301 61st Ave N North Myrtle Beach, South Carolina, 29582-1131
4 bed • 2 bath • 12 guests • $699,999
Annual Revenue
$93,970
Profit (Cash Flow)
$20,866
Cap Rate
9.7%
Annual Revenue
AirDNA projects $397/night at 64% occupancy ($92,801)
Occupancy Rate
Avg Daily Rate
Return Metrics
12.16% cash on cash return is a good return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
12.16%
Cap Rate
9.72%
Tax Calculator (USA)
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
$33,223
Deductible property tax
$6,930
Your total deduction
$76,970
Your adjusted annual income
$150,000 - $76,970 = $73,030
Taxes on $73,030 (30%)
$21,909
Your old tax bill
$45,000
Your new tax bill
$21,909
Estimated tax savings
$23,091
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com