407 Luttie Rd Myrtle Beach, South Carolina
3 bed • 2 bath • 9 guests
Purchase Price
Est. $1,044/mo
$244,500
Zestimate
$49,252
Annual Revenue
Median of 16 selected comps
- Avg Daily Rate
- $304
- Occupancy
- 44%
$15k
$30k
$45k
$60k
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Seasonality
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$3,519
Profit
Revenue
$49,252
Operating Expenses
$25,254
Operating Income
$23,998
Mortgage & Taxes
$20,479
Profit (Cash Flow)
$3,519
$64,218
Cash Investment
Down Payment
$47,000
Renos & Furnishing
$10,168
Closing Costs
$7,050
Total
$64,218
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
5.47%
Cap Rate
10.21%
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
$16,814
Deductible property tax
$2,327
Estimated gross deduction
$74,494
Your income tax rate
Estimated tax savings
$22,348
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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