2 bed • 2 bath • 6 guests
Purchase Price
Est. $666/mo
Median of 4 selected comps
$15k
$40k
$70k
$100k
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Seasonality
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Revenue
$89,367
Operating Expenses
$34,681
Operating Income
$54,686
Mortgage & Taxes
$1,485
Profit (Cash Flow)
$53,201
Renos & Furnishing
$12,032
Total
$12,032
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
31.94%
Cap Rate
36.45%
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
$0
Deductible property tax
$1,485
Estimated gross deduction
$38,479
Your income tax rate
Estimated tax savings
$11,544
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.