Michigan St Holly, Michigan
3 bed • 1.5 bath • 6 guests
Purchase Price
Est. $1,333/mo
$41,317
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $274
- Occupancy
- 41%
$5k
$45k
$85k
$125k
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Seasonality
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-$2,310
Profit
Revenue
$41,317
Operating Expenses
$23,389
Operating Income
$17,928
Mortgage & Taxes
$20,237
Profit (Cash Flow)
-$2,310
$77,375
Cash Investment
Down Payment
$60,000
Renos & Furnishing
$8,375
Closing Costs
$9,000
Total
$77,375
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-2.98%
Cap Rate
5.97%
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
$14,238
Deductible property tax
$2,970
Estimated gross deduction
$86,490
Your income tax rate
Estimated tax savings
$25,947
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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