BNBCalc Short Term Rental Investment Analysis 305 21st Ave S, Myrtle Beach, SC 29577, USA

3 bed • 2 bath • 8 guests • $399,000

BNB

Calc

Annual Revenue

$60,601

Profit (Cash Flow)

$12,728

Cap Rate

9.9%

Annual Revenue

$60,601

AirDNA projects $272/night at 61% occupancy ($60,601).

BNB Calc projects a 61% occupancy rate, $272 rate per night.

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

Return Metrics

12.69% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$12,727	$25,455	$38,183	$50,911	$63,639	$127,278	$381,835
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$319,200	$319,200	$319,200	$319,200	$319,200	$319,200	$319,200
Down Payment	$79,800	$79,800	$79,800	$79,800	$79,800	$79,800	$79,800
Property Appreciation	$11,970	$24,299	$36,998	$50,078	$63,550	$137,222	$569,477
Total Return	$423,697	$448,754	$474,181	$499,989	$526,189	$663,500	$1,350,312

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

12.69%

Cap Rate

9.93%

Return on Investment

28.54%

305 21st Ave S Myrtle Beach, South Carolina, 29577-4660

3 bed • 2 bath • 8 guests

Purchase Price

Est. $1,914/mo

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Myrtle Beach

Guide

$60,601

Annual Revenue

AirDNA projects $272/night at 61% occupancy ($60,601.28).

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$12,728

Profit

Revenue

$60,601

Operating Expenses

$20,958

Operating Income

$39,643

Mortgage & Taxes

$26,915

Profit (Cash Flow)

$12,728

$100,270

Cash Investment

Down Payment

$79,800

Renos & Furnishing

$8,500

Closing Costs

$11,970

Total

$100,270

DSCR Ratio

Strong

1.47

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

12.69%

Cap Rate

9.93%

Return on Investment

28.54%

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

$18,937

Deductible property tax

$3,950

Your total deduction

$74,597

Your adjusted annual income

$150,000 - $74,597 = $75,403

Taxes on $75,403 (30%)

$22,621

Your old tax bill

$45,000

Your new tax bill

$22,621

Estimated tax savings

$22,379

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com