2463 Lakeshore Dr Michigan, 49047
1 bed • 1 bath • 4 guests
Est. $576/mo

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$30,005
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$4,929
Profit
Revenue
$30,005
Operating Expenses
$16,981
Operating Income
$13,024
Mortgage & Taxes
$8,095
Profit (Cash Flow)
$4,929
$31,850
Cash Investment
Down Payment
$24,000
Renos & Furnishing
$4,250
Closing Costs
$3,600
Total
$31,850
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
15.47%
Cap Rate
10.85%
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
$5,695
Deductible property tax
$1,188
Your total deduction
$7,545
Your adjusted annual income
$150,000 - $7,545 = $142,455
Taxes on $142,455 (30%)
$42,736
Your old tax bill
$45,000
Your new tax bill
$42,736
Estimated tax savings
$2,264
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