212 Red Oak Ave Durham, North Carolina
4 bed • 2 bath • 12 guests
Purchase Price
Est. $1,177/mo
$56,678
Annual Revenue
Median of 22 comps selected by Faith, creator of this analysis.
- Avg Daily Rate
- $339
- Occupancy
- 46%
$15k
$95k
$175k
$265k
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Seasonality
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$6,821
Profit
Revenue
$56,678
Operating Expenses
$26,999
Operating Income
$29,678
Mortgage & Taxes
$22,857
Profit (Cash Flow)
$6,821
$44,698
Cash Investment
Down Payment
$26,500
Renos & Furnishing
$10,248
Closing Costs
$7,950
Total
$44,698
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
15.26%
Cap Rate
11.19%
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
$16,540
Deductible property tax
$2,623
Estimated gross deduction
$81,217
Your income tax rate
Estimated tax savings
$24,365
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Property Overview
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