2309 SW Driftwood Ln Lincoln City, Oregon
3 bed • 2 bath • 9 guests
Purchase Price
Est. $4,220/mo
$746,800
Zestimate
$75,698
Annual Revenue
Median of 6 comps selected by Brandon, creator of this analysis.
- Avg Daily Rate
- $420
- Occupancy
- 49%
$5k
$55k
$105k
$155k
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Seasonality
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-$19,855
Profit
Revenue
$75,698
Operating Expenses
$31,469
Operating Income
$44,229
Mortgage & Taxes
$64,084
Profit (Cash Flow)
-$19,855
$229,412
Cash Investment
Down Payment
$190,000
Renos & Furnishing
$10,912
Closing Costs
$28,500
Total
$229,412
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
-8.65%
Cap Rate
4.65%
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
$45,088
Deductible property tax
$9,405
Estimated gross deduction
$269,202
Your income tax rate
Estimated tax savings
$80,761
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Property Overview
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