36811 S Jones Lake Rd Drummond, Michigan, 49726-9461
2 bed • 1 bath • 6 guests • $295,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$38,351
Profit (Cash Flow)
-$211
Cap Rate
6.7%
Annual Revenue
AirDNA projects $170/night at 62% occupancy ($38,497)
Occupancy Rate
Avg Daily Rate
Return Metrics
-0.28% 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
-0.28%
Cap Rate
6.67%
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
$14,001
Deductible property tax
$2,920
Your total deduction
$41,791
Your adjusted annual income
$150,000 - $41,791 = $108,209
Taxes on $108,209 (30%)
$32,463
Your old tax bill
$45,000
Your new tax bill
$32,463
Estimated tax savings
$12,537
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