1237 Cedar St South Bend, Indiana
4 bed • 2.5 bath • 12 guests
Purchase Price
Est. $1,543/mo
$347,300
Zestimate
$52,248
Annual Revenue
Median of 25 comps selected by Amanda, creator of this analysis.
- Avg Daily Rate
- $601
- Occupancy
- 24%
$15k
$185k
$355k
$540k
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Seasonality
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$2,862
Profit
Revenue
$52,248
Operating Expenses
$25,958
Operating Income
$26,290
Mortgage & Taxes
$23,428
Profit (Cash Flow)
$2,862
$89,703
Cash Investment
Down Payment
$69,460
Renos & Furnishing
$9,824
Closing Costs
$10,419
Total
$89,703
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
3.19%
Cap Rate
7.56%
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
$16,483
Deductible property tax
$3,438
Estimated gross deduction
$100,165
Your income tax rate
Estimated tax savings
$30,050
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Property Overview
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