1698 Broken Island Rd Palmyra, Virginia
5 bed • 6 bath • 15 guests
Purchase Price
Est. $3,935/mo
$885,800
Zestimate
$51,165
Annual Revenue
Median of 6 selected comps
- Avg Daily Rate
- $754
- Occupancy
- 19%
$10k
$55k
$100k
$150k
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Seasonality
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-$34,292
Profit
Revenue
$51,165
Operating Expenses
$25,704
Operating Income
$25,461
Mortgage & Taxes
$59,753
Profit (Cash Flow)
-$34,292
$248,934
Cash Investment
Down Payment
$177,160
Renos & Furnishing
$45,200
Closing Costs
$26,574
Total
$248,934
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-13.77%
Cap Rate
2.87%
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
$42,041
Deductible property tax
$8,769
Estimated gross deduction
$261,518
Your income tax rate
Estimated tax savings
$78,455
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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