1049 Woodburn Rd Spartanburg, South Carolina, 29302-2867
1 bed • 1 bath • 3 guests
Est. $1,919/mo

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$24,698
Annual Revenue
AirDNA projects $98/night at 69% occupancy ($24,697.79).
Top 101% of comparables
Top 101% of comparables
-$18,576
Profit
Revenue
$24,698
Operating Expenses
$16,291
Operating Income
$8,407
Mortgage & Taxes
$26,983
Profit (Cash Flow)
-$18,576
$96,250
Cash Investment
Down Payment
$80,000
Renos & Furnishing
$4,250
Closing Costs
$12,000
Total
$96,250
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-19.29%
Cap Rate
2.1%
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
$18,984
Deductible property tax
$3,960
Your total deduction
$104,838
Your adjusted annual income
$150,000 - $104,838 = $45,162
Taxes on $45,162 (30%)
$13,549
Your old tax bill
$45,000
Your new tax bill
$13,549
Estimated tax savings
$31,451