59196 Lakeshore Dr Colon, Michigan, 49040-9226
2 bed • 2 bath • 6 guests
Est. $719/mo

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$39,304
Annual Revenue
AirDNA projects $211/night at 51% occupancy ($39,303.9).
Top 101% of comparables
Top 101% of comparables
$10,996
Profit
Revenue
$39,304
Operating Expenses
$18,190
Operating Income
$21,114
Mortgage & Taxes
$10,119
Profit (Cash Flow)
$10,996
$41,000
Cash Investment
Down Payment
$30,000
Renos & Furnishing
$6,500
Closing Costs
$4,500
Total
$41,000
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
26.81%
Cap Rate
14.07%
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
$7,119
Deductible property tax
$1,485
Your total deduction
$22,824
Your adjusted annual income
$150,000 - $22,824 = $127,176
Taxes on $127,176 (30%)
$38,153
Your old tax bill
$45,000
Your new tax bill
$38,153
Estimated tax savings
$6,847
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