118 Lake Shore Dr Michigan City, Indiana, 46360
4 bed • 3.5 bath • 12 guests
Est. $4,916/mo

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$97,188
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$2,330
Profit
Revenue
$97,188
Operating Expenses
$25,714
Operating Income
$71,473
Mortgage & Taxes
$69,143
Profit (Cash Flow)
$2,330
$246,625
Cash Investment
Down Payment
$205,000
Renos & Furnishing
$10,875
Closing Costs
$30,750
Total
$246,625
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
0.94%
Cap Rate
6.97%
STR 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
$48,648
Deductible property tax
$10,147
Your total deduction
$100,716
Your adjusted annual income
$150,000 - $100,716 = $49,284
Taxes on $49,284 (30%)
$14,785
Your old tax bill
$45,000
Your new tax bill
$14,785
Estimated tax savings
$30,215
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