1302 Lake Elbert Dr SE Winter Haven, Florida
5 bed • 4.5 bath • 15 guests
Purchase Price
Est. $2,489/mo
$560,200
Zestimate
$85,706
Annual Revenue
Median of 22 selected comps
- Avg Daily Rate
- $521
- Occupancy
- 45%
$10k
$70k
$130k
$190k
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Seasonality
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$14,095
Profit
Revenue
$85,706
Operating Expenses
$33,821
Operating Income
$51,885
Mortgage & Taxes
$37,789
Profit (Cash Flow)
$14,095
$149,854
Cash Investment
Down Payment
$112,040
Renos & Furnishing
$21,008
Closing Costs
$16,806
Total
$149,854
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
9.4%
Cap Rate
9.26%
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
$26,588
Deductible property tax
$5,546
Estimated gross deduction
$163,116
Your income tax rate
Estimated tax savings
$48,935
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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