3811 Long Rapids Rd Alpena, Michigan, 49707
2 bed • 1 bath • 7 guests • $199,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$31,754
Profit (Cash Flow)
$530
Cap Rate
7.0%
Annual Revenue
AirDNA projects $189/night at 46% occupancy ($31,754)
Occupancy Rate
Avg Daily Rate
Return Metrics
1.01% cash on cash return is a fair return over the next 1 year.
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
1.01%
Cap Rate
7%
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
$9,445
Deductible property tax
$1,970
Your total deduction
$27,914
Your adjusted annual income
$150,000 - $27,914 = $122,086
Taxes on $122,086 (30%)
$36,626
Your old tax bill
$45,000
Your new tax bill
$36,626
Estimated tax savings
$8,374
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