402 S Main St Leland, Michigan, 49654
3 bed • 2 bath • 6 guests • $899,000
Annual Revenue
$106,856
Profit (Cash Flow)
$8,941
Cap Rate
8.8%
Annual Revenue
AirDNA projects $552/night at 53% occupancy ($106,856)
Occupancy Rate
Avg Daily Rate
Return Metrics
11.11% cash on cash return is a good return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
11.11%
Cap Rate
8.81%
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 estimated deduction will be...
Deductible mortgage interest
$50,668
Deductible property tax
$8,900
Your total deduction
$114,036
Your adjusted annual income
$150,000 - $114,036 = $35,964
Taxes on $35,964 (30%)
$10,789
Your old tax bill
$45,000
Your new tax bill
$10,789
Estimated tax savings
$34,211
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