1605 S Ocean Blvd
Myrtle Beach, South Carolina, 29577-4629
1 bed • 1 bath • 4 guests • $210,000
Annual Revenue
$28,277
Profit (Cash Flow)
-$3,238
Cash on Cash Return
-6.2%
Annual Revenue
AirDNA projects $158/night at 49% occupancy ($28,277).
Occupancy Rate
Avg Daily Rate
Return Metrics
-6.16% 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
-6.16%
Cap Rate
5.2%
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
$9,966
Deductible property tax
$2,079
Your total deduction
$34,707
Your adjusted annual income
$150,000 - $34,707 = $115,292
Taxes on $115,292 (30%)
$34,587
Your old tax bill
$45,000
Your new tax bill
$34,587
Estimated tax savings
$10,412
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