3636 Coachlight Common St Lansing, Michigan
3 bed • 1.5 bath • 9 guests
Purchase Price
Est. $475/mo
$56,939
Annual Revenue
Median of 18 selected comps
- Avg Daily Rate
- $258
- Occupancy
- 60%
$5k
$30k
$55k
$80k
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Seasonality
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$28,819
Profit
Revenue
$56,939
Operating Expenses
$27,061
Operating Income
$29,878
Mortgage & Taxes
$1,059
Profit (Cash Flow)
$28,819
$12,400
Cash Investment
Renos & Furnishing
$12,400
Total
$12,400
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
23.5%
Cap Rate
27.92%
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
$1,059
Estimated gross deduction
$28,594
Your income tax rate
Estimated tax savings
$8,578
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Property Overview
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