158 Bear Point Rd Alpena, Michigan, 49707
2 bed • 2 bath • 7 guests • $459,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$33,836
Profit (Cash Flow)
-$15,203
Cap Rate
3.4%
Annual Revenue
AirDNA projects $193/night at 48% occupancy ($33,836)
Occupancy Rate
Avg Daily Rate
Return Metrics
-13.56% cash on cash return is a poor return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-13.56%
Cap Rate
3.43%
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
$21,785
Deductible property tax
$4,544
Your total deduction
$79,276
Your adjusted annual income
$150,000 - $79,276 = $70,724
Taxes on $70,724 (30%)
$21,217
Your old tax bill
$45,000
Your new tax bill
$21,217
Estimated tax savings
$23,783
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Get tax strategy advice from an experienced real estate CPA and save thousands. We reccomend LearnLikeACPA.com