705 18th Ave S North Myrtle Beach, South Carolina, 29582-4085
6 bed • 4 bath • 20 guests • $864,000
Annual Revenue
$142,664
Profit (Cash Flow)
$52,166
Cap Rate
12.8%
Annual Revenue
AirDNA projects $532/night at 68% occupancy ($132,131)
Occupancy Rate
Avg Daily Rate
Return Metrics
24.4% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
24.4%
Cap Rate
12.78%
Tax Calculator (USA)
Your current annual Income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your estimated deduction will be...
Deductible mortgage interest
$41,006
Deductible property tax
$8,554
Your total deduction
$68,979
Your adjusted annual income
$150,000 - $68,979 = $81,021
Taxes on $81,021 (30%)
$24,306
Your old tax bill
$45,000
Your new tax bill
$24,306
Estimated tax savings
$20,694
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com