197 Norbakken Rd
Lutsen, Minnesota, 55612
3 bed • 2 bath • 8 guests • $495,000
Annual Revenue
$128,401
Profit (Cash Flow)
$64,645
Cash on Cash Return
52.8%
Annual Revenue
AirDNA projects $445/night at 79% occupancy ($128,401).
Occupancy Rate
Avg Daily Rate
Return Metrics
52.83% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
52.83%
Cap Rate
19.8%
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
$23,493
Deductible property tax
$4,900
Your total deduction
$8,551
Your adjusted annual income
$150,000 - $8,551 = $141,448
Taxes on $141,448 (30%)
$42,434
Your old tax bill
$45,000
Your new tax bill
$42,434
Estimated tax savings
$2,565
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