114 Main Sail Dr Miramar Beach, Florida
2 bed • 1.5 bath • 6 guests
Purchase Price
Est. $2,443/mo
$62,179
Annual Revenue
Median of 21 selected comps
- Avg Daily Rate
- $388
- Occupancy
- 44%
$5k
$30k
$60k
$90k
Sign up to see the data on 50 all comparables
Seasonality
Sign up to view the full seasonality chart
-$3,214
Profit
Revenue
$62,179
Operating Expenses
$28,292
Operating Income
$33,887
Mortgage & Taxes
$37,101
Profit (Cash Flow)
-$3,214
$132,875
Cash Investment
Down Payment
$110,000
Renos & Furnishing
$6,375
Closing Costs
$16,500
Total
$132,875
DSCR Ratio
Weak
Get prequalified to make an offer
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Loading...
Cash on Cash Return
-2.41%
Cap Rate
6.16%
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
$26,104
Deductible property tax
$5,445
Estimated gross deduction
$155,871
Your income tax rate
Estimated tax savings
$46,761
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.