3004 S Ridge Dr
Midlothian, Virginia, 23112-3830
3 bed • 2 bath • 8 guests • $275,000
Annual Revenue
$55,137
Profit (Cash Flow)
$15,341
Cash on Cash Return
20.8%
Annual Revenue
AirDNA projects $222/night at 68% occupancy ($55,137).
Occupancy Rate
Avg Daily Rate
Return Metrics
20.8% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
20.8%
Cap Rate
12.46%
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
$13,183
Deductible property tax
$3,025
Your total deduction
$29,054
Your adjusted annual income
$150,000 - $29,054 = $120,945
Taxes on $120,945 (30%)
$36,283
Your old tax bill
$45,000
Your new tax bill
$36,283
Estimated tax savings
$8,716
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