406 28th Ave N North Myrtle Beach, South Carolina
4 bed • 3 bath • 12 guests
Purchase Price
Est. $3,762/mo
$846,900
Zestimate
$81,094
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $593
- Occupancy
- 37%
$10k
$50k
$90k
$130k
Sign up to see the data on 50 all comparables
Seasonality
Sign up to view the full seasonality chart
-$8,772
Profit
Revenue
$81,094
Operating Expenses
$32,737
Operating Income
$48,357
Mortgage & Taxes
$57,129
Profit (Cash Flow)
-$8,772
$211,811
Cash Investment
Down Payment
$169,380
Renos & Furnishing
$17,024
Closing Costs
$25,407
Total
$211,811
DSCR Ratio
Weak
Get prequalified to make an offer
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Loading...
Cash on Cash Return
-4.14%
Cap Rate
5.7%
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
$40,195
Deductible property tax
$8,384
Estimated gross deduction
$242,176
Your income tax rate
Estimated tax savings
$72,653
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
Plan to claim the STR loophole?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.
Property Overview
Loading...