340 E State St Traverse City, Michigan, 49684-2649
2 bed • 2.5 bath • 5 guests • $489,500
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$81,815
Profit (Cash Flow)
$19,495
Cap Rate
11.7%
Annual Revenue
AirDNA projects $327/night at 64% occupancy ($76,438)
Occupancy Rate
Avg Daily Rate
Return Metrics
42.57% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
42.57%
Cap Rate
11.74%
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
$23,402
Deductible property tax
$5,385
Your total deduction
$44,499
Your adjusted annual income
$150,000 - $44,499 = $105,501
Taxes on $105,501 (30%)
$31,650
Your old tax bill
$45,000
Your new tax bill
$31,650
Estimated tax savings
$13,350
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