2308 Fiesta Dr Sarasota, Florida
4 bed • 3.5 bath • 12 guests
Purchase Price
Est. $5,553/mo
$82,889
Annual Revenue
Median of 23 selected comps
- Avg Daily Rate
- $482
- Occupancy
- 47%
$10k
$100k
$195k
$295k
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Seasonality
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-$34,591
Profit
Revenue
$82,889
Operating Expenses
$33,159
Operating Income
$49,730
Mortgage & Taxes
$84,321
Profit (Cash Flow)
-$34,591
$307,364
Cash Investment
Down Payment
$250,000
Renos & Furnishing
$19,864
Closing Costs
$37,500
Total
$307,364
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
-11.25%
Cap Rate
3.97%
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
$59,326
Deductible property tax
$12,375
Estimated gross deduction
$355,866
Your income tax rate
Estimated tax savings
$106,760
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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