3004 S Ridge Dr Midlothian, Virginia, 23112-3830
3 bed • 2 bath • 8 guests
Est. $1,319/mo
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$55,137
Annual Revenue
Top 101% of comparables
Top 101% of comparables
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
20.8%
Cap Rate
12.46%
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
$13,184
Deductible property tax
$3,025
Your total deduction
$24,351
Your adjusted annual income
$150,000 - $24,351 = $125,649
Taxes on $125,649 (30%)
$37,695
Your old tax bill
$45,000
Your new tax bill
$37,695
Estimated tax savings
$7,305
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