301 S Miramar Ave apt 304
Indialantic, Florida, 32903-3263
2 bed • 2 bath • 6 guests • $350,000
Annual Revenue
$58,347
Profit (Cash Flow)
-$3,481
Cash on Cash Return
-6.7%
Annual Revenue
AirDNA projects $225/night at 71% occupancy ($58,347).
Occupancy Rate
Avg Daily Rate
Return Metrics
-6.69% 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
-6.69%
Cap Rate
6.92%
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
$18,687
Deductible property tax
$3,500
Your total deduction
$53,534
Your adjusted annual income
$150,000 - $53,534 = $96,465
Taxes on $96,465 (30%)
$28,939
Your old tax bill
$45,000
Your new tax bill
$28,939
Estimated tax savings
$16,060
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