274 Hemlock Rd Banner Elk, North Carolina, 28604-8828
2 bed • 2 bath • 4 guests
Est. $1,919/mo

Inquire about this property
Contact Agent
$48,194
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$1,866
Profit
Revenue
$48,194
Operating Expenses
$19,345
Operating Income
$28,849
Mortgage & Taxes
$26,983
Profit (Cash Flow)
$1,866
$98,500
Cash Investment
Down Payment
$80,000
Renos & Furnishing
$6,500
Closing Costs
$12,000
Total
$98,500
DSCR Ratio
Acceptable
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
1.89%
Cap Rate
7.21%
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
$18,984
Deductible property tax
$3,960
Your total deduction
$38,658
Your adjusted annual income
$150,000 - $38,658 = $111,342
Taxes on $111,342 (30%)
$33,403
Your old tax bill
$45,000
Your new tax bill
$33,403
Estimated tax savings
$11,597
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com