2303 Buckingham Ave Lakeland, Florida
2 bed • 2 bath • 6 guests
Purchase Price
Est. $2,071/mo
$466,100
Zestimate
$36,895
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $193
- Occupancy
- 52%
$5k
$20k
$35k
$50k
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Seasonality
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-$16,897
Profit
Revenue
$36,895
Operating Expenses
$22,350
Operating Income
$14,545
Mortgage & Taxes
$31,442
Profit (Cash Flow)
-$16,897
$120,851
Cash Investment
Down Payment
$93,220
Renos & Furnishing
$13,648
Closing Costs
$13,983
Total
$120,851
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
-13.98%
Cap Rate
3.12%
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
$22,122
Deductible property tax
$4,614
Estimated gross deduction
$134,568
Your income tax rate
Estimated tax savings
$40,370
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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