120 Edgewater Dr Fair Play, South Carolina
4 bed • 4.5 bath • 12 guests
Purchase Price
Est. $3,332/mo
$844,400
Zestimate
$45,954
Annual Revenue
Median of 25 comps selected by Thad, creator of this analysis.
- Avg Daily Rate
- $351
- Occupancy
- 36%
$5k
$55k
$105k
$160k
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Seasonality
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-$29,118
Profit
Revenue
$45,954
Operating Expenses
$24,479
Operating Income
$21,475
Mortgage & Taxes
$50,593
Profit (Cash Flow)
-$29,118
$201,372
Cash Investment
Down Payment
$150,000
Renos & Furnishing
$28,872
Closing Costs
$22,500
Total
$201,372
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
-14.45%
Cap Rate
2.86%
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
$35,596
Deductible property tax
$7,425
Estimated gross deduction
$218,605
Your income tax rate
Estimated tax savings
$65,582
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Property Overview
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