117 Chinkapin Ridge Rd
Banner Elk, North Carolina, 28604-8442
4 bed • 4 bath • 16 guests • $700,000
Annual Revenue
$116,422
Profit (Cash Flow)
$37,399
Cap Rate
13.2%
Annual Revenue
AirDNA projects $383/night at 47% occupancy ($65,748)
Occupancy Rate
Avg Daily Rate
Return Metrics
65.04% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
65.04%
Cap Rate
13.16%
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
$39,452
Deductible property tax
$6,930
Your total deduction
$57,378
Your adjusted annual income
$150,000 - $57,378 = $92,622
Taxes on $92,622 (30%)
$27,787
Your old tax bill
$45,000
Your new tax bill
$27,787
Estimated tax savings
$17,213
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