409 Surf St
North Myrtle Beach, South Carolina, 29582
3 bed • 2 bath • 8 guests • $585,000
Annual Revenue
$63,862
Profit (Cash Flow)
$2,424
Cash on Cash Return
1.7%
Annual Revenue
AirDNA projects $269/night at 65% occupancy ($63,862).
Occupancy Rate
Avg Daily Rate
Return Metrics
1.69% cash on cash return is a fair return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
1.69%
Cap Rate
7.15%
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
$27,764
Deductible property tax
$5,791
Your total deduction
$83,089
Your adjusted annual income
$150,000 - $83,089 = $66,910
Taxes on $66,910 (30%)
$20,073
Your old tax bill
$45,000
Your new tax bill
$20,073
Estimated tax savings
$24,926
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