2739 Russell Dr Wayland, Michigan, 49348
2 bed • 2 bath • 8 guests • $228,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$34,516
Profit (Cash Flow)
$737
Cap Rate
7.1%
Annual Revenue
AirDNA projects $124/night at 63% occupancy ($28,532).
Occupancy Rate
Avg Daily Rate
Return Metrics
1.24% cash on cash return is a fair return over the next 1 year
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
1.24%
Cap Rate
7.06%
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
$10,821
Deductible property tax
$2,257
Your total deduction
$31,726
Your adjusted annual income
$150,000 - $31,726 = $118,274
Taxes on $118,274 (30%)
$35,482
Your old tax bill
$45,000
Your new tax bill
$35,482
Estimated tax savings
$9,518
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