2057 Cornell Ave Indianapolis, Indiana
4 bed • 2 bath • 8 guests
Purchase Price
Est. $1,879/mo
$70,178
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $434
- Occupancy
- 44%
$10k
$75k
$135k
$205k
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Seasonality
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$11,472
Profit
Revenue
$70,178
Operating Expenses
$30,172
Operating Income
$40,006
Mortgage & Taxes
$28,534
Profit (Cash Flow)
$11,472
$112,202
Cash Investment
Down Payment
$84,600
Renos & Furnishing
$14,912
Closing Costs
$12,690
Total
$112,202
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
10.22%
Cap Rate
9.45%
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
$20,076
Deductible property tax
$4,188
Estimated gross deduction
$122,882
Your income tax rate
Estimated tax savings
$36,865
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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