505 Collins Avenue
Miami Beach, Florida, 33139
2 bed • 2 bath • 6 guests • $550,000
Annual Revenue
$117,089
Profit (Cash Flow)
$51,096
Cash on Cash Return
38.4%
Annual Revenue
AirDNA projects $411/night at 78% occupancy ($117,089).
Occupancy Rate
Avg Daily Rate
Return Metrics
38.41% 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
38.41%
Cap Rate
16.03%
Tax Calculator
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
$26,103
Deductible property tax
$5,444
Your total deduction
$28,350
Your adjusted annual income
$150,000 - $28,350 = $121,649
Taxes on $121,649 (30%)
$36,494
Your old tax bill
$45,000
Your new tax bill
$36,494
Estimated tax savings
$8,505
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