18422 N Shore Estates Rd Spring Lake, Michigan, 49456-9117
3 bed • 1 bath • 8 guests • $700,000
Annual Revenue
$70,477
Profit (Cash Flow)
$427
Cap Rate
6.8%
Annual Revenue
AirDNA projects $288/night at 67% occupancy ($70,477)
Occupancy Rate
Avg Daily Rate
Return Metrics
0.25% cash on cash return is a fair return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
0.25%
Cap Rate
6.8%
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
$33,223
Deductible property tax
$6,930
Your total deduction
$96,976
Your adjusted annual income
$150,000 - $96,976 = $53,024
Taxes on $53,024 (30%)
$15,907
Your old tax bill
$45,000
Your new tax bill
$15,907
Estimated tax savings
$29,093
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