3 bed • 2 bath • 8 guests
Purchase Price
Est. $2,788/mo
Median of 25 comps selected by Bayne, creator of this analysis.
$15k
$70k
$130k
$190k
Seasonality
Break-even
$6,426/mo
Avg profit / month
-$829/mo
Best profit month
Oct $2,496
Revenue
$67,163
Operating Expenses
$29,463
Operating Income
$37,700
Mortgage & Taxes
$47,652
Profit (Cash Flow)
-$9,952
Down Payment
$156,875
Renos & Furnishing
$13,200
Closing Costs
$18,825
Total
$188,900
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-5.26%
Cap Rate
6%
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
$37,363
Deductible property tax
$6,212
Estimated gross deduction
$187,194
Your income tax rate
Estimated tax savings
$56,158
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.