8 bed • 2.5 bath • 8 guests
Purchase Price
Est. $666/mo
Median of 25 selected comps
$5k
$55k
$110k
$165k
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Seasonality
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Revenue
$80,784
Operating Expenses
$32,664
Operating Income
$48,120
Mortgage & Taxes
$10,119
Profit (Cash Flow)
$38,001
Down Payment
$30,000
Renos & Furnishing
$18,625
Closing Costs
$4,500
Total
$53,125
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
71.53%
Cap Rate
32.07%
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
$7,119
Deductible property tax
$1,485
Estimated gross deduction
$47,576
Your income tax rate
Estimated tax savings
$14,273
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.