215 2nd Ave S
North Myrtle Beach, South Carolina, 29582-3135
6 bed • 4 bath • 15 guests • $899,000
Annual Revenue
$125,176
Profit (Cash Flow)
$34,587
Cash on Cash Return
15.6%
Annual Revenue
AirDNA projects $714/night at 48% occupancy ($125,176).
Occupancy Rate
Avg Daily Rate
Return Metrics
15.59% cash on cash return is a great return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
15.59%
Cap Rate
10.59%
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
$42,667
Deductible property tax
$8,900
Your total deduction
$98,064
Your adjusted annual income
$150,000 - $98,064 = $51,935
Taxes on $51,935 (30%)
$15,580
Your old tax bill
$45,000
Your new tax bill
$15,580
Estimated tax savings
$29,419
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