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Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

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BNBCalc Short Term Rental Investment Analysis 4607 Lewis Cir, North Myrtle Beach, SC 29582, USA

4 bed • 3 bath • 14 guests • $949,000

BNB

Calc

Report by:

aaron@savvy.realty

Annual Revenue

$121,623

Profit (Cash Flow)

$28,715

Cap Rate

9.8%

Annual Revenue

$121,623

AirDNA projects $497/night at 67% occupancy ($121,622).

BNB Calc projects a 67% occupancy rate, $497 rate per night.

Revenue Percentile (property's earnings compare to others in the market}


Return Metrics

12.53% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$28,715$57,430$86,145$114,860$143,575$287,151$861,453
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$9,323$19,221$29,729$40,886$52,731$123,857$759,200
Down Payment$189,800$189,800$189,800$189,800$189,800$189,800$189,800
Property Appreciation$28,470$57,794$87,997$119,107$151,151$326,376$1,354,472
Total Return$256,308$324,245$393,672$464,654$537,257$927,185$3,164,925

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

12.53%

Cap Rate

9.77%

Return on Investment

29.04%

property-location

4607 Lewis Cir North Myrtle Beach, South Carolina, 29582-5365

4 bed • 3 bath • 14 guests

Est. $4,552/mo

Agent

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$121,623

Annual Revenue

Top 101% of comparables

Top 101% of comparables


$28,715

Profit

Revenue

$121,623

Operating Expenses

$28,891

Operating Income

$92,732

Mortgage & Taxes

$64,017

Profit (Cash Flow)

$28,715

$229,020

Cash Investment

Down Payment

$189,800

Renos & Furnishing

$10,750

Closing Costs

$28,470

Total

$229,020

DSCR Ratio

Strong

1.45

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Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

12.53%

Cap Rate

9.77%

Profit (Cummulative)

$28,715

$9,323

$10,750

$28,470

$0

Total Gain

$66,508

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

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

$45,041

Deductible property tax

$9,395

Your total deduction

$66,784

Your adjusted annual income

$150,000 - $66,784 = $83,216


Taxes on $83,216 (30%)

$24,965

Your old tax bill

$45,000

Your new tax bill

$24,965


Estimated tax savings

$20,035

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com