1504 Catalpa St Louisville, Kentucky

3 bed • 2 bath • 8 guests

Purchase Price

Est. $102/mo

$53,919

Annual Revenue

Median of 25 selected comps

Avg Daily Rate: $355
Occupancy: 42%

$5k

$25k

$50k

$70k


Old Louisville Charm - pool table EXPO downtown	$71,157	$35,190	$435	44.8%	3	10	64	7	2	$195	❌	❌	❌	Yes / Yes	❌	⭐️ 4.95 (99)	Profile
Louisville Cozy Gem: Near Downtown & Attractions!	$70,878	$52,383	$328	59.2%	3	8	15	4	1	$0	❌	❌	❌	Yes / No	❌	⭐️ 4 (8)	—
Bitters Suite@The 713 Bourbon Trail!	$69,980	$47,342	$602	31.8%	3	6	71	3	2	$125	❌	❌	❌	Yes / No	❌	⭐️ 5 (38)	Profile
Spacious two-unit home in historic Old Louisville!	$67,451	$41,866	$323	57.2%	3	6	19	3	2	$0	❌	❌	❌	Yes / Yes	❌	⭐️ 4 (5)	Profile
*Oak Street Charm* -EXPO Downtown casual luxury in historic Old Louisville	$66,587	$40,948	$421	43.3%	3	10	65	3	2	$0	❌	❌	❌	Yes / No	❌	⭐️ 4.9 (63)	—

Loading amenity revenue opportunities

Seasonality

Break-even

$2,337/mo

Avg profit / month

$2,156/mo

Best profit month

Sep $4,506

$25,871

Profit

Revenue

$53,919

Operating Expenses

$26,351

Operating Income

$27,568

Mortgage & Taxes

$1,697

Profit (Cash Flow)

$25,871

$13,790

Cash Investment

Down Payment

$4,600

Renos & Furnishing

$8,500

Closing Costs

$690

Total

$13,790

DSCR Ratio

Strong

16.25

Get prequalified to make an offer

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

187.6%

Cap Rate

119.86%

Return on Investment

205.69%

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

$1,276

Deductible property tax

$228

Estimated gross deduction

$9,173

Your income tax rate

Estimated tax savings

$2,752

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.