1400 Ocean Blvd Isle of Palms, South Carolina, 29451
2 bed • 2 bath • 6 guests
Est. $2,877/mo
Inquire about this property
Contact
BNBCalc
$1,563,600
Zestimate
$89,670
Annual Revenue
BNBCalc predicts this property will get $285 per night with 66% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.
Top 61% of comparables
Top 21% of comparables
Seasonality
Sign up to view the full seasonality chart
40
Airbnb Comparables
Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.
$72,123
Avg annual revenue
66%
Avg occupancy rate
$285
Avg nightly rate
Any type
House
Apartment
Any min stay
Weekly min
Monthly min
Revenue per year
$20k
$65k
$105k
$155k
Sign up to see the data on 40 all comparables
$23,865
Profit
Revenue
$89,670
Operating Expenses
$25,337
Operating Income
$64,333
Mortgage & Taxes
$40,467
Profit (Cash Flow)
$23,865
$144,477
Cash Investment
Down Payment
$119,980
Renos & Furnishing
$6,500
Closing Costs
$17,997
Total
$144,477
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
16.51%
Cap Rate
10.72%
STR 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 est deduction will be...
Deductible mortgage interest
$28,472
Deductible property tax
$5,939
Your total deduction
$41,140
Your adjusted annual income
$150,000 - $41,140 = $108,860
Taxes on $108,860 (30%)
$32,658
Your old tax bill
$45,000
Your new tax bill
$32,658
Estimated tax savings
$12,342
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:
1981
Size:
960 sqft
Type:
CONDO
Parking:
-
Heating:
Heat Pump
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: Condominium Unit (Residential)
- Stories: 1
- Lot size: -
- Building area: 960 sqft
- Garage: No
- Heating: Heat pump
- Pool: No
- Fireplaces: -
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 568-12-00-206
- Flood Zone: Yes, Zone 0.2
Tax Info
- Year Assessed: 2024
- Assessed Value: $15,070
- County Est. Land Value: $97,100
- Assessed Land Value: -
- County Est. Structure Value: $291,200
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 12/10/19 | $0 | 0% | Palmetto Coastal Property Llc |
| 03/05/19 | $0 | 0% | Richard C Morris, Richard C Morris Revocable Trust |
Ownership
- Name: Palmetto Coastal Property Llc
- Owner Occupied: No
- Owner Mailing Address: 2225 Lakeside Dr, Orlando, FL 32803
- Years Owned: 59
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: -
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No
Schools
- Elementary School: Sullivans Island Elementary School with 8/10 star rating