2110 N Springbrook Rd Boyne Falls, Michigan
3 bed • 2 bath • 9 guests
Purchase Price
$330,000
Zestimate
$58,602
Annual Revenue
Manual override
- Avg Daily Rate
- $472
- Occupancy
- 34%
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$40k
$80k
$125k
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Seasonality
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$8,890
Profit
Revenue
$58,602
Operating Expenses
$27,452
Operating Income
$31,151
Mortgage & Taxes
$22,261
Profit (Cash Flow)
$8,890
$89,036
Cash Investment
Down Payment
$66,000
Renos & Furnishing
$13,136
Closing Costs
$9,900
Total
$89,036
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
9.98%
Cap Rate
9.43%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$15,662
Deductible property tax
$3,267
Estimated gross deduction
$96,316
Your income tax rate
Estimated tax savings
$28,895
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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