42 S Forest Beach Dr Hilton Head Island, South Carolina, 29928
3 bed • 2 bath • 9 guests
Est. $2,456/mo

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$530,100
Zestimate
Airbnb Investor Score
-$1,745
Annual Profit
6.4%
Cap Rate
-1.4%
Cash on Cash
$53,417
Annual Revenue
This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $290/night at 57% occupancy.Projected nightly rate is $225/night at 65% occupancy.
Top 53% of comparables
Top 48% of comparables
Seasonality
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40
Airbnb Comparables
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$55,568
Avg annual revenue
65%
Avg occupancy rate
$225
Avg nightly rate
Any type
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Apartment
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Revenue per year
$25k
$55k
$85k
$115k
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-$1,745
Profit
Revenue
$53,417
Operating Expenses
$20,624
Operating Income
$32,793
Mortgage & Taxes
$34,538
Profit (Cash Flow)
-$1,745
$126,260
Cash Investment
Down Payment
$102,400
Renos & Furnishing
$8,500
Closing Costs
$15,360
Total
$126,260
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-1.38%
Cap Rate
6.4%
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
$24,300
Deductible property tax
$5,069
Your total deduction
$53,641
Your adjusted annual income
$150,000 - $53,641 = $96,359
Taxes on $96,359 (30%)
$28,908
Your old tax bill
$45,000
Your new tax bill
$28,908
Estimated tax savings
$16,092
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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