2 bed • 1 bath • 6 guests
Purchase Price
Est. $1,555/mo
$397,700
Zestimate
Median of 19 selected comps
$10k
$40k
$65k
$95k
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Seasonality
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Revenue
$52,602
Operating Expenses
$26,041
Operating Income
$26,561
Mortgage & Taxes
$27,387
Profit (Cash Flow)
-$827
Down Payment
$17,500
Renos & Furnishing
$6,560
Closing Costs
$10,500
Total
$34,560
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-2.39%
Cap Rate
7.58%
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
$19,726
Deductible property tax
$3,465
Estimated gross deduction
$103,056
Your income tax rate
Estimated tax savings
$30,917
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?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.
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