1301 Sheep Ridge Rd Fairplay, Colorado
3 bed • 2 bath • 9 guests
Purchase Price
Est. $2,197/mo
$494,600
Zestimate
$47,899
Annual Revenue
Median of 20 selected comps
- Avg Daily Rate
- $311
- Occupancy
- 42%
$5k
$30k
$55k
$85k
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Seasonality
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-$10,401
Profit
Revenue
$47,899
Operating Expenses
$24,936
Operating Income
$22,963
Mortgage & Taxes
$33,364
Profit (Cash Flow)
-$10,401
$123,838
Cash Investment
Down Payment
$98,920
Renos & Furnishing
$10,080
Closing Costs
$14,838
Total
$123,838
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
-8.39%
Cap Rate
4.64%
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
$23,474
Deductible property tax
$4,897
Estimated gross deduction
$141,475
Your income tax rate
Estimated tax savings
$42,442
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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