2704 N Ocean Blvd
North Myrtle Beach, South Carolina, 29582
8 bed • 6 bath • 20 guests • $1,600,000
Annual Revenue
$122,616
Profit (Cash Flow)
-$14,932
Cash on Cash Return
-3.9%
Annual Revenue
AirDNA projects $569/night at 59% occupancy ($122,616).
Occupancy Rate
Avg Daily Rate
Return Metrics
-3.85% cash on cash return is a poor return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-3.85%
Cap Rate
5.81%
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
$75,937
Deductible property tax
$15,839
Your total deduction
$246,404
Your adjusted annual income
$150,000 - $246,404 = -$96,404
Taxes on -$96,404 (30%)
-$28,921
Your old tax bill
$45,000
Your new tax bill
-$28,921
Estimated tax savings
$73,921
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