2932 Reader Trail Grayling, Michigan
3 bed • 1.5 bath • 9 guests
Purchase Price
Est. $1,060/mo
$238,600
Zestimate
$38,015
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $301
- Occupancy
- 35%
$0k
$70k
$140k
$210k
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Seasonality
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-$694
Profit
Revenue
$38,015
Operating Expenses
$22,614
Operating Income
$15,401
Mortgage & Taxes
$16,095
Profit (Cash Flow)
-$694
$63,278
Cash Investment
Down Payment
$47,720
Renos & Furnishing
$8,400
Closing Costs
$7,158
Total
$63,278
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-1.09%
Cap Rate
6.45%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$11,324
Deductible property tax
$2,362
Estimated gross deduction
$69,310
Your income tax rate
Estimated tax savings
$20,793
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Property Overview
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