BNBCalc Short Term Rental Investment Analysis 912 Hillside Dr S, North Myrtle Beach, SC 29582, USA

3 bed • 3 bath • 8 guests • $649,000

BNB

Calc

Annual Revenue

$61,200

Profit (Cash Flow)

-$3,615

Cap Rate

6.2%

Annual Revenue

$61,200

AirDNA projects $284/night at 59% occupancy ($61,200).

BNB Calc projects a 59% occupancy rate, $284 rate per night.

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

Return Metrics

-2.28% 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)	-$3,615	-$7,230	-$10,845	-$14,460	-$18,076	-$36,152	-$108,457
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$519,200	$519,200	$519,200	$519,200	$519,200	$519,200	$519,200
Down Payment	$129,800	$129,800	$129,800	$129,800	$129,800	$129,800	$129,800
Property Appreciation	$19,470	$39,524	$60,179	$81,455	$103,368	$223,201	$926,293
Total Return	$664,854	$681,293	$698,334	$715,994	$734,292	$836,049	$1,466,835

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-2.28%

Cap Rate

6.18%

Return on Investment

14.06%

912 Hillside Dr S North Myrtle Beach, South Carolina, 29582

3 bed • 3 bath • 8 guests

Purchase Price

Est. $3,113/mo

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North Myrtle Beach

Guide

$61,200

Annual Revenue

Projected nightly rate is $284/night at 59% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$3,615

Profit

Revenue

$61,200

Operating Expenses

$21,036

Operating Income

$40,164

Mortgage & Taxes

$43,779

Profit (Cash Flow)

-$3,615

$158,020

Cash Investment

Down Payment

$129,800

Renos & Furnishing

$8,750

Closing Costs

$19,470

Total

$158,020

DSCR Ratio

Weak

0.92

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-2.28%

Cap Rate

6.18%

Return on Investment

14.06%

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

$30,802

Deductible property tax

$6,425

Your total deduction

$69,118

Your adjusted annual income

$150,000 - $69,118 = $80,882

Taxes on $80,882 (30%)

$24,265

Your old tax bill

$45,000

Your new tax bill

$24,265

Estimated tax savings

$20,735

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