3414 Norway Pl
Norfolk, Virginia, 23509-1263
4 bed • 3.5 bath • 8 guests • $500,000
Annual Revenue
$62,606
Profit (Cash Flow)
$7,068
Cap Rate
8.2%
Annual Revenue
AirDNA projects $281/night at 61% occupancy ($62,606)
Occupancy Rate
Avg Daily Rate
Return Metrics
5.61% cash on cash return is a solid return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
5.61%
Cap Rate
8.15%
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 estimated deduction will be...
Deductible mortgage interest
$23,731
Deductible property tax
$4,950
Your total deduction
$63,463
Your adjusted annual income
$150,000 - $63,463 = $86,537
Taxes on $86,537 (30%)
$25,961
Your old tax bill
$45,000
Your new tax bill
$25,961
Estimated tax savings
$19,039
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