32 Wallace Cove Ln Milbridge, Maine, 04658-3202
3 bed • 2 bath • 6 guests
Est. $1,679/mo

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$46,653
Annual Revenue
Projected nightly rate is $241/night at 53% occupancy.
Top 101% of comparables
Top 101% of comparables
$3,898
Profit
Revenue
$46,653
Operating Expenses
$19,145
Operating Income
$27,508
Mortgage & Taxes
$23,610
Profit (Cash Flow)
$3,898
$89,000
Cash Investment
Down Payment
$70,000
Renos & Furnishing
$8,500
Closing Costs
$10,500
Total
$89,000
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
4.37%
Cap Rate
7.85%
STR 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 est deduction will be...
Deductible mortgage interest
$16,611
Deductible property tax
$3,465
Your total deduction
$31,949
Your adjusted annual income
$150,000 - $31,949 = $118,051
Taxes on $118,051 (30%)
$35,415
Your old tax bill
$45,000
Your new tax bill
$35,415
Estimated tax savings
$9,585
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