1189 Ridgeline Dr Boyne City, Michigan, 49712-8700
5 bed • 5 bath • 15 guests
Est. $5,756/mo

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$182,622
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$64,853
Profit
Revenue
$182,622
Operating Expenses
$36,821
Operating Income
$145,801
Mortgage & Taxes
$80,948
Profit (Cash Flow)
$64,853
$289,250
Cash Investment
Down Payment
$240,000
Renos & Furnishing
$13,250
Closing Costs
$36,000
Total
$289,250
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
22.42%
Cap Rate
12.15%
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
$56,953
Deductible property tax
$11,880
Your total deduction
$55,858
Your adjusted annual income
$150,000 - $55,858 = $94,142
Taxes on $94,142 (30%)
$28,243
Your old tax bill
$45,000
Your new tax bill
$28,243
Estimated tax savings
$16,757
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