102 Patchen Ave New York, 11221-5520
6 bed • 6 bath • 12 guests
Est. $13,310/mo
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$232,186
Annual Revenue
Projected nightly rate is $978/night at 57% occupancy.
Top 101% of comparables
Top 101% of comparables
$12,644
Profit
Revenue
$232,186
Operating Expenses
$43,264
Operating Income
$188,921
Mortgage & Taxes
$176,277
Profit (Cash Flow)
$12,644
$598,250
Cash Investment
Down Payment
$499,500
Renos & Furnishing
$15,500
Closing Costs
$83,250
Total
$598,250
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
2.11%
Cap Rate
6.8%
STR 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
$112,240
Deductible property tax
$18,315
Your total deduction
$246,702
Your adjusted annual income
$150,000 - $246,702 = -$96,702
Taxes on -$96,702 (30%)
-$29,011
Your old tax bill
$45,000
Your new tax bill
-$29,011
Estimated tax savings
$74,011
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