60569 Bert Rd Colon, Michigan, 49040-9601
4 bed • 2 bath • 10 guests
Est. $1,991/mo

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$87,900
Annual Revenue
Projected nightly rate is $382/night at 64% occupancy.
Top 101% of comparables
Top 101% of comparables
$34,552
Profit
Revenue
$87,900
Operating Expenses
$23,535
Operating Income
$64,365
Mortgage & Taxes
$29,813
Profit (Cash Flow)
$34,552
$55,350
Cash Investment
Down Payment
$41,500
Renos & Furnishing
$9,700
Closing Costs
$4,150
Total
$55,350
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
62.42%
Cap Rate
15.5%
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
$17,491
Deductible property tax
$4,565
Your total deduction
$4,333
Your adjusted annual income
$150,000 - $4,333 = $145,667
Taxes on $145,667 (30%)
$43,700
Your old tax bill
$45,000
Your new tax bill
$43,700
Estimated tax savings
$1,300
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