5158 Watermead Ln Belmont, North Carolina, 28012-6750
4 bed • 3.5 bath • 12 guests
Est. $3,118/mo

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$172,980
Annual Revenue
Projected nightly rate is $640/night at 47% occupancy.
Top 101% of comparables
Top 101% of comparables
$93,565
Profit
Revenue
$172,980
Operating Expenses
$35,567
Operating Income
$137,412
Mortgage & Taxes
$43,847
Profit (Cash Flow)
$93,565
$160,375
Cash Investment
Down Payment
$130,000
Renos & Furnishing
$10,875
Closing Costs
$19,500
Total
$160,375
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
58.34%
Cap Rate
21.14%
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
$30,850
Deductible property tax
$6,435
Your total deduction
-$27,670
Your adjusted annual income
$150,000 - -$27,670 = $177,670
Taxes on $177,670 (30%)
$53,301
Your old tax bill
$45,000
Your new tax bill
$53,301
Estimated tax savings
-$8,301
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