6 bed • 7 bath • 18 guests
Purchase Price
Median of 16 comps selected by Savvy, creator of this analysis.
$40k
$190k
$335k
$500k
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Seasonality
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Revenue
$229,856
Operating Expenses
$67,696
Operating Income
$162,159
Mortgage & Taxes
$105,233
Profit (Cash Flow)
$56,927
Down Payment
$312,000
Renos & Furnishing
$32,864
Closing Costs
$46,800
Total
$391,664
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
14.53%
Cap Rate
10.39%
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
$74,039
Deductible property tax
$15,444
Estimated gross deduction
$446,542
Your income tax rate
Estimated tax savings
$133,963
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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