619 Wesley Ave Ocean City, New Jersey, 08226-3855
5 bed • 3 bath • 10 guests • $1,500,000
Annual Revenue
$109,840
Profit (Cash Flow)
-$19,303
Cap Rate
5.5%
Annual Revenue
AirDNA projects $493/night at 61% occupancy ($109,840)
Occupancy Rate
Avg Daily Rate
Return Metrics
-5.39% 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
-5.39%
Cap Rate
5.45%
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
$71,192
Deductible property tax
$14,850
Your total deduction
$227,055
Your adjusted annual income
$150,000 - $227,055 = -$77,055
Taxes on -$77,055 (30%)
-$23,117
Your old tax bill
$45,000
Your new tax bill
-$23,117
Estimated tax savings
$68,117
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