5 Columbine Dr South Haven, MI
6 bed • 4 bath • 18 guests
Purchase Price
Est. $1,845/mo
$197,417
Annual Revenue
Median of 8 selected comps
- Avg Daily Rate
- $1,681
- Occupancy
- 32%
$20k
$110k
$200k
$295k
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Seasonality
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$109,322
Profit
Revenue
$197,417
Operating Expenses
$60,073
Operating Income
$137,344
Mortgage & Taxes
$28,022
Profit (Cash Flow)
$109,322
$123,022
Cash Investment
Down Payment
$83,080
Renos & Furnishing
$27,480
Closing Costs
$12,462
Total
$123,022
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
88.86%
Cap Rate
33.06%
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
$19,715
Deductible property tax
$4,112
Estimated gross deduction
$124,525
Your income tax rate
Estimated tax savings
$37,357
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Property Overview
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