Carrer de les Illes Pitiüses Palma, Illes Balears, 07007
3 bed • 1 bath • 6 guests • $230,000
Annual Revenue
$67,062
Profit (Cash Flow)
$30,384
Cap Rate
19.4%
Annual Revenue
AirDNA projects $301/night at 79% occupancy ($86,851)
Occupancy Rate
Avg Daily Rate
Return Metrics
49.68% 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
49.68%
Cap Rate
19.41%
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
$9,260
Deductible property tax
$2,300
Your total deduction
$2,281
Your adjusted annual income
$150,000 - $2,281 = $147,719
Taxes on $147,719 (30%)
$44,316
Your old tax bill
$45,000
Your new tax bill
$44,316
Estimated tax savings
$684
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