BNBCalc Short Term Rental Investment Analysis 6253 Catalina Drive apt 311, North Myrtle Beach, SC, USA

3 bed • 2 bath • 9 guests • $198,000

BNB

Calc

Report by:

Chad Phillis

Chad Phillis / Founder & Owner at Checkmate Rentals

+17245847822

chad@checkmaterentals.com

https://www.checkmaterentals.com/

Annual Revenue

$49,527

Profit (Cash Flow)

$16,652

Cap Rate

15.2%

Annual Revenue

$49,527

AirDNA projects $226/night at 60% occupancy ($49,527).

BNB Calc projects a 60% occupancy rate, $226 rate per night.

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

Return Metrics

30.81% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$16,652	$33,304	$49,956	$66,608	$83,260	$166,521	$499,563
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,945	$4,010	$6,202	$8,530	$11,001	$25,841	$158,400
Down Payment	$39,600	$39,600	$39,600	$39,600	$39,600	$39,600	$39,600
Property Appreciation	$5,940	$12,058	$18,359	$24,850	$31,536	$68,095	$282,597
Total Return	$64,137	$88,972	$114,119	$139,589	$165,398	$300,058	$980,161

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

30.81%

Cap Rate

15.15%

Return on Investment

45.4%

6253 Catalina Dr North Myrtle Beach, South Carolina, 29582

3 bed • 2 bath • 9 guests

Purchase Price

Est. $950/mo

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Contact Chad

Chad Phillis / Founder & Owner at Checkmate Rentals

North Myrtle Beach

Guide

$49,527

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$16,652

Profit

Revenue

$49,527

Operating Expenses

$19,519

Operating Income

$30,009

Mortgage & Taxes

$13,356

Profit (Cash Flow)

$16,652

$54,040

Cash Investment

Down Payment

$39,600

Renos & Furnishing

$8,500

Closing Costs

$5,940

Total

$54,040

DSCR Ratio

Strong

2.25

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

30.81%

Cap Rate

15.15%

Return on Investment

45.4%

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

$9,397

Deductible property tax

$1,960

Your total deduction

$4,136

Your adjusted annual income

$150,000 - $4,136 = $145,864

Taxes on $145,864 (30%)

$43,759

Your old tax bill

$45,000

Your new tax bill

$43,759

Estimated tax savings

$1,241

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

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

Year built:

Size:

Type:

CONDO

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: CONDO

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -