504 Miller Ln
North Myrtle Beach, South Carolina, 29582
3 bed • 2 bath • 8 guests • $456,000
Annual Revenue
$59,980
Profit (Cash Flow)
$7,746
Cash on Cash Return
6.8%
Annual Revenue
AirDNA projects $322/night at 51% occupancy ($59,980).
Occupancy Rate
Avg Daily Rate
Return Metrics
6.83% 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
6.83%
Cap Rate
8.44%
Tax Calculator
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
$21,642
Deductible property tax
$4,514
Your total deduction
$60,109
Your adjusted annual income
$150,000 - $60,109 = $89,890
Taxes on $89,890 (30%)
$26,967
Your old tax bill
$45,000
Your new tax bill
$26,967
Estimated tax savings
$18,032
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