219 Summit Ct
Lake Lure, North Carolina, 28746-9261
3 bed • 4 bath • 9 guests • $489,900
Annual Revenue
$66,127
Profit (Cash Flow)
$10,814
Cash on Cash Return
8.9%
Annual Revenue
AirDNA projects $355/night at 51% occupancy ($66,127).
Occupancy Rate
Avg Daily Rate
Return Metrics
8.88% cash on cash return is a solid return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
8.88%
Cap Rate
8.95%
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
$23,251
Deductible property tax
$4,850
Your total deduction
$62,008
Your adjusted annual income
$150,000 - $62,008 = $87,991
Taxes on $87,991 (30%)
$26,397
Your old tax bill
$45,000
Your new tax bill
$26,397
Estimated tax savings
$18,602
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