2301 W Michigan Ave Pensacola, Florida, 32526
2 bed • 2.5 bath • 6 guests
Est. $706/mo

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$147,200
Zestimate
Airbnb Investor Score
$4,842
Annual Profit
10.0%
Cap Rate
12.0%
Cash on Cash
$32,704
Annual Revenue
This property is projected to be in the top 43% revenue percentile compared to similar properties nearby.
AirDNA projects $148/night at 54% occupancy ($29,190.3). Airbtics projects $102/night at 61% occupancy ($22,725).
Top 26% of comparables
Top 26% of comparables
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$24,983
Avg annual revenue
61%
Avg occupancy rate
$102
Avg nightly rate
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$4,843
Profit
Revenue
$32,704
Operating Expenses
$17,932
Operating Income
$14,772
Mortgage & Taxes
$9,930
Profit (Cash Flow)
$4,843
$40,481
Cash Investment
Down Payment
$29,440
Renos & Furnishing
$6,625
Closing Costs
$4,416
Total
$40,481
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
11.96%
Cap Rate
10.03%
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
$6,986
Deductible property tax
$1,457
Your total deduction
$10,654
Your adjusted annual income
$150,000 - $10,654 = $139,346
Taxes on $139,346 (30%)
$41,804
Your old tax bill
$45,000
Your new tax bill
$41,804
Estimated tax savings
$3,196
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
784 sqft
Year built:
1984
Size:
1,164 sqft
Type:
TOWNHOUSE
Parking:
-
Heating:
Forced air
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Property Details
- MLS Status: N/A
- Property Use: TOWNHOUSE
- Stories: -
- Lot size: 784 sqft
- Building area: 1,164 sqft
- Garage: No
- Heating: Forced air
- Pool: No
- Fireplaces: -
- Basement: No
- Cooling: Other
- View: -
- Parking: None
- Amenities: Dishwasher, Dryer, Washer
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 122S302500000017
- Flood Zone: No
Tax Info
- Year Assessed: 2023
- Assessed Value: $107,763
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $147,200
Schools
- Elementary School: Bellview Elementary School with 7/10 star rating
- Middle School: Bellview Middle School with 2/10 star rating
- High School: Pine Forest High School with 3/10 star rating