BNBCalc.com Investment Analysis Report of 9501 Shore Dr, Myrtle Beach, SC, 29572

2 bed • 2 bath • 6 guests • $140,000

BNB

Calc

Return Metrics

11.81% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

11.81%

Cap Rate

10%

Return on Investment

26.21%

Annual Revenue

$31,820

AirDNA projects $198/night at 42% occupancy ($30,373). Airbtics projects $175/night at 61% occupancy ($38,989). Airbtics predicts this property will perform in the 47% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$20,539$34,399$64,954$91,305
Occupancy53%60%75%83%
Nightly Rate$103$151$230$292

Seasonality (Profits By Month)

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Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

Inlet Waterfront Steps to Beach w Pool
$89,817
$259
92%
2261$237✅❌❌N / Y⭐️ 4.6 (20)Profile

B

Oceanview 2Bd/2Ba Condo
$43,379
$214
55%
2284$150✅❌❌N / Y⭐️ 4.7 (26)Profile

C

A Place at the Beach III, IK Myrtle Beach, SC
$34,871
$168
56%
2262$100✅❌❌N / Y⭐️ 4.8 (35)Profile

D

Salt Water Stays - Relaxing Myrtle Beach Condo
$30,896
$142
54%
2261$200✅❌❌N / Y⭐️ 4.8 (64)Profile

E

200 yards from the beach! HERON POINTE
$42,888
$186
61%
2263$125✅✅❌N / Y⭐️ 4.8 (153)Profile

Operating Expenses

Monthly Expenses

$1,485

Annual Expenses

$17,817

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$965

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$265

Management & Platform Fees

$80

Platform Fee (i.e. Airbnb)

$80

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$786

Annual Mortgage & Tax

$9,432

Downpayment

Purchase Price

$140,000

Percent Down

20%

Total Downpayment

$28,000

Total Loan Amount

$112,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$671

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$115

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

-

Year built:

-

Size:

-

Type:

-

Parking:

-

Heating:

-

Property Details

  • MLS Status: N/A
  • Property Use:
  • Stories:
  • Lot size:-
  • Building area: -
  • Garage: -
  • Heating:
  • Pool: No
  • Fireplaces:
  • Basement:

Lot Info

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

Tax Info

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

  • Market Estimate: -

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$6,645

Deductible property tax

$1,386

Est. Depreciation Value

$68,639

Profit on this property

$14,003

Your total deduction

$62,666

So, your new taxable income is your previous income minus your total deduction ($150,000 - $62,666)

$87,334

Your old tax bill

$45,000

Your new tax bill

$26,200

Estimated tax savings

$18,800

property-location

9501 Shore Dr a 106 Myrtle Beach, South Carolina, 29572

2 bed • 2 bath • 6 guests

Purchase Price

Est. $671/mo

Agent

Inquire about this property

Contact Agent

$511,000

Zestimate

79

Airbnb Investor Score

$4,571

Annual Profit

10.0%

Cap Rate

11.8%

Cash on Cash

$31,820

Annual Revenue

BNBCalc predicts this property will get $175 per night with 61% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

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40

Airbnb Comparables

Identify properties similar to yours in terms of amenities and interior design. Then adjust your Occupancy Rate and Average Daily Rate to match.

Revenue per year

$0k

$100k

$195k

$300k

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

11.81%

Cap Rate

10%

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

$6,645

Deductible property tax

$1,386

Your total deduction

$15,850

Your adjusted annual income

$150,000 - $15,850 = $134,150

Taxes on $134,150 (30%)

$40,245

Your old tax bill

$45,000

Your new tax bill

$40,245

Estimated tax savings

$4,755

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