401 Luttie Rd Myrtle Beach, South Carolina
3 bed • 2 bath • 9 guests
Purchase Price
Est. $1,022/mo
$182,100
Zestimate
$49,250
Annual Revenue
Median of 15 selected comps
- Avg Daily Rate
- $305
- Occupancy
- 44%
$15k
$30k
$45k
$60k
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Seasonality
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$8,481
Profit
Revenue
$49,250
Operating Expenses
$25,254
Operating Income
$23,996
Mortgage & Taxes
$15,515
Profit (Cash Flow)
$8,481
$62,500
Cash Investment
Down Payment
$46,000
Renos & Furnishing
$9,600
Closing Costs
$6,900
Total
$62,500
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
13.56%
Cap Rate
10.43%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$10,916
Deductible property tax
$2,277
Estimated gross deduction
$67,263
Your income tax rate
Estimated tax savings
$20,179
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Property Overview
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