BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 1905 Madison Dr, North Myrtle Beach, SC 29582, USA

4 bed • 3 bath • 12 guests • $649,000

BNB

Calc

Annual Revenue

$93,137

Profit (Cash Flow)

$16,452

Cap Rate

10.0%

Annual Revenue

$93,137

AirDNA projects $425/night at 60% occupancy ($93,137).

BNB Calc projects a 60% occupancy rate, $425 rate per night.

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


Return Metrics

14.2% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$16,452$32,904$49,357$65,809$82,262$164,524$493,574
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$584,100$584,100$584,100$584,100$584,100$584,100$584,100
Down Payment$64,900$64,900$64,900$64,900$64,900$64,900$64,900
Property Appreciation$19,470$39,524$60,179$81,455$103,368$223,201$926,293
Total Return$684,922$721,429$758,537$796,265$834,631$1,036,726$2,068,867

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

14.2%

Cap Rate

9.96%

Return on Investment

36.64%

property-location

1905 Madison Dr North Myrtle Beach, South Carolina, 29582

4 bed • 3 bath • 12 guests

Est. $3,113/mo

Agent

Inquire about this property

Contact Agent

North Myrtle Beach

Guide

Guide

$93,137

Annual Revenue


Projected nightly rate is $425/night at 60% occupancy.

Top 101% of comparables

Top 101% of comparables


$16,452

Profit

Revenue

$93,137

Operating Expenses

$28,488

Operating Income

$64,649

Mortgage & Taxes

$48,197

Profit (Cash Flow)

$16,452

$115,832

Cash Investment

Down Payment

$64,900

Renos & Furnishing

$39,250

Closing Costs

$11,682

Total

$115,832

DSCR Ratio

Strong

1.34

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

14.2%

Cap Rate

9.96%

Profit (Cummulative)

$16,452

$584,100

$39,250

$19,470

$0

Total Gain

$42,451

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

$37,579

Deductible property tax

$3,894

Your total deduction

$53,087

Your adjusted annual income

$150,000 - $53,087 = $96,913


Taxes on $96,913 (30%)

$29,074

Your old tax bill

$45,000

Your new tax bill

$29,074


Estimated tax savings

$15,926

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