6001 S Kings Hwy B4 Myrtle Beach, South Carolina
5 bed • 3 bath • 12 guests
Purchase Price
Est. $4,220/mo
$88,297
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $700
- Occupancy
- 35%
$5k
$50k
$95k
$140k
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Seasonality
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-$10,217
Profit
Revenue
$88,297
Operating Expenses
$34,430
Operating Income
$53,867
Mortgage & Taxes
$64,084
Profit (Cash Flow)
-$10,217
$231,250
Cash Investment
Down Payment
$190,000
Renos & Furnishing
$12,750
Closing Costs
$28,500
Total
$231,250
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-4.41%
Cap Rate
5.67%
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
$45,088
Deductible property tax
$9,405
Estimated gross deduction
$269,754
Your income tax rate
Estimated tax savings
$80,926
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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