5610 Cherrycrest Ln
Charlotte, North Carolina, 28217-4026
1 bed • 1 bath • 4 guests • $350,000
Annual Revenue
$33,967
Profit (Cash Flow)
-$7,732
Cash on Cash Return
-9.1%
Annual Revenue
AirDNA projects $150/night at 66% occupancy ($36,159).
Occupancy Rate
Avg Daily Rate
Return Metrics
-9.12% cash on cash return is a poor return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-9.12%
Cap Rate
4.53%
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
$16,611
Deductible property tax
$3,464
Your total deduction
$58,361
Your adjusted annual income
$150,000 - $58,361 = $91,638
Taxes on $91,638 (30%)
$27,491
Your old tax bill
$45,000
Your new tax bill
$27,491
Estimated tax savings
$17,508
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