120 Joy Tract Rd Old Forge, New York
3 bed • 2 bath • 12 guests
Purchase Price
Est. $2,177/mo
$64,233
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $403
- Occupancy
- 44%
$15k
$50k
$85k
$125k
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Seasonality
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-$6,389
Profit
Revenue
$64,233
Operating Expenses
$27,935
Operating Income
$36,298
Mortgage & Taxes
$42,687
Profit (Cash Flow)
-$6,389
$65,487
Cash Investment
Down Payment
$49,000
Renos & Furnishing
$8,500
Closing Costs
$7,987
Total
$65,487
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
5%
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Cash on Cash Return
-9.75%
Cap Rate
7.4%
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
$35,011
Deductible property tax
$3,381
Estimated gross deduction
$149,998
Your income tax rate
Estimated tax savings
$44,999
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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