1414 15th St Galveston, Texas, 77550-8101
3 bed • 2 bath • 6 guests • $499,000
Annual Revenue
$43,555
Profit (Cash Flow)
-$9,447
Cap Rate
4.9%
Annual Revenue
AirDNA projects $265/night at 45% occupancy ($43,555)
Occupancy Rate
Avg Daily Rate
Return Metrics
-7.66% cash on cash return is a poor return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-7.66%
Cap Rate
4.85%
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
$23,683
Deductible property tax
$4,940
Your total deduction
$79,377
Your adjusted annual income
$150,000 - $79,377 = $70,623
Taxes on $70,623 (30%)
$21,187
Your old tax bill
$45,000
Your new tax bill
$21,187
Estimated tax savings
$23,813
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com