3811 Long Rapids Rd Alpena, Michigan, 49707
2 bed • 1 bath • 7 guests
Est. $954/mo

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$31,754
Annual Revenue
Top 101% of comparables
Top 101% of comparables
$1,122
Profit
Revenue
$31,754
Operating Expenses
$17,208
Operating Income
$14,546
Mortgage & Taxes
$13,424
Profit (Cash Flow)
$1,122
$52,020
Cash Investment
Down Payment
$39,800
Renos & Furnishing
$6,250
Closing Costs
$5,970
Total
$52,020
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
2.15%
Cap Rate
7.3%
STR 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 est deduction will be...
Deductible mortgage interest
$9,445
Deductible property tax
$1,970
Your total deduction
$19,455
Your adjusted annual income
$150,000 - $19,455 = $130,545
Taxes on $130,545 (30%)
$39,164
Your old tax bill
$45,000
Your new tax bill
$39,164
Estimated tax savings
$5,836
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