1521 N Michigan Ave Atlantic City, New Jersey, 08401-1722
3 bed • 1.5 bath • 6 guests
Est. $1,151/mo

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$50,572
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$13,888
Profit
Revenue
$50,572
Operating Expenses
$20,494
Operating Income
$30,077
Mortgage & Taxes
$16,190
Profit (Cash Flow)
$13,888
$63,575
Cash Investment
Down Payment
$48,000
Renos & Furnishing
$8,375
Closing Costs
$7,200
Total
$63,575
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
21.84%
Cap Rate
12.53%
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
$11,391
Deductible property tax
$2,376
Your total deduction
$11,044
Your adjusted annual income
$150,000 - $11,044 = $138,956
Taxes on $138,956 (30%)
$41,687
Your old tax bill
$45,000
Your new tax bill
$41,687
Estimated tax savings
$3,313
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