219 Picnic Point Rd Lake Lure, North Carolina, 28746
4 bed • 2 bath • 12 guests
Est. $4,796/mo

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$115,052
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$19,558
Profit
Revenue
$115,052
Operating Expenses
$28,037
Operating Income
$87,015
Mortgage & Taxes
$67,457
Profit (Cash Flow)
$19,558
$240,500
Cash Investment
Down Payment
$200,000
Renos & Furnishing
$10,500
Closing Costs
$30,000
Total
$240,500
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
8.13%
Cap Rate
8.7%
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
$47,461
Deductible property tax
$9,900
Your total deduction
$80,959
Your adjusted annual income
$150,000 - $80,959 = $69,041
Taxes on $69,041 (30%)
$20,712
Your old tax bill
$45,000
Your new tax bill
$20,712
Estimated tax savings
$24,288
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