151 SE 1st St 1702 Miami, Florida
2 bed • 1 bath • 6 guests
Purchase Price
Est. $1,710/mo
$69,976
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $369
- Occupancy
- 52%
$15k
$50k
$85k
$120k
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Seasonality
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$13,881
Profit
Revenue
$69,976
Operating Expenses
$30,124
Operating Income
$39,852
Mortgage & Taxes
$25,971
Profit (Cash Flow)
$13,881
$94,438
Cash Investment
Down Payment
$77,000
Renos & Furnishing
$5,888
Closing Costs
$11,550
Total
$94,438
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
14.69%
Cap Rate
10.35%
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
$18,272
Deductible property tax
$3,811
Estimated gross deduction
$109,538
Your income tax rate
Estimated tax savings
$32,861
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?
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