1354 E Lone Pine Rd Custer, Michigan
2 bed • 1 bath • 6 guests
Purchase Price
Est. $999/mo
$224,800
Zestimate
$55,366
Annual Revenue
Median of 24 comps selected by Drew, creator of this analysis.
- Avg Daily Rate
- $337
- Occupancy
- 45%
$15k
$80k
$145k
$215k
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Seasonality
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$13,511
Profit
Revenue
$55,366
Operating Expenses
$26,691
Operating Income
$28,675
Mortgage & Taxes
$15,164
Profit (Cash Flow)
$13,511
$56,984
Cash Investment
Down Payment
$44,960
Renos & Furnishing
$5,280
Closing Costs
$6,744
Total
$56,984
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
23.7%
Cap Rate
12.75%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$10,669
Deductible property tax
$2,226
Estimated gross deduction
$64,511
Your income tax rate
Estimated tax savings
$19,353
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Property Overview
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