712 W Grand Blvd Detroit, Michigan, 48216-1004
3 bed • 1 bath • 8 guests
Purchase Price
Est. $875/mo
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$51,193
Annual Revenue
Occupancy Rate
Top 101% of comparables
Avg Daily Rate
Top 101% of comparables
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
36.94%
Cap Rate
16.9%
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 est deduction will be...
Deductible mortgage interest
$8,662
Deductible property tax
$1,807
Your total deduction
$8,016
Your adjusted annual income
$150,000 - $8,016 = $141,984
Taxes on $141,984 (30%)
$42,595
Your old tax bill
$45,000
Your new tax bill
$42,595
Estimated tax savings
$2,405
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