600 N Eagle Hwy Lake Leelanau, Michigan, 49653-9653
3 bed • 2.5 bath • 8 guests • $490,000
Annual Revenue
$88,155
Profit (Cash Flow)
$29,967
Cap Rate
12.9%
Annual Revenue
AirDNA projects $431/night at 56% occupancy ($88,155)
Occupancy Rate
Avg Daily Rate
Return Metrics
24.69% 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
24.69%
Cap Rate
12.86%
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 estimated deduction will be...
Deductible mortgage interest
$23,256
Deductible property tax
$4,851
Your total deduction
$38,760
Your adjusted annual income
$150,000 - $38,760 = $111,240
Taxes on $111,240 (30%)
$33,372
Your old tax bill
$45,000
Your new tax bill
$33,372
Estimated tax savings
$11,628
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