311 6th Ave N
Myrtle Beach, South Carolina, 29577
4 bed • 3 bath • 12 guests • $719,000
Annual Revenue
$55,122
Profit (Cash Flow)
-$14,215
Cash on Cash Return
-8.1%
Annual Revenue
AirDNA projects $343/night at 44% occupancy ($55,122).
Occupancy Rate
Avg Daily Rate
Return Metrics
-8.07% 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
-8.07%
Cap Rate
4.76%
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
$34,124
Deductible property tax
$7,118
Your total deduction
$119,513
Your adjusted annual income
$150,000 - $119,513 = $30,486
Taxes on $30,486 (30%)
$9,146
Your old tax bill
$45,000
Your new tax bill
$9,146
Estimated tax savings
$35,853
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