705 Foster Ave Cape May, New Jersey, 08204-4111
4 bed • 3 bath • 10 guests
Est. $3,837/mo

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$156,891
Annual Revenue
Projected nightly rate is $605/night at 52% occupancy.
Top 101% of comparables
Top 101% of comparables
$69,449
Profit
Revenue
$156,891
Operating Expenses
$33,476
Operating Income
$123,415
Mortgage & Taxes
$53,965
Profit (Cash Flow)
$69,449
$194,750
Cash Investment
Down Payment
$160,000
Renos & Furnishing
$10,750
Closing Costs
$24,000
Total
$194,750
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
35.66%
Cap Rate
15.42%
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
$37,969
Deductible property tax
$7,920
Your total deduction
$11,289
Your adjusted annual income
$150,000 - $11,289 = $138,711
Taxes on $138,711 (30%)
$41,613
Your old tax bill
$45,000
Your new tax bill
$41,613
Estimated tax savings
$3,387
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