2741 Russell Dr
Wayland, Michigan, 49348
2 bed • 1 bath • 7 guests • $200,000
Annual Revenue
$27,393
Profit (Cash Flow)
-$1,776
Cap Rate
5.1%
Annual Revenue
AirDNA projects $125/night at 63% occupancy ($28,763)
Occupancy Rate
Avg Daily Rate
Return Metrics
-3.39% cash on cash return is a poor return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-3.39%
Cap Rate
5.07%
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 estimated deduction will be...
Deductible mortgage interest
$7,541
Deductible property tax
$1,880
Your total deduction
$29,861
Your adjusted annual income
$150,000 - $29,861 = $120,139
Taxes on $120,139 (30%)
$36,042
Your old tax bill
$45,000
Your new tax bill
$36,042
Estimated tax savings
$8,958
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