18422 N Shore Estates Rd
Spring Lake, Michigan, 49456-9117
3 bed • 1 bath • 8 guests • $700,000
Annual Revenue
$70,477
Profit (Cash Flow)
$427
Cash on Cash Return
0.3%
Annual Revenue
AirDNA projects $288/night at 67% occupancy ($70,477).
Occupancy Rate
Avg Daily Rate
Return Metrics
0.25% cash on cash return is a fair return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
0.25%
Cap Rate
6.8%
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
$33,222
Deductible property tax
$6,929
Your total deduction
$100,672
Your adjusted annual income
$150,000 - $100,672 = $49,327
Taxes on $49,327 (30%)
$14,798
Your old tax bill
$45,000
Your new tax bill
$14,798
Estimated tax savings
$30,201
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