348 Las Olas Dr
Melbourne Beach, Florida, 32951-3469
3 bed • 2 bath • 8 guests • $429,000
Annual Revenue
$93,517
Profit (Cash Flow)
$35,663
Cash on Cash Return
55.5%
Annual Revenue
AirDNA projects $346/night at 74% occupancy ($93,517).
Occupancy Rate
Avg Daily Rate
Return Metrics
55.49% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
55.49%
Cap Rate
15.77%
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
$22,905
Deductible property tax
$4,247
Your total deduction
$27,960
Your adjusted annual income
$150,000 - $27,960 = $122,039
Taxes on $122,039 (30%)
$36,611
Your old tax bill
$45,000
Your new tax bill
$36,611
Estimated tax savings
$8,388
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