1313 Bissell St South Bend, Indiana
3 bed • 1.5 bath • 9 guests
Purchase Price
Est. $1,199/mo
$270,000
Zestimate
$38,322
Annual Revenue
Median of 25 comps selected by Amanda, creator of this analysis.
- Avg Daily Rate
- $315
- Occupancy
- 33%
$10k
$45k
$80k
$120k
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Seasonality
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-$2,577
Profit
Revenue
$38,322
Operating Expenses
$22,686
Operating Income
$15,636
Mortgage & Taxes
$18,213
Profit (Cash Flow)
-$2,577
$74,388
Cash Investment
Down Payment
$54,000
Renos & Furnishing
$12,288
Closing Costs
$8,100
Total
$74,388
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
-3.46%
Cap Rate
5.79%
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
$12,814
Deductible property tax
$2,673
Estimated gross deduction
$79,266
Your income tax rate
Estimated tax savings
$23,780
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Property Overview
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