2739 Russell Dr
Wayland, Michigan, 49348
2 bed • 2 bath • 8 guests • $228,000
Annual Revenue
$34,515
Profit (Cash Flow)
$736
Cash on Cash Return
1.2%
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
Your current annual Income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your estimated deduction will be...
Deductible mortgage interest
$10,821
Deductible property tax
$2,257
Your total deduction
$34,637
Your adjusted annual income
$150,000 - $34,637 = $115,362
Taxes on $115,362 (30%)
$34,608
Your old tax bill
$45,000
Your new tax bill
$34,608
Estimated tax savings
$10,391
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com