BNBCalc Short Term Rental Investment Analysis 215 2nd Ave S, North Myrtle Beach, SC 29582, USA

6 bed • 4 bath • 15 guests • $899,000

BNB

Calc

Annual Revenue

$125,176

Profit (Cash Flow)

$35,180

Cap Rate

10.7%

Annual Revenue

$125,176

AirDNA projects $714/night at 48% occupancy ($125,176).

BNB Calc projects a 48% occupancy rate, $714 rate per night.

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

Return Metrics

15.86% 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)	$35,179	$70,359	$105,539	$140,719	$175,898	$351,797	$1,055,393
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$719,200	$719,200	$719,200	$719,200	$719,200	$719,200	$719,200
Down Payment	$179,800	$179,800	$179,800	$179,800	$179,800	$179,800	$179,800
Property Appreciation	$26,970	$54,749	$83,361	$112,832	$143,187	$309,180	$1,283,108
Total Return	$961,149	$1,024,108	$1,087,900	$1,152,551	$1,218,086	$1,559,978	$3,237,502

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

15.86%

Cap Rate

10.65%

Return on Investment

32%

215 2nd Ave S North Myrtle Beach, South Carolina, 29582-3135

6 bed • 4 bath • 15 guests

Purchase Price

Est. $4,312/mo

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North Myrtle Beach

Guide

$125,176

Annual Revenue

Projected nightly rate is $714/night at 48% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$35,180

Profit

Revenue

$125,176

Operating Expenses

$29,353

Operating Income

$95,823

Mortgage & Taxes

$60,644

Profit (Cash Flow)

$35,180

$221,770

Cash Investment

Down Payment

$179,800

Renos & Furnishing

$15,000

Closing Costs

$26,970

Total

$221,770

DSCR Ratio

Strong

1.58

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

15.86%

Cap Rate

10.65%

Return on Investment

32%

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

$42,667

Deductible property tax

$8,900

Your total deduction

$55,953

Your adjusted annual income

$150,000 - $55,953 = $94,047

Taxes on $94,047 (30%)

$28,214

Your old tax bill

$45,000

Your new tax bill

$28,214

Estimated tax savings

$16,786

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