BNBCalc Short Term Rental Investment Analysis Surfside Bch, , SC, 29575

3 bed • 3 bath • 8 guests • $659,000

BNB

Calc

Annual Revenue

$42,135

Profit (Cash Flow)

-$21,477

Cap Rate

3.5%

Annual Revenue

$42,135

AirDNA projects $206/night at 98% occupancy ($73,735). Airbtics projects $206/night at 56% occupancy ($42,134). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 56% occupancy rate, $206 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$28,900	$39,293	$57,129	$88,945
Occupancy	50%	55%	67%	74%
Nightly Rate	$150	$187	$223	$315

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Beautiful Myrtle Beach House	$41,146	$130	83%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (43)
Coastgrove Cottage ※ Myrtle Beach & Golf Getaway	$32,109	$116	68%	3	2.5	6	$170	❌	❌	✅	Y / Y	⭐️ 5 (104)
Emmas Beach Hut \| 2 NEW KING BEDS \| 3 min to beach	$39,517	$174	51%	3	2	2	$200	✅	❌	❌	Y / Y	⭐️ 5 (51)
Surfside Sea Life - Dogs OK - Fenced - Beach Close	$45,925	$168	71%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (76)
Turtle Bay by the Sea-Surfside Beach&Airport 5mins	$56,318	$274	53%	3	2.5	2	$150	✅	❌	✅	Y / Y	⭐️ 5 (33)
Charming 3 BR ,Oceanview Condo located in Surfside	$34,615	$127	65%	3	2	1	$249	❌	❌	❌	Y / Y	⭐️ 5 (20)
Free State Park Pass 1600 SF (By Beach Star)	$31,548	$150	54%	3	3	3	$175	❌	❌	❌	Y / Y	⭐️ 5 (10)
'Dune' Our Thing (Entire Condo)	$29,497	$146	52%	3	2.5	1	$175	❌	❌	❌	Y / Y	⭐️ 5 (117)
NEED TO GET AWAY? UPDATED CONDO 1 BLOCK TO BEACH	$36,663	$154	64%	3	2	3	$135	✅	❌	❌	Y / Y	⭐️ 5 (91)
Chic Surfside Beach Condo w/ Screened Porch	$53,582	$187	69%	3	3	2	$274	✅	❌	✅	Y / Y	⭐️ 4.5 (15)
Updated Family-Friendly Ocean Lakes Beach House	$34,720	$131	69%	3	2	1	$200	✅	❌	❌	Y / Y	⭐️ 5 (17)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$29,291	$151	53%	3	3	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (4)
Backyard Oasis \| Golf Cart Friendly	$36,061	$167	59%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (10)
40% Off New Weekend/Weekly Stays thru Feb 2025	$36,999	$187	53%	3	2	4	$300	✅	❌	❌	Y / Y	⭐️ 5 (8)
Cozy 3BR Escape @ Seagrove w/ Pool & Free Parking	$41,988	$188	56%	3	2	1	$240	✅	❌	❌	Y / Y	⭐️ 5 (22)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$28,709	$148	53%	3	3	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
“Seaside Cottage” at the beach!	$38,833	$120	83%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (256)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$30,144	$142	58%	3	3	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (6)
NEW! 3 Bedroom 2 Bath w/Golf Cart & Water park	$87,449	$313	74%	3	2	2	$215	✅	❌	✅	Y / Y	⭐️ 5 (33)
Free State Park Pass 1700 SF (By Beach Star)	$34,843	$151	59%	3	3	3	$185	❌	❌	❌	Y / Y	⭐️ 4.5 (46)
Surfside Beach Condo	$37,907	$211	46%	3	3	3	$175	✅	❌	❌	Y / Y	⭐️ 5 (10)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$40,542	$209	53%	3	3	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (15)
Oceanfront Sea Cloisters II	$48,358	$189	67%	3	2	4	$125	✅	❌	❌	Y / Y	⭐️ 5 (112)
Sharky's Beach House	$74,355	$267	74%	3	2	3	$150	❌	❌	✅	Y / Y	⭐️ 5 (5)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$26,169	$143	50%	3	3	1	$0	✅	✅	❌	Y / Y	⭐️ 0 (0)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$32,736	$208	43%	3	3	1	$0	✅	✅	❌	Y / Y	⭐️ 3.5 (2)
3 Mi to Surfside Beach & Pier: Townhome w/ Balcony	$84,903	$340	66%	3	2.5	3	$181	✅	❌	✅	Y / Y	⭐️ 0 (1)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$28,573	$211	37%	3	3	1	$0	✅	❌	❌	Y / Y	⭐️ 4 (1)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$30,119	$211	39%	3	3	1	$0	✅	❌	❌	Y / Y	⭐️ 0 (0)
Walk to Beach: Gem w/ Balcony in Sea Grove Resort	$43,568	$156	71%	3	2	6	$155	✅	❌	❌	Y / Y	⭐️ 5 (4)
The Tipsy Turtle SSB	$38,941	$263	35%	3	2.5	3	$240	✅	❌	❌	Y / Y	⭐️ 5 (31)
Completely renovated 3 Bed/2Bath Oceanfront Condo!	$109,426	$472	62%	3	2	7	$290	✅	❌	❌	Y / Y	⭐️ 4.8 (5)
Beautiful 3BR/2BA Lake View Condo	$34,743	$183	47%	3	2	1	$195	❌	❌	❌	Y / Y	⭐️ 4.5 (4)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$45,259	$229	54%	3	3	2	$0	✅	✅	❌	Y / Y	⭐️ 4.5 (6)
Recently Renovated -Sea Bridge 1031D The Dance	$68,780	$216	87%	3	2	3	$0	✅	❌	❌	Y / Y	⭐️ 4.5 (3)
Surfside Beach Getaway: 3BR Suite at Grand Palms	$40,626	$222	50%	3	3	2	$0	✅	✅	❌	Y / Y	⭐️ 0 (1)
Ocean Lakes Site 1808	$72,595	$335	58%	3	2	2	$490	✅	❌	❌	Y / Y	⭐️ 0 (1)

