1209 E New Haven Ave Melbourne, Florida
1 bed • 1 bath • 4 guests
Purchase Price
$28,271
Annual Revenue
Median of 25 comps selected by Savvy, creator of this analysis.
- Avg Daily Rate
- $143
- Occupancy
- 54%
$10k
$30k
$55k
$75k
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Seasonality
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-$9,285
Profit
Revenue
$28,271
Operating Expenses
$20,324
Operating Income
$7,947
Mortgage & Taxes
$17,232
Profit (Cash Flow)
-$9,285
$63,843
Cash Investment
Down Payment
$51,091
Renos & Furnishing
$5,088
Closing Costs
$7,664
Total
$63,843
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
-14.54%
Cap Rate
3.11%
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
$12,124
Deductible property tax
$2,529
Estimated gross deduction
$73,035
Your income tax rate
Estimated tax savings
$21,911
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?
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