1600 Decatur St Richmond, Virginia
3 bed • 2.5 bath • 6 guests
Purchase Price
Est. $1,299/mo
$332,400
Zestimate
$53,666
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $322
- Occupancy
- 46%
$5k
$30k
$50k
$75k
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Seasonality
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$7,650
Profit
Revenue
$53,666
Operating Expenses
$26,292
Operating Income
$27,374
Mortgage & Taxes
$19,724
Profit (Cash Flow)
$7,650
$81,188
Cash Investment
Down Payment
$58,480
Renos & Furnishing
$13,936
Closing Costs
$8,772
Total
$81,188
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
9.42%
Cap Rate
9.36%
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
$13,878
Deductible property tax
$2,895
Estimated gross deduction
$86,031
Your income tax rate
Estimated tax savings
$25,809
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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