4 bed • 4 bath • 10 guests
Purchase Price
Est. $1,844/mo
Median of 24 selected comps
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Seasonality
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Revenue
$68,277
Operating Expenses
$30,445
Operating Income
$37,832
Mortgage & Taxes
$27,995
Profit (Cash Flow)
$9,837
Down Payment
$83,000
Renos & Furnishing
$25,000
Closing Costs
$12,450
Total
$120,450
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
8.16%
Cap Rate
9.11%
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
$19,696
Deductible property tax
$4,109
Estimated gross deduction
$123,669
Your income tax rate
Estimated tax savings
$37,101
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
Plan to claim the STR loophole?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.