1022 Avenue L Galveston, Texas
4 bed • 2 bath • 10 guests
Purchase Price
Est. $1,684/mo
$368,000
Zestimate
$52,949
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $441
- Occupancy
- 33%
$10k
$70k
$135k
$205k
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Seasonality
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-$14,609
Profit
Revenue
$52,949
Operating Expenses
$33,480
Operating Income
$19,469
Mortgage & Taxes
$34,078
Profit (Cash Flow)
-$14,609
$58,334
Cash Investment
Down Payment
$37,900
Renos & Furnishing
$9,064
Closing Costs
$11,370
Total
$58,334
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-25.04%
Cap Rate
5.13%
STR Tax Calculator (USA)
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
$25,367
Deductible property tax
$3,752
Estimated gross deduction
$116,190
Your income tax rate
Estimated tax savings
$34,857
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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