6157 Midnight Pass Rd Siesta Key, Florida, 34242
2 bed • 2 bath • 4 guests • $575,000
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$38,898
Profit (Cash Flow)
-$18,622
Cap Rate
3.5%
Annual Revenue
AirDNA projects $213/night at 50% occupancy ($38,898)
Occupancy Rate
Avg Daily Rate
Return Metrics
-13.42% 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
-13.42%
Cap Rate
3.5%
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
$27,290
Deductible property tax
$5,692
Your total deduction
$98,573
Your adjusted annual income
$150,000 - $98,573 = $51,427
Taxes on $51,427 (30%)
$15,428
Your old tax bill
$45,000
Your new tax bill
$15,428
Estimated tax savings
$29,572
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