6278 State St Caseville, Michigan, 48725-9508
3 bed • 2 bath • 8 guests
Est. $954/mo

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$23,010
Annual Revenue
Projected nightly rate is $200/night at 46% occupancy.
Top 101% of comparables
Top 101% of comparables
-$6,485
Profit
Revenue
$23,010
Operating Expenses
$16,071
Operating Income
$6,939
Mortgage & Taxes
$13,424
Profit (Cash Flow)
-$6,485
$54,270
Cash Investment
Down Payment
$39,800
Renos & Furnishing
$8,500
Closing Costs
$5,970
Total
$54,270
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-11.94%
Cap Rate
3.48%
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
$9,445
Deductible property tax
$1,970
Your total deduction
$27,372
Your adjusted annual income
$150,000 - $27,372 = $122,628
Taxes on $122,628 (30%)
$36,788
Your old tax bill
$45,000
Your new tax bill
$36,788
Estimated tax savings
$8,212
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