615 Lake Shore Dr Michigan City, Indiana, 46360-2361
3 bed • 4 bath • 10 guests • $840,000
Annual Revenue
$95,570
Profit (Cash Flow)
$12,814
Cap Rate
8.3%
Annual Revenue
AirDNA projects $534/night at 49% occupancy ($95,570)
Occupancy Rate
Avg Daily Rate
Return Metrics
6.33% cash on cash return is a solid return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
6.33%
Cap Rate
8.26%
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
$39,867
Deductible property tax
$8,316
Your total deduction
$103,895
Your adjusted annual income
$150,000 - $103,895 = $46,105
Taxes on $46,105 (30%)
$13,831
Your old tax bill
$45,000
Your new tax bill
$13,831
Estimated tax savings
$31,169
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