424 7th Ave S North Myrtle Beach, South Carolina, 29582
5 bed • 5.5 bath • 14 guests • $925,000
Annual Revenue
$108,295
Profit (Cash Flow)
$18,149
Cap Rate
8.7%
Annual Revenue
AirDNA projects $593/night at 50% occupancy ($108,295)
Occupancy Rate
Avg Daily Rate
Return Metrics
8.02% cash on cash return is a solid return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
8.02%
Cap Rate
8.7%
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 estimated deduction will be...
Deductible mortgage interest
$43,901
Deductible property tax
$9,158
Your total deduction
$111,032
Your adjusted annual income
$150,000 - $111,032 = $38,968
Taxes on $38,968 (30%)
$11,690
Your old tax bill
$45,000
Your new tax bill
$11,690
Estimated tax savings
$33,310
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