4 bed • 1 bath • 10 guests
Purchase Price
Est. $1,110/mo
Median of 4 comps selected by Bayne, creator of this analysis.
$10k
$20k
$30k
$40k
Seasonality
Break-even
$3,379/mo
Avg profit / month
-$581/mo
Best profit month
Jul $198
Revenue
$33,581
Operating Expenses
$21,572
Operating Income
$12,009
Mortgage & Taxes
$18,977
Profit (Cash Flow)
-$6,968
Down Payment
$62,475
Renos & Furnishing
$9,216
Closing Costs
$7,497
Total
$79,188
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-8.79%
Cap Rate
4.8%
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
$14,880
Deductible property tax
$2,474
Estimated gross deduction
$75,737
Your income tax rate
Estimated tax savings
$22,721
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.