5700 Collins Ave Miami Beach, Florida, 33140-2314
2 bed • 2 bath • 4 guests • $400,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$77,841
Profit (Cash Flow)
$27,065
Cap Rate
13.5%
Annual Revenue
AirDNA projects $296/night at 72% occupancy ($77,841)
Occupancy Rate
Avg Daily Rate
Return Metrics
27.47% 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
27.47%
Cap Rate
13.51%
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
$18,984
Deductible property tax
$3,960
Your total deduction
$28,937
Your adjusted annual income
$150,000 - $28,937 = $121,063
Taxes on $121,063 (30%)
$36,319
Your old tax bill
$45,000
Your new tax bill
$36,319
Estimated tax savings
$8,681
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