1575 Ocean Shore Blvd 604 Ormond Beach, Florida
1 bed • 1 bath • 3 guests
Purchase Price
Est. $1,466/mo
$33,299
Annual Revenue
Median of 19 selected comps
- Avg Daily Rate
- $219
- Occupancy
- 42%
$0k
$20k
$40k
$55k
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Seasonality
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-$10,467
Profit
Revenue
$33,299
Operating Expenses
$21,505
Operating Income
$11,794
Mortgage & Taxes
$22,261
Profit (Cash Flow)
-$10,467
$79,540
Cash Investment
Down Payment
$66,000
Renos & Furnishing
$3,640
Closing Costs
$9,900
Total
$79,540
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
-13.15%
Cap Rate
3.57%
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
$15,662
Deductible property tax
$3,267
Estimated gross deduction
$93,467
Your income tax rate
Estimated tax savings
$28,040
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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