BNBCalc.com Investment Analysis Report of 219 Summit Park Dr, Banner Elk, NC 28604, USA

6 bed • 5 bath • 14 guests • $1,600,000

BNB

Calc

Return Metrics

6.21% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

6.21%

Cap Rate

8.23%

Return on Investment

22.84%

Annual Revenue

$167,450

AirDNA projects $849/night at 54% occupancy ($167,449).

Revenue Percentile

Operating Expenses

Monthly Expenses

$2,974

Annual Expenses

$35,688

Utilities

$460

Internet + TV

$120

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$2,095

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$1,395

Management & Platform Fees

$419

Platform Fee (i.e. Airbnb)

$419

Property Manager Fee

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$75,938

Deductible property tax

$15,840

Est. Depreciation Value

$746,663

Profit on this property

$131,761

Your total deduction

$706,679

So, your new taxable income is your previous income minus your total deduction ($150,000 - $706,679)

-$556,679

Your old tax bill

$45,000

Your new tax bill

-$167,004

Estimated tax savings

$212,004

219 Summit Park Dr Banner Elk, North Carolina, 28604

6 bed • 5 bath • 14 guests

Purchase Price

Est. $7,674/mo

Inquire about this property

Contact Agent

$167,450

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

6.21%

Cap Rate

8.23%

Return on Investment

22.84%

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

$75,938

Deductible property tax

$15,840

Your total deduction

$198,087

Your adjusted annual income

$150,000 - $198,087 = -$48,087

Taxes on -$48,087 (30%)

-$14,426

Your old tax bill

$45,000

Your new tax bill

-$14,426

Estimated tax savings

$59,426

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com