3 bed • 1 bath • 6 guests
Purchase Price
Est. $888/mo
$259,900
Zestimate
Median of 6 comps selected by Russell, creator of this analysis.
$5k
$25k
$45k
$65k
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Seasonality
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Revenue
$24,371
Operating Expenses
$19,407
Operating Income
$4,964
Mortgage & Taxes
$13,491
Profit (Cash Flow)
-$8,527
Down Payment
$40,000
Renos & Furnishing
$19,792
Closing Costs
$6,000
Total
$65,792
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-12.96%
Cap Rate
2.48%
Rental property owners can deduct depreciation, mortgage interest, and property taxes from their taxable income. See how much this property could save you. Read our tax guide.
If you buy this property, your estimated tax deduction will be...
Deductible mortgage interest
$9,492
Deductible property tax
$1,980
Estimated gross deduction
$61,923
Your income tax rate
Estimated tax savings
$18,577
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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