1612 20th Ave W Palmetto, Florida
5 bed • 3 bath • 14 guests
Purchase Price
Est. $2,639/mo
$129,267
Annual Revenue
Median of 22 comps selected by Fredy, creator of this analysis.
- Avg Daily Rate
- $673
- Occupancy
- 53%
$15k
$90k
$165k
$245k
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Seasonality
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$45,140
Profit
Revenue
$129,267
Operating Expenses
$44,058
Operating Income
$85,209
Mortgage & Taxes
$40,069
Profit (Cash Flow)
$45,140
$162,612
Cash Investment
Down Payment
$118,800
Renos & Furnishing
$25,992
Closing Costs
$17,820
Total
$162,612
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
27.75%
Cap Rate
14.34%
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
$28,192
Deductible property tax
$5,881
Estimated gross deduction
$174,073
Your income tax rate
Estimated tax savings
$52,222
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Property Overview
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