219 Summit Park Dr
Banner Elk, North Carolina, 28604
6 bed • 5 bath • 14 guests • $1,600,000
Annual Revenue
$167,449
Profit (Cash Flow)
$23,833
Cash on Cash Return
6.2%
Annual Revenue
AirDNA projects $849/night at 54% occupancy ($167,449).
Occupancy Rate
Avg Daily Rate
Return Metrics
6.21% 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
6.21%
Cap Rate
8.23%
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
$75,937
Deductible property tax
$15,839
Your total deduction
$204,918
Your adjusted annual income
$150,000 - $204,918 = -$54,918
Taxes on -$54,918 (30%)
-$16,475
Your old tax bill
$45,000
Your new tax bill
-$16,475
Estimated tax savings
$61,475
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