5 Columbine Dr South Haven, MI
4 bed • 2 bath • 12 guests
Purchase Price
Est. $3,820/mo
$91,469
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $713
- Occupancy
- 35%
$20k
$75k
$130k
$185k
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Seasonality
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-$1,719
Profit
Revenue
$91,469
Operating Expenses
$35,175
Operating Income
$56,294
Mortgage & Taxes
$58,013
Profit (Cash Flow)
-$1,719
$214,600
Cash Investment
Down Payment
$172,000
Renos & Furnishing
$16,800
Closing Costs
$25,800
Total
$214,600
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-0.8%
Cap Rate
6.54%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$40,816
Deductible property tax
$8,514
Estimated gross deduction
$245,776
Your income tax rate
Estimated tax savings
$73,733
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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