1711 Merriman Ave
Charlotte, North Carolina, 28203-4320
3 bed • 2 bath • 6 guests • $675,000
Annual Revenue
$55,378
Profit (Cash Flow)
-$11,028
Cash on Cash Return
-6.7%
Annual Revenue
AirDNA projects $266/night at 57% occupancy ($55,378).
Occupancy Rate
Avg Daily Rate
Return Metrics
-6.73% 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
-6.73%
Cap Rate
5.11%
Tax Calculator
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
$32,036
Deductible property tax
$6,682
Your total deduction
$108,860
Your adjusted annual income
$150,000 - $108,860 = $41,139
Taxes on $41,139 (30%)
$12,341
Your old tax bill
$45,000
Your new tax bill
$12,341
Estimated tax savings
$32,658
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