1714 Cromwell Dr Norfolk, Virginia
4 bed • 2 bath • 12 guests
Purchase Price
Est. $1,523/mo
$342,800
Zestimate
$90,434
Annual Revenue
Median of 25 comps selected by Dinesh, creator of this analysis.
- Avg Daily Rate
- $489
- Occupancy
- 51%
$10k
$95k
$180k
$270k
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Seasonality
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$32,378
Profit
Revenue
$90,434
Operating Expenses
$34,932
Operating Income
$55,502
Mortgage & Taxes
$23,124
Profit (Cash Flow)
$32,378
$95,644
Cash Investment
Down Payment
$68,560
Renos & Furnishing
$16,800
Closing Costs
$10,284
Total
$95,644
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
33.85%
Cap Rate
16.19%
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
$16,270
Deductible property tax
$3,394
Estimated gross deduction
$100,998
Your income tax rate
Estimated tax savings
$30,300
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Property Overview
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