1607 Canal Dr Carolina Beach, North Carolina, 28428
4 bed • 5 bath • 12 guests
Est. $4,557/mo

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$113,386
Annual Revenue
Projected nightly rate is $597/night at 52% occupancy.
Top 101% of comparables
Top 101% of comparables
$21,482
Profit
Revenue
$113,386
Operating Expenses
$27,820
Operating Income
$85,566
Mortgage & Taxes
$64,084
Profit (Cash Flow)
$21,482
$229,750
Cash Investment
Down Payment
$190,000
Renos & Furnishing
$11,250
Closing Costs
$28,500
Total
$229,750
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
9.35%
Cap Rate
9%
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
$45,088
Deductible property tax
$9,405
Your total deduction
$74,185
Your adjusted annual income
$150,000 - $74,185 = $75,815
Taxes on $75,815 (30%)
$22,744
Your old tax bill
$45,000
Your new tax bill
$22,744
Estimated tax savings
$22,256
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