7 Lambs Way Lake Placid, New York, 12946
3 bed • 2 bath • 9 guests • $849,000
Annual Revenue
$197,714
Profit (Cash Flow)
$101,067
Cap Rate
18.6%
Annual Revenue
AirDNA projects $694/night at 78% occupancy ($197,714)
Occupancy Rate
Avg Daily Rate
Return Metrics
49.59% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
49.59%
Cap Rate
18.64%
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
$40,294
Deductible property tax
$8,405
Your total deduction
$16,773
Your adjusted annual income
$150,000 - $16,773 = $133,227
Taxes on $133,227 (30%)
$39,968
Your old tax bill
$45,000
Your new tax bill
$39,968
Estimated tax savings
$5,032
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