BNBCalc Short Term Rental Investment Analysis 302 62nd Ave N, North Myrtle Beach, SC 29582, USA

5 bed • 5 bath • 12 guests • $875,000

BNB

Calc

Report by:

aaron@savvy.realty

Annual Revenue

$78,104

Profit (Cash Flow)

-$4,154

Cap Rate

6.3%

Annual Revenue

$78,104

AirDNA projects $486/night at 44% occupancy ($78,103).

BNB Calc projects a 44% occupancy rate, $486 rate per night.

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

Return Metrics

-1.93% 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)	-$4,154	-$8,308	-$12,463	-$16,617	-$20,772	-$41,544	-$124,633
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$8,596	$17,722	$27,411	$37,698	$48,619	$114,199	$700,000
Down Payment	$175,000	$175,000	$175,000	$175,000	$175,000	$175,000	$175,000
Property Appreciation	$26,250	$53,287	$81,136	$109,820	$139,364	$300,926	$1,248,854
Total Return	$205,691	$237,700	$271,084	$305,900	$342,212	$548,582	$1,999,220

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-1.93%

Cap Rate

6.27%

Return on Investment

14.3%

302 62nd Ave N North Myrtle Beach, South Carolina, 29582

5 bed • 5 bath • 12 guests

Purchase Price

Est. $4,197/mo

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North Myrtle Beach

Guide

$78,104

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$4,154

Profit

Revenue

$78,104

Operating Expenses

$23,233

Operating Income

$54,870

Mortgage & Taxes

$59,025

Profit (Cash Flow)

-$4,154

$214,500

Cash Investment

Down Payment

$175,000

Renos & Furnishing

$13,250

Closing Costs

$26,250

Total

$214,500

DSCR Ratio

Weak

0.93

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-1.93%

Cap Rate

6.27%

Return on Investment

14.3%

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

$41,528

Deductible property tax

$8,663

Your total deduction

$92,668

Your adjusted annual income

$150,000 - $92,668 = $57,332

Taxes on $57,332 (30%)

$17,200

Your old tax bill

$45,000

Your new tax bill

$17,200

Estimated tax savings

$27,800

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