944 S 9th Ave
Alpena, Michigan, 49707-2939
4 bed • 3 bath • 8 guests • $130,000
Annual Revenue
$45,947
Profit (Cash Flow)
$17,534
Cash on Cash Return
43.1%
Annual Revenue
AirDNA projects $185/night at 68% occupancy ($45,947).
Occupancy Rate
Avg Daily Rate
Return Metrics
43.13% 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
43.13%
Cap Rate
20.22%
Tax Calculator
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
$6,169
Deductible property tax
$1,286
Your total deduction
$7,147
Your adjusted annual income
$150,000 - $7,147 = $142,852
Taxes on $142,852 (30%)
$42,855
Your old tax bill
$45,000
Your new tax bill
$42,855
Estimated tax savings
$2,144
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