1967 S Shore Dr Holland, Michigan, 49423-4340
6 bed • 6 bath • 14 guests
Est. $20,385/mo

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$219,146
Annual Revenue
Top 101% of comparables
Top 101% of comparables
-$109,114
Profit
Revenue
$219,146
Operating Expenses
$41,569
Operating Income
$177,577
Mortgage & Taxes
$286,692
Profit (Cash Flow)
-$109,114
$993,000
Cash Investment
Down Payment
$850,000
Renos & Furnishing
$15,500
Closing Costs
$127,500
Total
$993,000
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-10.98%
Cap Rate
4.17%
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
$201,709
Deductible property tax
$42,075
Your total deduction
$532,293
Your adjusted annual income
$150,000 - $532,293 = -$382,293
Taxes on -$382,293 (30%)
-$114,688
Your old tax bill
$45,000
Your new tax bill
-$114,688
Estimated tax savings
$159,688
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