2712 Banyan St Panama City, Florida, 32408-6356
6 bed • 4 bath • 10 guests
Est. $3,118/mo

Inquire about this property
Contact Agent
$108,835
Annual Revenue
Projected nightly rate is $634/night at 47% occupancy.
Top 101% of comparables
Top 101% of comparables
$37,760
Profit
Revenue
$108,835
Operating Expenses
$27,229
Operating Income
$81,607
Mortgage & Taxes
$43,847
Profit (Cash Flow)
$37,760
$164,500
Cash Investment
Down Payment
$130,000
Renos & Furnishing
$15,000
Closing Costs
$19,500
Total
$164,500
DSCR Ratio
Strong
<0>Get a pre-qualification letter</0>
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
22.95%
Cap Rate
12.55%
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
$30,850
Deductible property tax
$6,435
Your total deduction
$28,705
Your adjusted annual income
$150,000 - $28,705 = $121,295
Taxes on $121,295 (30%)
$36,389
Your old tax bill
$45,000
Your new tax bill
$36,389
Estimated tax savings
$8,611
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com