6000 N Ocean Blvd North Myrtle Beach, South Carolina
2 bed • 2 bath • 6 guests
Purchase Price
Est. $444/mo
$33,974
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $228
- Occupancy
- 41%
$5k
$30k
$55k
$80k
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Seasonality
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$5,564
Profit
Revenue
$33,974
Operating Expenses
$21,664
Operating Income
$12,310
Mortgage & Taxes
$6,746
Profit (Cash Flow)
$5,564
$30,376
Cash Investment
Down Payment
$20,000
Renos & Furnishing
$7,376
Closing Costs
$3,000
Total
$30,376
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
18.31%
Cap Rate
12.31%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$4,746
Deductible property tax
$990
Estimated gross deduction
$30,205
Your income tax rate
Estimated tax savings
$9,062
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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