42 S Forest Beach Dr 3020 Hilton Head Island, South Carolina, 29928
2 bed • 2 bath • 6 guests
Est. $2,158/mo

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$532,000
Zestimate
Airbnb Investor Score
$235
Annual Profit
6.8%
Cap Rate
0.2%
Cash on Cash
$50,886
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $231/night at 48% occupancy.Projected nightly rate is $149/night at 70% occupancy.
Top 26% of comparables
Top 26% of comparables
Seasonality
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40
Airbnb Comparables
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$40,351
Avg annual revenue
70%
Avg occupancy rate
$149
Avg nightly rate
Any type
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Apartment
Any min stay
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Revenue per year
$15k
$45k
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$105k
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$235
Profit
Revenue
$50,886
Operating Expenses
$20,295
Operating Income
$30,591
Mortgage & Taxes
$30,356
Profit (Cash Flow)
$235
$110,000
Cash Investment
Down Payment
$90,000
Renos & Furnishing
$6,500
Closing Costs
$13,500
Total
$110,000
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
0.21%
Cap Rate
6.79%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$21,357
Deductible property tax
$4,455
Your total deduction
$45,243
Your adjusted annual income
$150,000 - $45,243 = $104,757
Taxes on $104,757 (30%)
$31,427
Your old tax bill
$45,000
Your new tax bill
$31,427
Estimated tax savings
$13,573
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
-
Size:
1,600 sqft
Type:
TOWNHOUSE
Parking:
-
Heating:
-
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: TOWNHOUSE
- Stories: -
- Lot size: -
- Building area: 1,600 sqft
- Garage: No
- Heating:
- Pool: No
- Fireplaces: -
- Basement: No
- Cooling: Central Air
- View: -
- Parking: Off Street
- Amenities: Dryer, Washer
- Price per square foot: $331
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: R553018000067F3260
- Flood Zone: Yes, Zone High risk: Special Flood Hazard Area (SFHA), high flood risk
Tax Info
- Year Assessed: 2023
- Assessed Value: $470,900
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $530,100
Schools
- Middle School: Hilton Head Island Middle School with 4/10 star rating
- High School: Hilton Head Island High School with 6/10 star rating