16411 Riverline Dr Wolverine, Michigan, 49799-9698
2 bed • 1 bath • 6 guests • $359,900
Annual Revenue
$32,346
Profit (Cash Flow)
-$9,815
Cap Rate
4.0%
Annual Revenue
AirDNA projects $164/night at 54% occupancy ($32,346)
Occupancy Rate
Avg Daily Rate
Return Metrics
-11.02% 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
-11.02%
Cap Rate
4.01%
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
$17,081
Deductible property tax
$3,563
Your total deduction
$60,276
Your adjusted annual income
$150,000 - $60,276 = $89,724
Taxes on $89,724 (30%)
$26,917
Your old tax bill
$45,000
Your new tax bill
$26,917
Estimated tax savings
$18,083
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