BNBCalc.com Investment Analysis Report of 7037 Turtle Cove Dr, Myrtle Beach, SC 29579, USA

4 bed • 3.5 bath • 12 guests • $769,000

BNB

Calc

Return Metrics

-12.61% cash on cash return is a poor return over the next 1 year.

Investment Value Over Time

Property Appreciation Assumption:

Revenue Appreciation Assumption:

Cash on Cash Return

-12.61%

Cap Rate

3.66%

Return on Investment

3.7%

Annual Revenue

$48,125

AirDNA projects $216/night at 61% occupancy ($48,124).

Revenue Percentile

Operating Expenses

Monthly Expenses

$1,661

Annual Expenses

$19,936

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,101

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$401

Management & Platform Fees

$120

Platform Fee (i.e. Airbnb)

$120

Property Manager Fee

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$36,498

Deductible property tax

$7,613

Est. Depreciation Value

$361,134

Profit on this property

$28,188

Your total deduction

$377,056

So, your new taxable income is your previous income minus your total deduction ($150,000 - $377,056)

-$227,056

Your old tax bill

$45,000

Your new tax bill

-$68,117

Estimated tax savings

$113,117

7037 Turtle Cove Dr Myrtle Beach, South Carolina, 29579-5282

4 bed • 3.5 bath • 12 guests • $769,000

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Annual Revenue

$48,125

Profit (Cash Flow)

-$23,676

Cap Rate

3.7%

Annual Revenue

$48,125

AirDNA projects $216/night at 61% occupancy ($48,125)

Occupancy Rate

Avg Daily Rate

Return Metrics

-12.61% cash on cash return is a poor return over the next 1 year.

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-12.61%

Cap Rate

3.66%

Return on Investment

3.7%

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 estimated deduction will be...

Deductible mortgage interest

$36,498

Deductible property tax

$7,613

Your total deduction

$131,026

Your adjusted annual income

$150,000 - $131,026 = $18,974

Taxes on $18,974 (30%)

$5,692

Your old tax bill

$45,000

Your new tax bill

$5,692

Estimated tax savings

$39,308

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