BNBCalc Short Term Rental Investment Analysis 2353 Hill St, North Myrtle Beach, SC 29582, USA

4 bed • 3 bath • 10 guests • $657,000

BNB

Calc

Report by:

aaron@savvy.realty

Annual Revenue

$46,382

Profit (Cash Flow)

-$17,047

Cap Rate

4.2%

Annual Revenue

$46,382

AirDNA projects $249/night at 51% occupancy ($46,382).

BNB Calc projects a 51% occupancy rate, $249 rate per night.

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

Return Metrics

-10.53% 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)	-$17,046	-$34,093	-$51,139	-$68,186	-$85,232	-$170,465	-$511,395
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$6,454	$13,306	$20,582	$28,306	$36,506	$85,747	$525,600
Down Payment	$131,400	$131,400	$131,400	$131,400	$131,400	$131,400	$131,400
Property Appreciation	$19,710	$40,011	$60,921	$82,459	$104,643	$225,953	$937,711
Total Return	$140,517	$150,625	$161,764	$173,979	$187,316	$272,635	$1,083,315

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-10.53%

Cap Rate

4.15%

Return on Investment

5.63%

2353 Hill St North Myrtle Beach, South Carolina, 29582

4 bed • 3 bath • 10 guests

Purchase Price

Est. $3,151/mo

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North Myrtle Beach

Guide

$46,382

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$17,047

Profit

Revenue

$46,382

Operating Expenses

$19,110

Operating Income

$27,273

Mortgage & Taxes

$44,319

Profit (Cash Flow)

-$17,047

$161,860

Cash Investment

Down Payment

$131,400

Renos & Furnishing

$10,750

Closing Costs

$19,710

Total

$161,860

DSCR Ratio

Weak

0.62

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-10.53%

Cap Rate

4.15%

Return on Investment

5.63%

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

$31,182

Deductible property tax

$6,504

Your total deduction

$83,618

Your adjusted annual income

$150,000 - $83,618 = $66,382

Taxes on $66,382 (30%)

$19,915

Your old tax bill

$45,000

Your new tax bill

$19,915

Estimated tax savings

$25,085

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