1729 Spice Bottom Trail Banner Elk, North Carolina
3 bed • 2 bath • 9 guests
Purchase Price
Est. $3,018/mo
$42,138
Annual Revenue
Median of 25 comps selected by Eric, creator of this analysis.
- Avg Daily Rate
- $370
- Occupancy
- 31%
$10k
$35k
$65k
$90k
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Seasonality
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$2,053
Profit
Revenue
$42,138
Operating Expenses
$23,582
Operating Income
$18,556
Mortgage & Taxes
$16,502
Profit (Cash Flow)
$2,053
$579,286
Cash Investment
Down Payment
$543,520
Renos & Furnishing
$15,384
Closing Costs
$20,382
Total
$579,286
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
0.35%
Cap Rate
2.73%
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
$8,061
Deductible property tax
$6,726
Estimated gross deduction
$170,613
Your income tax rate
Estimated tax savings
$51,184
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Property Overview
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