924 Allen Dr Northville, Michigan
4 bed • 2 bath • 12 guests
Purchase Price
Est. $1,768/mo
$398,000
Zestimate
$91,149
Annual Revenue
Median of 16 selected comps
- Avg Daily Rate
- $461
- Occupancy
- 54%
$15k
$65k
$110k
$165k
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Seasonality
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$29,201
Profit
Revenue
$91,149
Operating Expenses
$35,100
Operating Income
$56,049
Mortgage & Taxes
$26,848
Profit (Cash Flow)
$29,201
$100,052
Cash Investment
Down Payment
$79,600
Renos & Furnishing
$8,512
Closing Costs
$11,940
Total
$100,052
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
29.18%
Cap Rate
14.08%
STR Tax Calculator (USA)
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$18,889
Deductible property tax
$3,940
Estimated gross deduction
$113,964
Your income tax rate
Estimated tax savings
$34,189
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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