305 59th Ave N
North Myrtle Beach, South Carolina, 29582
5 bed • 3 bath • 12 guests • $899,000
Annual Revenue
$105,172
Profit (Cash Flow)
$17,183
Cash on Cash Return
7.8%
Annual Revenue
AirDNA projects $443/night at 65% occupancy ($105,172).
Occupancy Rate
Avg Daily Rate
Return Metrics
7.82% cash on cash return is a solid return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
7.82%
Cap Rate
8.65%
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
$42,667
Deductible property tax
$8,900
Your total deduction
$114,028
Your adjusted annual income
$150,000 - $114,028 = $35,971
Taxes on $35,971 (30%)
$10,791
Your old tax bill
$45,000
Your new tax bill
$10,791
Estimated tax savings
$34,208
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