1300 E Lafayette St Detroit, Michigan, 48207-2905
3 bed • 2 bath • 8 guests • $189,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$44,158
Profit (Cash Flow)
$11,993
Cap Rate
13.1%
Annual Revenue
AirDNA projects $310/night at 39% occupancy ($44,158)
Occupancy Rate
Avg Daily Rate
Return Metrics
23.07% 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
23.07%
Cap Rate
13.08%
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
$8,970
Deductible property tax
$1,871
Your total deduction
$15,512
Your adjusted annual income
$150,000 - $15,512 = $134,488
Taxes on $134,488 (30%)
$40,346
Your old tax bill
$45,000
Your new tax bill
$40,346
Estimated tax savings
$4,654
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