BNBCalc Short Term Rental Investment Analysis 1501 S Ocean Blvd, Myrtle Beach, SC 29577, USA

1 bed • 1 bath • 4 guests • $118,000

BNB

Calc

Report by:

Jeremy Werden

Co-Founder at BNBCalc

7035070706

hello@bnbcalc.com

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Annual Revenue

Profit (Cash Flow)

-$21,040

Cap Rate

-11.1%

Annual Revenue

Revenue data could not be found for this address

BNB Calc projects a 0% occupancy rate, $0 rate per night.

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

Return Metrics

-67.02% 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)	-$21,039	-$42,079	-$63,119	-$84,159	-$105,199	-$210,399	-$631,197
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,159	$2,389	$3,696	$5,083	$6,556	$15,400	$94,400
Down Payment	$23,600	$23,600	$23,600	$23,600	$23,600	$23,600	$23,600
Property Appreciation	$3,540	$7,186	$10,941	$14,810	$18,794	$40,582	$168,416
Total Return	$7,259	-$8,903	-$24,881	-$40,665	-$56,248	-$130,816	-$344,780

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-67.02%

Cap Rate

-11.08%

Return on Investment

-52.05%

1501 S Ocean Blvd Myrtle Beach, South Carolina, 29577-4482

1 bed • 1 bath • 4 guests

Purchase Price

Est. $566/mo

Inquire about this property

Contact Agent

$0

Annual Revenue

Revenue data could not be found for this address

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$21,040

Profit

Revenue

Operating Expenses

$13,080

Operating Income

-$13,080

Mortgage & Taxes

$7,960

Profit (Cash Flow)

-$21,040

$31,390

Cash Investment

Down Payment

$23,600

Renos & Furnishing

$4,250

Closing Costs

$3,540

Total

$31,390

DSCR Ratio

Weak

-1.64

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-67.02%

Cap Rate

-11.08%

Return on Investment

-52.05%

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

$5,600

Deductible property tax

$1,168

Your total deduction

$33,316

Your adjusted annual income

$150,000 - $33,316 = $116,684

Taxes on $116,684 (30%)

$35,005

Your old tax bill

$45,000

Your new tax bill

$35,005

Estimated tax savings

$9,995

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