BNBCalc Short Term Rental Investment Analysis 609 Hillside Dr, North Myrtle Beach, SC 29582, USA

2 bed • 2 bath • 6 guests • $360,000

BNB

Calc

Annual Revenue

$41,232

Profit (Cash Flow)

-$1,492

Cap Rate

6.3%

Annual Revenue

$41,232

AirDNA projects $213/night at 53% occupancy ($41,232).

BNB Calc projects a 53% occupancy rate, $213 rate per night.

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

Return Metrics

-1.67% 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)	-$1,492	-$2,984	-$4,476	-$5,969	-$7,461	-$14,922	-$44,768
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$3,536	$7,291	$11,277	$15,510	$20,003	$46,985	$288,000
Down Payment	$72,000	$72,000	$72,000	$72,000	$72,000	$72,000	$72,000
Property Appreciation	$10,800	$21,924	$33,381	$45,183	$57,338	$123,809	$513,814
Total Return	$84,844	$98,230	$112,182	$126,724	$141,880	$227,872	$829,046

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-1.67%

Cap Rate

6.33%

Return on Investment

14.38%

609 Hillside Dr North Myrtle Beach, South Carolina, 29582

2 bed • 2 bath • 6 guests

Purchase Price

Est. $1,727/mo

Inquire about this property

Contact Agent

North Myrtle Beach

Guide

$41,232

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$1,492

Profit

Revenue

$41,232

Operating Expenses

$18,440

Operating Income

$22,792

Mortgage & Taxes

$24,284

Profit (Cash Flow)

-$1,492

$89,300

Cash Investment

Down Payment

$72,000

Renos & Furnishing

$6,500

Closing Costs

$10,800

Total

$89,300

DSCR Ratio

Weak

0.94

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-1.67%

Cap Rate

6.33%

Return on Investment

14.38%

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

$17,086

Deductible property tax

$3,564

Your total deduction

$38,054

Your adjusted annual income

$150,000 - $38,054 = $111,946

Taxes on $111,946 (30%)

$33,584

Your old tax bill

$45,000

Your new tax bill

$33,584

Estimated tax savings

$11,416

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