1 bed • 1 bath • 1 guests
Purchase Price
Est. $444/mo
Median of 2 selected comps
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$20k
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$40k
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Seasonality
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Revenue
$26,086
Operating Expenses
$19,810
Operating Income
$6,276
Mortgage & Taxes
$990
Profit (Cash Flow)
$5,286
Renos & Furnishing
$4,250
Total
$4,250
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
4.92%
Cap Rate
6.27%
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
$0
Deductible property tax
$990
Estimated gross deduction
$24,521
Your income tax rate
Estimated tax savings
$7,356
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.