BNBCalc Short Term Rental Investment Analysis 204 53rd Ave N, North Myrtle Beach, SC 29582, USA

8 bed • 6 bath • 20 guests • $2,229,900

BNB

Calc

Annual Revenue

$163,542

Profit (Cash Flow)

-$21,221

Cap Rate

5.8%

Annual Revenue

$163,542

AirDNA projects $772/night at 58% occupancy ($163,541).

BNB Calc projects a 57.99999999999999% occupancy rate, $772 rate per night.

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

Return Metrics

-3.98% 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)	-$21,220	-$42,441	-$63,662	-$84,883	-$106,103	-$212,207	-$636,623
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,783,920	$1,783,920	$1,783,920	$1,783,920	$1,783,920	$1,783,920	$1,783,920
Down Payment	$445,980	$445,980	$445,980	$445,980	$445,980	$445,980	$445,980
Property Appreciation	$66,897	$135,800	$206,771	$279,872	$355,165	$766,899	$3,182,652
Total Return	$2,275,576	$2,323,259	$2,373,009	$2,424,888	$2,478,961	$2,784,591	$4,775,928

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-3.98%

Cap Rate

5.79%

Return on Investment

12.69%

204 53rd Ave N North Myrtle Beach, South Carolina, 29582-1326

8 bed • 6 bath • 20 guests

Purchase Price

Est. $10,696/mo

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North Myrtle Beach

Guide

$163,542

Annual Revenue

Projected nightly rate is $772/night at 58% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$21,221

Profit

Revenue

$163,542

Operating Expenses

$34,340

Operating Income

$129,201

Mortgage & Taxes

$150,422

Profit (Cash Flow)

-$21,221

$532,377

Cash Investment

Down Payment

$445,980

Renos & Furnishing

$19,500

Closing Costs

$66,897

Total

$532,377

DSCR Ratio

Weak

0.86

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-3.98%

Cap Rate

5.79%

Return on Investment

12.69%

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

$105,833

Deductible property tax

$22,076

Your total deduction

$244,824

Your adjusted annual income

$150,000 - $244,824 = -$94,824

Taxes on -$94,824 (30%)

-$28,447

Your old tax bill

$45,000

Your new tax bill

-$28,447

Estimated tax savings

$73,447

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