1501 S Ocean Blvd
Myrtle Beach, South Carolina, 29577-4482
1 bed • 1 bath • 4 guests • $118,000
Annual Revenue
$0
Profit (Cash Flow)
-$21,636
Cap Rate
-11.6%
Annual Revenue
Occupancy Rate
Avg Daily Rate
Return Metrics
-68.92% cash on cash return is a poor return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-68.92%
Cap Rate
-11.59%
Tax Calculator (USA)
Your current annual Income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your estimated deduction will be...
Deductible mortgage interest
$5,600
Deductible property tax
$1,168
Your total deduction
$38,606
Your adjusted annual income
$150,000 - $38,606 = $111,394
Taxes on $111,394 (30%)
$33,418
Your old tax bill
$45,000
Your new tax bill
$33,418
Estimated tax savings
$11,582
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