6 bed • 5 bath • 18 guests
Purchase Price
Est. $1,111/mo
Median of 8 selected comps
$10k
$25k
$40k
$55k
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Seasonality
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Revenue
$24,764
Operating Expenses
$19,499
Operating Income
$5,264
Mortgage & Taxes
$16,864
Profit (Cash Flow)
-$11,600
Down Payment
$50,000
Renos & Furnishing
$22,032
Closing Costs
$7,500
Total
$79,532
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-14.58%
Cap Rate
2.1%
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
$11,865
Deductible property tax
$2,475
Estimated gross deduction
$76,591
Your income tax rate
Estimated tax savings
$22,977
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
Plan to claim the STR loophole?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.
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