3636 Coachlight Common St Lansing, Michigan
3 bed • 1.5 bath • 7 guests
Purchase Price
Est. $613/mo
$37,395
Annual Revenue
Median of 13 selected comps
- Avg Daily Rate
- $219
- Occupancy
- 47%
$5k
$30k
$55k
$80k
Sign up to see the data on 35 all comparables
Seasonality
Sign up to view the full seasonality chart
$9,407
Profit
Revenue
$37,395
Operating Expenses
$22,468
Operating Income
$14,927
Mortgage & Taxes
$5,520
Profit (Cash Flow)
$9,407
$12,400
Cash Investment
Renos & Furnishing
$12,400
Total
$12,400
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Loading...
Cash on Cash Return
6.08%
Cap Rate
10.81%
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
$0
Deductible property tax
$5,520
Estimated gross deduction
$39,954
Your income tax rate
Estimated tax savings
$11,986
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
Plan to claim the STR loophole?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.
Property Overview
Loading...