912 Nottingham Rd Grosse Pointe Park, Michigan, 48230-1734
7 bed β’ 4 bath β’ 18 guests
Est. $2,001/mo

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$417,200
Zestimate
$125,527
Annual Revenue
Projected nightly rate is $716/night at 48% occupancy.
Top 101% of comparables
Top 101% of comparables
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$67,386
Profit
Revenue
$125,527
Operating Expenses
$29,999
Operating Income
$95,529
Mortgage & Taxes
$28,143
Profit (Cash Flow)
$67,386
$112,956
Cash Investment
Down Payment
$83,440
Renos & Furnishing
$17,000
Closing Costs
$12,516
Total
$112,956
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
59.65%
Cap Rate
22.89%
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
$19,801
Deductible property tax
$4,130
Your total deduction
-$23,708
Your adjusted annual income
$150,000 - -$23,708 = $173,708
Taxes on $173,708 (30%)
$52,112
Your old tax bill
$45,000
Your new tax bill
$52,112
Estimated tax savings
-$7,112
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