712 W Grand Blvd Detroit, Michigan, 48216-1004
3 bed • 1 bath • 8 guests • $182,500
Looking for the Perfect STR?
Tyler can help you find the right investment.
Tyler Coon
Realtor, STR Specialist
Annual Revenue
$51,193
Profit (Cash Flow)
$18,558
Cap Rate
16.9%
Annual Revenue
AirDNA projects $219/night at 64% occupancy ($51,193)
Occupancy Rate
Avg Daily Rate
Return Metrics
36.94% 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
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 estimated 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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