2016 Main St Houston, Texas
1 bed • 1 bath • 1 guests
Purchase Price
Est. $818/mo
$30,780
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $167
- Occupancy
- 51%
$5k
$35k
$60k
$95k
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Seasonality
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-$2,554
Profit
Revenue
$30,780
Operating Expenses
$20,913
Operating Income
$9,867
Mortgage & Taxes
$12,421
Profit (Cash Flow)
-$2,554
$44,613
Cash Investment
Down Payment
$36,825
Renos & Furnishing
$2,264
Closing Costs
$5,524
Total
$44,613
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
-5.72%
Cap Rate
5.35%
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
$8,739
Deductible property tax
$1,823
Estimated gross deduction
$52,221
Your income tax rate
Estimated tax savings
$15,666
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.