1049 Woodburn Rd Spartanburg, South Carolina, 29302-2867
1 bed • 1 bath • 3 guests • $400,000
Annual Revenue
$24,698
Profit (Cash Flow)
-$19,169
Cap Rate
2.0%
Annual Revenue
AirDNA projects $98/night at 69% occupancy ($24,698)
Occupancy Rate
Avg Daily Rate
Return Metrics
-19.91% 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
-19.91%
Cap Rate
1.95%
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 estimated deduction will be...
Deductible mortgage interest
$18,984
Deductible property tax
$3,960
Your total deduction
$74,739
Your adjusted annual income
$150,000 - $74,739 = $75,261
Taxes on $75,261 (30%)
$22,578
Your old tax bill
$45,000
Your new tax bill
$22,578
Estimated tax savings
$22,422
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