2399 Royce Ave Luzerne, MI, 48636
3 bed • 1 bath • 10 guests
Est. $432/mo

This property is for sale!
Contact Agent
$19,814
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$6,271
Profit
Revenue
$19,814
Operating Expenses
$7,465
Operating Income
$12,349
Mortgage & Taxes
$6,078
Profit (Cash Flow)
$6,271
$28,973
Cash Investment
Down Payment
$18,020
Renos & Furnishing
$8,250
Closing Costs
$2,703
Total
$28,973
DSCR Ratio
Strong
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
21.64%
Cap Rate
13.7%
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
$4,276
Deductible property tax
$892
Your total deduction
$3,793
Your adjusted annual income
$150,000 - $3,793 = $146,207
Taxes on $146,207 (30%)
$43,862
Your old tax bill
$45,000
Your new tax bill
$43,862
Estimated tax savings
$1,138
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
11,326 sqft
Year built:
-
Size:
-
Type:
SFR
Parking:
-
Heating:
-
Sold Comparables
Property Details
- MLS Status: Active
- Property Use: Residential (General/Single)
- Stories: -
- Lot size: 11,326 sqft
- Building area: -
- Garage: No
- Heating:
- Pool: No
- Fireplaces: -
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 001-455-046-00
- Flood Zone: No
Tax Info
- Year Assessed: 2022
- Assessed Value: $22,600
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Ownership
- Name: Marjorie Inman
- Owner Occupied: No
- Owner Mailing Address: 687 Harbor View Dr, Mio, Mi 48647
- Years Owned: 107
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: -
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No