122 Stewart Lake Cv Unit 186 Miramar Beach FL 32550 Miramar Beach, FL, 32550
1 bed • 1 bath • 4 guests
Est. $2,206/mo
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$377,800
Zestimate
$44,377
Annual Revenue
This property is projected to be in the top 43% revenue percentile compared to similar properties nearby.
Projected nightly rate is $216/night at 67% occupancy.Projected nightly rate is $162/night at 75% occupancy.
Top 41% of comparables
Top 41% of comparables
Seasonality
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-$5,502
Profit
Revenue
$44,377
Operating Expenses
$18,849
Operating Income
$25,528
Mortgage & Taxes
$31,030
Profit (Cash Flow)
-$5,502
$110,050
Cash Investment
Down Payment
$92,000
Renos & Furnishing
$4,250
Closing Costs
$13,800
Total
$110,050
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-4.99%
Cap Rate
5.54%
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
$21,832
Deductible property tax
$4,554
Your total deduction
$51,660
Your adjusted annual income
$150,000 - $51,660 = $98,340
Taxes on $98,340 (30%)
$29,502
Your old tax bill
$45,000
Your new tax bill
$29,502
Estimated tax savings
$15,498
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
714 sqft
Year built:
-
Size:
-
Type:
CONDO
Parking:
-
Heating:
NONE
Sold Comparables
| Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|---|
| 313 Sunset Bay Unit 30d | 1 | 1 | 0 | - | 1,053 | - | $350,000 | 34 |
| 1200 Scenic Gulf Dr # B803 | - | - | 0 | - | 0 | - | $0 | - |
| 112 Seascape Dr Unit 2405 | 4 | 3 | 0 | - | 0 | - | $1,150,000 | 222 |
| 112 Seascape Dr Unit 706 | 1 | 1 | 0 | - | 0 | - | $465,000 | 47 |
| 1272 Scenic Gulf Dr Unit 901 | 3 | 3 | 0 | - | 0 | - | $1,500,000 | 136 |
| 1272 Scenic Gulf Dr Unit 904 | - | - | 0 | - | 0 | - | $0 | - |
| 1160 Scenic Gulf Dr # A901 | 3 | 3 | 0 | - | 0 | - | $1,020,000 | 32 |
| 885 Seascape Dr Unit 303 | - | - | 0 | - | 844 | - | $700,000 | - |
| 675 Scenic Gulf Dr Unit 603c | 2 | 2 | 0 | - | 777 | - | $750,000 | 94 |
| 675 Scenic Gulf Dr Unit 502d | 2 | 2 | 0 | - | 777 | - | $800,000 | 110 |
Property Details
- MLS Status: N/A
- Property Use: Condominium
- Stories: 0
- Lot size: 714 sqft
- Building area: -
- Garage: No
- Heating: None
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 29-2S-21-42760-000-0186
- Flood Zone: Yes, Zone 0.2
Tax Info
- Year Assessed: 2022
- Assessed Value: $198,340
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: $198,340
Market Estimate: $797,882
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 05/27/21 | $305,000 | 74% | Mh Consulting Llc |
| 12/20/20 | $0 | 0% | Kevin L Cammack, Casey K Cammack |
| 12/20/20 | $0 | 0% | Kevin L Cammack, Casey K Cammack |
| 11/01/05 | $286,700 | 101% | Bruce Calabrese, Cecelia M Calabrese |
| Invalid Date | $0 | 0% | Catherine H Welch |
| Invalid Date | $95,000 | 0% | Earl Stevenson, Barbara J Stevenson |
Ownership
- Name: Mh Consulting Llc
- Owner Occupied: No
- Owner Mailing Address: 7708 E Sandalwood Dr, Scottsdale, Az 85250
- Years Owned: 31
- Home Equity: $163,950
- Mortgage Balance Remaining: $228,750
- Financed amount: -
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No