1521 N Michigan Ave Atlantic City, New Jersey, 08401-1722
3 bed • 1.5 bath • 6 guests
Est. $1,151/mo
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$50,572
Annual Revenue
Top 101% of comparables
Top 101% of comparables
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
21.84%
Cap Rate
12.53%
0
Long Term Rental Comparables
Long Term Rental comparables are currently unavailable for this property. This can occur for more rural areas. Please try again with another address.
Tax Calculator (USA)
On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.
Your current annual income
Your income tax rate
%
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$11,391
Deductible property tax
$2,376
Your total deduction
$9,986
Your adjusted annual income
$150,000 - $9,986 = $140,014
Taxes on $140,014 (30%)
$42,004
Your old tax bill
$45,000
Your new tax bill
$42,004
Estimated tax savings
$2,996
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