$375,000
Avg. Purchase Price
$175
Avg. Nightly Rate
50%
Avg. Occupancy
beach
Market Type
Myrtle Beach's Grand Strand offers 60 miles of beaches at affordable prices. Golf tourism and family vacations drive seasonal demand.
Property Details
$
Financing
%
%
years
Expected Income
$
%
nights
%
Need better revenue assumptions?
Operating Expenses
$
$
$
$
$
%
%
Monthly Cash Flow
-$212
Annual Cash Flow
-$2,543
Cash-on-Cash Return
-2.4%
Cap Rate
5.3%
Break-Even Occupancy
55%
Proceed with caution
Main risk: break-even is 5 pts above modeled occupancy.
Comparing multiple properties?
Compare 5 deals side by side. One-time purchase, $29.
Myrtle Beach STR Market Highlights
- 1Affordable beach vacation destination
- 2100+ golf courses attract year-round golfers
- 360 miles of beach creates diverse property options
- 4Drive-to market from much of the East Coast
Seasonality in Myrtle Beach
Peak Memorial Day through Labor Day. Golf brings spring and fall demand. Winter is very slow.
Analyze for VRBO Instead
Model this property with VRBO's 5% commission plus processing assumption.
Myrtle Beach STR Regulations
Myrtle Beach has STR registration requirements. Check specific zone regulations.
View Full RegulationsNearby Markets
More Calculators
Furnishing Budget
Planning to furnish? Estimate your setup costs
Co-Host Splitter
Working with a co-host? Calculate fair splits
Airbnb vs Long-Term Rental
Not sure which strategy? Compare Airbnb vs Long-Term
DSCR Calculator
Getting a DSCR loan? Check if you qualify
Arbitrage Calculator
Not buying? Analyze rental arbitrage instead
Frequently Asked Questions
Exploring other markets?
View All MarketsMarket averages are estimates for educational purposes only. See full disclaimer