3432 Coolwater Ave Johannesburg, Michigan
2 bed • 1 bath • 6 guests
Purchase Price
Est. $765/mo
$172,200
Zestimate
$36,860
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $222
- Occupancy
- 45%
$5k
$40k
$70k
$105k
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Seasonality
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$2,902
Profit
Revenue
$36,860
Operating Expenses
$22,342
Operating Income
$14,518
Mortgage & Taxes
$11,616
Profit (Cash Flow)
$2,902
$47,862
Cash Investment
Down Payment
$34,440
Renos & Furnishing
$8,256
Closing Costs
$5,166
Total
$47,862
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
6.06%
Cap Rate
8.43%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$8,173
Deductible property tax
$1,705
Estimated gross deduction
$50,680
Your income tax rate
Estimated tax savings
$15,204
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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