1711 Merriman Ave Charlotte, North Carolina, 28203-4320
3 bed • 2 bath • 6 guests
Est. $3,238/mo

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$55,378
Annual Revenue
Top 101% of comparables
Top 101% of comparables
-$10,434
Profit
Revenue
$55,378
Operating Expenses
$20,279
Operating Income
$35,099
Mortgage & Taxes
$45,533
Profit (Cash Flow)
-$10,434
$163,750
Cash Investment
Down Payment
$135,000
Renos & Furnishing
$8,500
Closing Costs
$20,250
Total
$163,750
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-6.37%
Cap Rate
5.19%
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
$32,036
Deductible property tax
$6,682
Your total deduction
$78,478
Your adjusted annual income
$150,000 - $78,478 = $71,522
Taxes on $71,522 (30%)
$21,456
Your old tax bill
$45,000
Your new tax bill
$21,456
Estimated tax savings
$23,544
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