1018 W Main St Honey Grove, Texas, 75446-1514
6 bed • 2 bath • 12 guests • $495,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$31,024
Profit (Cash Flow)
-$20,073
Cap Rate
2.7%
Annual Revenue
AirDNA projects $137/night at 62% occupancy ($31,023).
Occupancy Rate
Avg Daily Rate
Return Metrics
-15.63% cash on cash return is a poor return over the next 1 year
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-15.63%
Cap Rate
2.68%
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
$23,493
Deductible property tax
$4,900
Your total deduction
$90,614
Your adjusted annual income
$150,000 - $90,614 = $59,386
Taxes on $59,386 (30%)
$17,816
Your old tax bill
$45,000
Your new tax bill
$17,816
Estimated tax savings
$27,184
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