Return Metrics

-13.39% 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)	-$21,477	-$42,954	-$64,431	-$85,908	-$107,385	-$214,770	-$644,310
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$527,200	$527,200	$527,200	$527,200	$527,200	$527,200	$527,200
Down Payment	$131,800	$131,800	$131,800	$131,800	$131,800	$131,800	$131,800
Property Appreciation	$19,770	$40,133	$61,107	$82,710	$104,961	$226,640	$940,565
Total Return	$657,292	$656,179	$655,676	$655,802	$656,576	$670,870	$955,255

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-13.39%

Cap Rate

3.48%

Return on Investment

2.97%

Surfside Bch Surfside Bch, South Carolina, 29575

3 bed • 3 bath • 8 guests

Purchase Price

Est. $3,161/mo

Inquire about this property

Contact Agent

-48

Airbnb Investor Score

-$21,477

Annual Profit

3.5%

Cap Rate

-13.4%

Cash on Cash

$42,135

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $206/night at 98% occupancy.Projected nightly rate is $206/night at 56% occupancy.

Occupancy Rate

Top 48% of comparables

Avg Daily Rate

Top 44% of comparables

Seasonality

40 Airbnb Comparables

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

$43,492

Avg annual revenue

56%

Avg occupancy rate

$206

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

$50k

$80k

$110k

-$21,477

Profit

Revenue

$42,135

Operating Expenses

$19,157

Operating Income

$22,977

Mortgage & Taxes

$44,454

Profit (Cash Flow)

-$21,477

$160,320

Cash Investment

Down Payment

$131,800

Renos & Furnishing

$8,750

Closing Costs

$19,770

Total

$160,320

DSCR Ratio

Weak

0.52

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-13.39%

Cap Rate

3.48%

Return on Investment

2.97%

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

$31,277

Deductible property tax

$6,524

Your total deduction

$87,971

Your adjusted annual income

$150,000 - $87,971 = $62,029

Taxes on $62,029 (30%)

$18,609

Your old tax bill

$45,000

Your new tax bill

$18,609

Estimated tax savings

$26,391

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:

4,244 sqft

Type:

LOT

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: LOT

Stories: -

Lot size: -

Building area: 4,244 sqft

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 High risk: Special Flood Hazard Area (SFHA), high flood risk

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: St. James Middle School with 8/10 star rating
High School: St. James High School with 8/10 star rating