BNBCalc Short Term Rental Investment Analysis 510 21st Ave N, North Myrtle Beach, SC 29582, USA

3 bed • 3 bath • 10 guests • $699,000

BNB

Calc

Annual Revenue

$55,813

Profit (Cash Flow)

-$11,675

Cap Rate

5.1%

Annual Revenue

$55,813

AirDNA projects $259/night at 59% occupancy ($55,812).

BNB Calc projects a 59% occupancy rate, $259 rate per night.

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

Return Metrics

-6.88% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$11,675	-$23,350	-$35,025	-$46,700	-$58,375	-$116,750	-$350,252
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$559,200	$559,200	$559,200	$559,200	$559,200	$559,200	$559,200
Down Payment	$139,800	$139,800	$139,800	$139,800	$139,800	$139,800	$139,800
Property Appreciation	$20,970	$42,569	$64,816	$87,730	$111,332	$240,397	$997,656
Total Return	$708,294	$718,218	$728,790	$740,030	$751,957	$822,646	$1,346,403

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-6.88%

Cap Rate

5.07%

Return on Investment

9.53%

510 21st Ave N North Myrtle Beach, South Carolina, 29582-2313

3 bed • 3 bath • 10 guests

Purchase Price

Est. $3,353/mo

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North Myrtle Beach

Guide

$55,813

Annual Revenue

Projected nightly rate is $259/night at 59% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$11,675

Profit

Revenue

$55,813

Operating Expenses

$20,336

Operating Income

$35,477

Mortgage & Taxes

$47,152

Profit (Cash Flow)

-$11,675

$169,520

Cash Investment

Down Payment

$139,800

Renos & Furnishing

$8,750

Closing Costs

$20,970

Total

$169,520

DSCR Ratio

Weak

0.75

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-6.88%

Cap Rate

5.07%

Return on Investment

9.53%

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

$33,175

Deductible property tax

$6,920

Your total deduction

$82,131

Your adjusted annual income

$150,000 - $82,131 = $67,869

Taxes on $67,869 (30%)

$20,361

Your old tax bill

$45,000

Your new tax bill

$20,361

Estimated tax savings

$24,639

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