1219 Sand Castle Rd Sanibel, Florida
3 bed • 2.5 bath • 6 guests
Purchase Price
Est. $3,110/mo
$80,988
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $561
- Occupancy
- 40%
$5k
$60k
$115k
$175k
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Seasonality
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$1,056
Profit
Revenue
$80,988
Operating Expenses
$32,712
Operating Income
$48,276
Mortgage & Taxes
$47,220
Profit (Cash Flow)
$1,056
$169,625
Cash Investment
Down Payment
$140,000
Renos & Furnishing
$8,625
Closing Costs
$21,000
Total
$169,625
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
0.62%
Cap Rate
6.89%
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
$33,223
Deductible property tax
$6,930
Estimated gross deduction
$198,535
Your income tax rate
Estimated tax savings
$59,561
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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