219 Picnic Point Rd Lake Lure, North Carolina, 28746
3 bed • 2 bath • 9 guests • $1,075,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$75,934
Profit (Cash Flow)
-$20,133
Cap Rate
4.9%
Annual Revenue
AirDNA projects $378/night at 55% occupancy ($75,934).
Occupancy Rate
Avg Daily Rate
Return Metrics
-7.87% 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
-7.87%
Cap Rate
4.87%
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
$51,021
Deductible property tax
$10,642
Your total deduction
$168,899
Your adjusted annual income
$150,000 - $168,899 = -$18,899
Taxes on -$18,899 (30%)
-$5,670
Your old tax bill
$45,000
Your new tax bill
-$5,670
Estimated tax savings
$50,670
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