1521 N Michigan Ave
Atlantic City, New Jersey, 08401-1722
3 bed • 1.5 bath • 6 guests • $240,000
Annual Revenue
$50,572
Profit (Cash Flow)
$13,889
Cap Rate
12.5%
Annual Revenue
AirDNA projects $322/night at 43% occupancy ($50,572)
Occupancy Rate
Avg Daily Rate
Return Metrics
21.84% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
21.84%
Cap Rate
12.53%
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
$11,391
Deductible property tax
$2,376
Your total deduction
$20,569
Your adjusted annual income
$150,000 - $20,569 = $129,431
Taxes on $129,431 (30%)
$38,829
Your old tax bill
$45,000
Your new tax bill
$38,829
Estimated tax savings
$6,171
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