992 Locust Ridge
Union Mills, North Carolina, 28167
4 bed • 4 bath • 10 guests • $599,000
Annual Revenue
$49,757
Profit (Cash Flow)
-$10,795
Cash on Cash Return
-7.3%
Annual Revenue
AirDNA projects $239/night at 57% occupancy ($49,757).
Occupancy Rate
Avg Daily Rate
Return Metrics
-7.25% 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
-7.25%
Cap Rate
4.94%
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
$28,429
Deductible property tax
$5,930
Your total deduction
$99,822
Your adjusted annual income
$150,000 - $99,822 = $50,177
Taxes on $50,177 (30%)
$15,053
Your old tax bill
$45,000
Your new tax bill
$15,053
Estimated tax savings
$29,946
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