120 Howell Rd Lake Lure, North Carolina, 28746-8703
3 bed • 2 bath • 6 guests
Est. $1,991/mo

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$56,321
Annual Revenue
Projected nightly rate is $257/night at 60% occupancy.
Top 101% of comparables
Top 101% of comparables
$7,924
Profit
Revenue
$56,321
Operating Expenses
$20,402
Operating Income
$35,919
Mortgage & Taxes
$27,995
Profit (Cash Flow)
$7,924
$103,950
Cash Investment
Down Payment
$83,000
Renos & Furnishing
$8,500
Closing Costs
$12,450
Total
$103,950
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
7.62%
Cap Rate
8.65%
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
$19,696
Deductible property tax
$4,109
Your total deduction
$34,362
Your adjusted annual income
$150,000 - $34,362 = $115,638
Taxes on $115,638 (30%)
$34,691
Your old tax bill
$45,000
Your new tax bill
$34,691
Estimated tax savings
$10,309
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