407 Luttie Rd Myrtle Beach, South Carolina
3 bed • 2 bath • 9 guests
Purchase Price
Est. $1,042/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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$3,563
Profit
Revenue
$49,252
Operating Expenses
$25,254
Operating Income
$23,998
Mortgage & Taxes
$20,435
Profit (Cash Flow)
$3,563
$59,061
Cash Investment
Down Payment
$46,900
Renos & Furnishing
$10,168
Closing Costs
$1,993
Total
$59,061
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
6.03%
Cap Rate
10.23%
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
$16,779
Deductible property tax
$2,322
Estimated gross deduction
$74,342
Your income tax rate
Estimated tax savings
$22,303
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Property Overview
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