393 Poplar Ln Traverse City, Michigan, 49696
4 bed • 3.5 bath • 12 guests
Est. $2,230/mo

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$101,436
Annual Revenue
Projected nightly rate is $524/night at 53% occupancy.
Top 101% of comparables
Top 101% of comparables
$49,297
Profit
Revenue
$101,436
Operating Expenses
$27,107
Operating Income
$74,329
Mortgage & Taxes
$25,032
Profit (Cash Flow)
$49,297
$117,825
Cash Investment
Down Payment
$93,000
Renos & Furnishing
$10,875
Closing Costs
$13,950
Total
$117,825
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3.1%
Revenue Appreciation
0%
Cash on Cash Return
41.83%
Cap Rate
15.98%
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
$11,905
Deductible property tax
$5,580
Your total deduction
-$4,582
Your adjusted annual income
$150,000 - -$4,582 = $154,582
Taxes on $154,582 (30%)
$46,374
Your old tax bill
$45,000
Your new tax bill
$46,374
Estimated tax savings
-$1,374
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