3111 NE 51st St
Fort Lauderdale, Florida, 33308
2 bed • 2 bath • 6 guests • $575,000
Annual Revenue
$61,244
Profit (Cash Flow)
-$2,436
Cash on Cash Return
-1.8%
Annual Revenue
AirDNA projects $262/night at 64% occupancy ($61,244).
Occupancy Rate
Avg Daily Rate
Return Metrics
-1.75% 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
-1.75%
Cap Rate
6.03%
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
$27,290
Deductible property tax
$4,024
Your total deduction
$85,300
Your adjusted annual income
$150,000 - $85,300 = $64,699
Taxes on $64,699 (30%)
$19,409
Your old tax bill
$45,000
Your new tax bill
$19,409
Estimated tax savings
$25,590
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