118 Lake Shore Dr Michigan City, Indiana, 46360
4 bed • 3.5 bath • 12 guests • $1,025,000
Annual Revenue
$97,188
Profit (Cash Flow)
$1,741
Cap Rate
6.9%
Annual Revenue
AirDNA projects $451/night at 59% occupancy ($97,188)
Occupancy Rate
Avg Daily Rate
Return Metrics
0.7% cash on cash return is a fair return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
0.7%
Cap Rate
6.91%
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
$48,648
Deductible property tax
$10,147
Your total deduction
$140,648
Your adjusted annual income
$150,000 - $140,648 = $9,352
Taxes on $9,352 (30%)
$2,806
Your old tax bill
$45,000
Your new tax bill
$2,806
Estimated tax savings
$42,194
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