705 23rd Ave S
North Myrtle Beach, South Carolina, 29582-4222
4 bed • 3 bath • 10 guests • $722,000
Annual Revenue
$88,315
Profit (Cash Flow)
$14,458
Cash on Cash Return
8.2%
Annual Revenue
AirDNA projects $372/night at 65% occupancy ($88,315).
Occupancy Rate
Avg Daily Rate
Return Metrics
8.17% cash on cash return is a solid return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
8.17%
Cap Rate
8.74%
Tax Calculator
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
$34,266
Deductible property tax
$7,147
Your total deduction
$91,247
Your adjusted annual income
$150,000 - $91,247 = $58,752
Taxes on $58,752 (30%)
$17,625
Your old tax bill
$45,000
Your new tax bill
$17,625
Estimated tax savings
$27,374
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