Summer Sale-Steps 2 Beach-Large Balconies-Pool
$99,391
$506
52%
333$230βœ…βœ…βŒY / Y⭐️ 4.8 (12)
3br Villa, 19e West Hyde Park, Kingston Plantation
$46,602
$225
42%
331$238βœ…βœ…βŒY / Y⭐️ 4.6 (5)
Roomy 3Br/3Ba close to beach at Kingston Resort!
$37,038
$200
46%
331$220βœ…βŒβŒY / Y⭐️ 5 (1)
Summer Sale-Direct Oceanviews-Stunning-Pool
$141,908
$512
74%
333$230βœ…βœ…βŒY / Y⭐️ 4.9 (16)
West Hyde 2D in Kingston Plantation, Pool, Beach
$101,339
$440
60%
333$200βœ…βŒβŒY / Y⭐️ 4.7 (15)
3hcc 3 Bedroom Villa
$30,078
$202
31%
331$238βœ…βœ…βŒY / Y⭐️ 0 (0)
Beautiful Lake View in Kingston Plantation/Pools
$46,173
$201
60%
333$200βœ…βŒβŒY / Y⭐️ 4.2 (8)
Golfers Paradise, 3 Br Villa In Canterbury Court
$34,284
$205
34%
331$238βœ…βœ…βŒY / Y⭐️ 3 (1)
Great 3BR Condo @ Myrtle Beach near Golf & Beach
$40,676
$148
71%
323$150βœ…βŒβœ…Y / Y⭐️ 4.9 (40)
Brighton Penthouse
$48,823
$299
44%
333$250βœ…βœ…βŒY / Y⭐️ 4.8 (24)
Richmond Park 20F in Kingston Resort, Pools, Beach
$106,712
$409
70%
332$200βœ…βŒβŒY / Y⭐️ 4.2 (4)
West Hyde Park 7E in Kingston resort, Pools, Beach
$52,229
$290
46%
332$145βœ…βŒβŒY / Y⭐️ 4.8 (32)

Return Metrics

0.79% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$602$1,205$1,807$2,410$3,013$6,026$18,079
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$235,200$235,200$235,200$235,200$235,200$235,200$235,200
Down Payment$58,800$58,800$58,800$58,800$58,800$58,800$58,800
Property Appreciation$8,820$17,904$27,261$36,899$46,826$101,111$419,615
Total Return$303,422$313,109$323,069$333,310$343,839$401,137$731,694

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

0.79%

Cap Rate

6.95%

Return on Investment

16.17%

property-location

920 Lake Arrowhead Rd Myrtle Beach, South Carolina, 29572

3 bed β€’ 2 bath β€’ 9 guests

Est. $1,410/mo

Agent

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Myrtle Beach

Guide

Guide

$39,213

Annual Revenue

BNBCalc predicts this property will get $290 per night with 52% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Top 68% of comparables

Top 48% of comparables


Seasonality

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15

Airbnb Comparables

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

$62,522

Avg annual revenue

52%

Avg occupancy rate

$290

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$30k

$65k

$105k

$145k

Sign up to see the data on 15 all comparables

$603

Profit

Revenue

$39,213

Operating Expenses

$18,778

Operating Income

$20,435

Mortgage & Taxes

$19,832

Profit (Cash Flow)

$603

$76,120

Cash Investment

Down Payment

$58,800

Renos & Furnishing

$8,500

Closing Costs

$8,820

Total

$76,120

DSCR Ratio

Acceptable

1.03

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

0.79%

Cap Rate

6.95%

Profit (Cummulative)

$603

$235,200

$8,500

$8,820

$0

Total Gain

$12,311

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

$13,954

Deductible property tax

$2,911

Your total deduction

$29,696

Your adjusted annual income

$150,000 - $29,696 = $120,304


Taxes on $120,304 (30%)

$36,091

Your old tax bill

$45,000

Your new tax bill

$36,091


Estimated tax savings

$8,909

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