18395 Center Rd Traverse City, Michigan, 49686-9769
3 bed • 2 bath • 5 guests
Est. $4,197/mo

Inquire about this property
Contact Agent
$96,987
Annual Revenue
Projected nightly rate is $374/night at 71% occupancy.
Top 101% of comparables
Top 101% of comparables
$2,831
Profit
Revenue
$96,987
Operating Expenses
$25,688
Operating Income
$71,299
Mortgage & Taxes
$68,468
Profit (Cash Flow)
$2,831
$78,500
Cash Investment
Down Payment
$43,750
Renos & Furnishing
$8,500
Closing Costs
$26,250
Total
$78,500
DSCR Ratio
Acceptable
<0>Get a pre-qualification letter</0>
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
3.6%
Cap Rate
8.14%
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
$49,315
Deductible property tax
$8,663
Your total deduction
$83,370
Your adjusted annual income
$150,000 - $83,370 = $66,630
Taxes on $66,630 (30%)
$19,989
Your old tax bill
$45,000
Your new tax bill
$19,989
Estimated tax savings
$25,011
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com