6979 N Fail Rd La Porte, Indiana, 46350-8830
5 bed β’ 5 bath β’ 9 guests
Est. $7,543/mo

This property is for sale!
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$93,901
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $547/night at 47% occupancy.Projected nightly rate is $671/night at 36% occupancy.
Top 11% of comparables
Top 61% of comparables
Seasonality
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10
Airbnb Comparables
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$99,389
Avg annual revenue
36%
Avg occupancy rate
$671
Avg nightly rate
Any type
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Apartment
Any min stay
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Revenue per year
$30k
$115k
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-$38,076
Profit
Revenue
$93,901
Operating Expenses
$25,887
Operating Income
$68,014
Mortgage & Taxes
$106,089
Profit (Cash Flow)
-$38,076
$374,971
Cash Investment
Down Payment
$314,540
Renos & Furnishing
$13,250
Closing Costs
$47,181
Total
$374,971
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-10.15%
Cap Rate
4.32%
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
$74,642
Deductible property tax
$15,570
Your total deduction
$24,027
Your adjusted annual income
$150,000 - $24,027 = $125,973
Taxes on $125,973 (30%)
$37,792
Your old tax bill
$45,000
Your new tax bill
$37,792
Estimated tax savings
$7,208
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
547,114 sqft
Year built:
-
Size:
-
Type:
LAND
Parking:
-
Heating:
-
Sold Comparables
Property Details
- MLS Status: Active
- Property Use: Residential - Vacant Land
- Stories: 0
- Lot size: 547,114 sqft
- Building area: -
- Garage: No
- Heating:
- Pool: No
- Fireplaces: 0
- Basement: No
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 46-03-32-200-016.000-048
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2023
- Assessed Value: $70,500
- County Est. Land Value: $70,500
- Assessed Land Value: $70,500
- County Est. Structure Value: -
Market Estimate: -
Sale history
Date | Sale Price | % Financed | Buyer |
---|---|---|---|
09/06/18 | $0 | 0% | Kathleen Ann Hynes |
Ownership
- Name: Kathleen Ann Hynes
- Owner Occupied: No
- Owner Mailing Address: 8730 Henry St, Orland Park, Il 60462
- Years Owned: 67
- Home Equity: -
- Mortgage Balance Remaining: $404,000
- Financed amount: -
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No