203 S Lake St Leland, Michigan, 49654
5 bed • 4.5 bath • 8 guests • $1,950,000
Annual Revenue
$126,922
Profit (Cash Flow)
-$34,790
Cap Rate
5.0%
Annual Revenue
AirDNA projects $695/night at 50% occupancy ($126,922)
Occupancy Rate
Avg Daily Rate
Return Metrics
-7.53% cash on cash return is a poor return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-7.53%
Cap Rate
4.96%
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 estimated deduction will be...
Deductible mortgage interest
$92,549
Deductible property tax
$19,305
Your total deduction
$304,212
Your adjusted annual income
$150,000 - $304,212 = -$154,212
Taxes on -$154,212 (30%)
-$46,263
Your old tax bill
$45,000
Your new tax bill
-$46,263
Estimated tax savings
$91,263
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com