402 S Main St Leland, Michigan, 49654
3 bed • 2 bath • 6 guests
Est. $4,312/mo

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$106,856
Annual Revenue
Projected nightly rate is $552/night at 53% occupancy.
Top 101% of comparables
Top 101% of comparables
$9,539
Profit
Revenue
$106,856
Operating Expenses
$26,971
Operating Income
$79,885
Mortgage & Taxes
$70,346
Profit (Cash Flow)
$9,539
$80,420
Cash Investment
Down Payment
$44,950
Renos & Furnishing
$8,500
Closing Costs
$26,970
Total
$80,420
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
11.86%
Cap Rate
8.88%
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
$50,668
Deductible property tax
$8,900
Your total deduction
$78,995
Your adjusted annual income
$150,000 - $78,995 = $71,005
Taxes on $71,005 (30%)
$21,302
Your old tax bill
$45,000
Your new tax bill
$21,302
Estimated tax savings
$23,698
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