BNBCalc Short Term Rental Investment Analysis 30 Firethorn Ln

4 bed • 5 bath • 14 guests • $1,949,000

BNB

Calc

Report by:

Zach Rawson

zachraws17@gmail.com

Annual Revenue

$166,442

Profit (Cash Flow)

-$349

Cap Rate

6.7%

Annual Revenue

$166,442

AirDNA projects $1,085/night at 42% occupancy ($166,441).

BNB Calc projects a 42% occupancy rate, $1,085 rate per night.

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

Return Metrics

-0.07% 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)	-$349	-$698	-$1,047	-$1,396	-$1,745	-$3,491	-$10,473
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$19,147	$39,475	$61,057	$83,970	$108,296	$254,372	$1,559,200
Down Payment	$389,800	$389,800	$389,800	$389,800	$389,800	$389,800	$389,800
Property Appreciation	$58,470	$118,694	$180,724	$244,616	$310,425	$670,293	$2,781,734
Total Return	$467,068	$547,271	$630,534	$716,990	$806,775	$1,310,973	$4,720,260

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-0.07%

Cap Rate

6.72%

Return on Investment

16.81%

30 Firethorn Ln Hilton Head Island, South Carolina, 29928

4 bed • 5 bath • 14 guests

Purchase Price

Est. $9,348/mo

This property is for sale!

Contact Agent

$166,442

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$349

Profit

Revenue

$166,442

Operating Expenses

$35,317

Operating Income

$131,124

Mortgage & Taxes

$131,473

Profit (Cash Flow)

-$349

$459,520

Cash Investment

Down Payment

$389,800

Renos & Furnishing

$11,250

Closing Costs

$58,470

Total

$459,520

DSCR Ratio

Weak

1.00

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-0.07%

Cap Rate

6.72%

Return on Investment

16.81%

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

$92,502

Deductible property tax

$19,295

Your total deduction

$170,670

Your adjusted annual income

$150,000 - $170,670 = -$20,670

Taxes on -$20,670 (30%)

-$6,201

Your old tax bill

$45,000

Your new tax bill

-$6,201

Estimated tax savings

$51,201

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:

1999

Size:

2,759 sqft

Type:

SFR

Parking:

Heating:

HEAT PUMP

Sold Comparables

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 1

Lot size: -

Building area: 2,759 sqft

Garage: Yes

Heating: Heat pump

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: 4115

Land Use: Residential

Parcel Number: R550 018 000 0165 0000

Flood Zone: Yes, Zone 0.2

Tax Info

Year Assessed: 2022

Assessed Value: $42,000

County Est. Land Value: $400,000

Assessed Land Value: $16,000

County Est. Structure Value: $650,000

Market Estimate: $1,686,137

Sale history

Date	Sale Price	% Financed	Buyer
02/24/21	$1,050,000	52%	Douglas Fair, Claudine Schwartz Fair
02/15/18	$760,000	88%	Anthony J Riggle, Kimberly L Riggle
10/02/15	$0	0%	Williamson,Donald G Living Trust
02/03/14	$0	0%	Donald G Williamson

Ownership

Name: Douglas Fair

Owner Occupied: Yes

Owner Mailing Address: 30 Firethorn Ln, Hilton Head Island, Sc 29928

Years Owned: 35

Home Equity: $1,067,750

Mortgage Balance Remaining: $548,250

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Schools

Elementary School: Hilton Head Island School For The Creative Arts with 4/10 star rating
Middle School: Hilton Head Island Middle School with 5/10 star rating
High School: Hilton Head Island High School with 7/10 star rating