87 Ridgewood Rd Elk Grove Village, Illinois, 60007-1420
3 bed • 2 bath • 7 guests • $285,000
Annual Revenue
$31,480
Profit (Cash Flow)
-$5,516
Cap Rate
4.8%
Annual Revenue
AirDNA projects $169/night at 51% occupancy ($31,480)
Occupancy Rate
Avg Daily Rate
Return Metrics
-7.44% 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
-7.44%
Cap Rate
4.8%
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
$13,526
Deductible property tax
$2,821
Your total deduction
$46,157
Your adjusted annual income
$150,000 - $46,157 = $103,843
Taxes on $103,843 (30%)
$31,153
Your old tax bill
$45,000
Your new tax bill
$31,153
Estimated tax savings
$13,847
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com