3750 N Lake Shore Dr. Chicago, Illinois, 60613
3 bed • 3 bath • 6 guests • $199,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$83,612
Profit (Cash Flow)
$43,234
Cap Rate
29.6%
Annual Revenue
AirDNA projects $388/night at 59% occupancy ($83,612)
Occupancy Rate
Avg Daily Rate
Return Metrics
190.62% cash on cash return is a excellent return over the next 1 year.
Investment Value Over Time
Property Appreciation
3.4%
Revenue Appreciation
0%
Cash on Cash Return
190.62%
Cap Rate
29.55%
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
$9,614
Deductible property tax
$2,189
Your total deduction
-$16,093
Your adjusted annual income
$150,000 - -$16,093 = $166,093
Taxes on $166,093 (30%)
$49,828
Your old tax bill
$45,000
Your new tax bill
$49,828
Estimated tax savings
-$4,828
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