1502 S Ocean Blvd
North Myrtle Beach, South Carolina, 29582
8 bed • 5.5 bath • 20 guests • $975,000
Annual Revenue
$155,148
Profit (Cash Flow)
$55,539
Cash on Cash Return
22.8%
Annual Revenue
AirDNA projects $634/night at 67% occupancy ($155,148).
Occupancy Rate
Avg Daily Rate
Return Metrics
22.79% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
22.79%
Cap Rate
12.44%
Tax Calculator
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
$46,274
Deductible property tax
$9,652
Your total deduction
$90,317
Your adjusted annual income
$150,000 - $90,317 = $59,682
Taxes on $59,682 (30%)
$17,904
Your old tax bill
$45,000
Your new tax bill
$17,904
Estimated tax savings
$27,095
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com