219 Summit Park Dr Banner Elk, North Carolina, 28604
6 bed • 5 bath • 14 guests • $1,600,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$167,450
Profit (Cash Flow)
$23,833
Cap Rate
8.2%
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 (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
$75,938
Deductible property tax
$15,840
Your total deduction
$198,087
Your adjusted annual income
$150,000 - $198,087 = -$48,087
Taxes on -$48,087 (30%)
-$14,426
Your old tax bill
$45,000
Your new tax bill
-$14,426
Estimated tax savings
$59,426
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