1410 N State Pkwy 7A Chicago, Illinois
3 bed • 2.5 bath • 6 guests
Purchase Price
Est. $3,016/mo
$169,120
Annual Revenue
Median of 25 comps selected by Kevin, creator of this analysis.
- Avg Daily Rate
- $779
- Occupancy
- 60%
$30k
$110k
$185k
$270k
Sign up to see the data on 50 all comparables
Seasonality
Sign up to view the full seasonality chart
$69,894
Profit
Revenue
$169,120
Operating Expenses
$53,423
Operating Income
$115,697
Mortgage & Taxes
$45,803
Profit (Cash Flow)
$69,894
$172,170
Cash Investment
Down Payment
$135,800
Renos & Furnishing
$16,000
Closing Costs
$20,370
Total
$172,170
DSCR Ratio
Strong
Get prequalified to make an offer
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Loading...
Cash on Cash Return
40.59%
Cap Rate
17.03%
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
$32,226
Deductible property tax
$6,722
Estimated gross deduction
$194,869
Your income tax rate
Estimated tax savings
$58,461
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.