429 Island Creek Rd Lake Lure, North Carolina, 28746-9303
3 bed • 2 bath • 5 guests • $349,000
Annual Revenue
$67,234
Profit (Cash Flow)
$21,282
Cap Rate
12.8%
Annual Revenue
AirDNA projects $354/night at 52% occupancy ($67,234)
Occupancy Rate
Avg Daily Rate
Return Metrics
23.97% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
23.97%
Cap Rate
12.84%
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
$16,564
Deductible property tax
$3,455
Your total deduction
$28,128
Your adjusted annual income
$150,000 - $28,128 = $121,872
Taxes on $121,872 (30%)
$36,562
Your old tax bill
$45,000
Your new tax bill
$36,562
Estimated tax savings
$8,438
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