218 S Canyon Rd Rapid City, South Dakota
2 bed • 2 bath • 6 guests
Purchase Price
Est. $1,328/mo
$311,600
Zestimate
$48,466
Annual Revenue
Median of 6 selected comps
- Avg Daily Rate
- $239
- Occupancy
- 55%
$10k
$30k
$50k
$70k
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Seasonality
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$0
Profit
Revenue
$48,466
Operating Expenses
$25,070
Operating Income
$23,396
Mortgage & Taxes
$23,396
Profit (Cash Flow)
$0
$32,344
Cash Investment
Down Payment
$14,950
Renos & Furnishing
$8,424
Closing Costs
$8,970
Total
$32,344
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
0%
Cap Rate
7.82%
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
$16,852
Deductible property tax
$2,960
Estimated gross deduction
$88,886
Your income tax rate
Estimated tax savings
$26,666
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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