BNBCalc Short Term Rental Investment Analysis 214 2nd Ave S, North Myrtle Beach, SC 29582, USA

6 bed • 4 bath • 14 guests • $849,000

BNB

Calc

Annual Revenue

$127,214

Profit (Cash Flow)

$40,326

Cap Rate

11.5%

Annual Revenue

$127,214

AirDNA projects $774/night at 45% occupancy ($127,214).

BNB Calc projects a 45% occupancy rate, $774 rate per night.

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

Return Metrics

19.17% cash on cash return is a great return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$40,325	$80,651	$120,977	$161,302	$201,628	$403,257	$1,209,772
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$679,200	$679,200	$679,200	$679,200	$679,200	$679,200	$679,200
Down Payment	$169,800	$169,800	$169,800	$169,800	$169,800	$169,800	$169,800
Property Appreciation	$25,470	$51,704	$78,725	$106,556	$135,223	$291,985	$1,211,745
Total Return	$914,795	$981,355	$1,048,702	$1,116,859	$1,185,852	$1,544,242	$3,270,517

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

19.17%

Cap Rate

11.49%

Return on Investment

35.25%

214 2nd Ave S North Myrtle Beach, South Carolina, 29582-3136

6 bed • 4 bath • 14 guests

Purchase Price

Est. $4,072/mo

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North Myrtle Beach

Guide

$127,214

Annual Revenue

Projected nightly rate is $774/night at 45% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$40,326

Profit

Revenue

$127,214

Operating Expenses

$29,618

Operating Income

$97,597

Mortgage & Taxes

$57,271

Profit (Cash Flow)

$40,326

$210,270

Cash Investment

Down Payment

$169,800

Renos & Furnishing

$15,000

Closing Costs

$25,470

Total

$210,270

DSCR Ratio

Strong

1.70

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

19.17%

Cap Rate

11.49%

Return on Investment

35.25%

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

$40,294

Deductible property tax

$8,405

Your total deduction

$45,853

Your adjusted annual income

$150,000 - $45,853 = $104,147

Taxes on $104,147 (30%)

$31,244

Your old tax bill

$45,000

Your new tax bill

$31,244

Estimated tax savings

$13,756

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