1516 S Wabash Ave Chicago, Illinois, 60605-2903
1 bed • 1 bath • 2 guests • $199,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$43,785
Profit (Cash Flow)
$8,705
Cap Rate
12.3%
Annual Revenue
AirDNA projects $222/night at 54% occupancy ($43,785)
Occupancy Rate
Avg Daily Rate
Return Metrics
47.88% 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
47.88%
Cap Rate
12.26%
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
$11,334
Deductible property tax
$1,970
Your total deduction
$18,952
Your adjusted annual income
$150,000 - $18,952 = $131,048
Taxes on $131,048 (30%)
$39,314
Your old tax bill
$45,000
Your new tax bill
$39,314
Estimated tax savings
$5,686
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