303 47th Ave N
North Myrtle Beach, South Carolina, 29582-1447
3 bed • 4 bath • 10 guests • $959,000
Annual Revenue
$68,388
Profit (Cash Flow)
-$18,862
Cash on Cash Return
-8.2%
Annual Revenue
AirDNA projects $302/night at 62% occupancy ($68,388).
Occupancy Rate
Avg Daily Rate
Return Metrics
-8.21% 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
-8.21%
Cap Rate
4.77%
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
$45,515
Deductible property tax
$9,494
Your total deduction
$155,889
Your adjusted annual income
$150,000 - $155,889 = -$5,889
Taxes on -$5,889 (30%)
-$1,766
Your old tax bill
$45,000
Your new tax bill
-$1,766
Estimated tax savings
$46,766
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