245 Broadway South Portland, Maine
2 bed • 2 bath • 6 guests
Purchase Price
Est. $1,752/mo
$88,663
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $431
- Occupancy
- 56%
$15k
$95k
$175k
$260k
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Seasonality
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$27,549
Profit
Revenue
$88,663
Operating Expenses
$34,516
Operating Income
$54,147
Mortgage & Taxes
$26,598
Profit (Cash Flow)
$27,549
$97,969
Cash Investment
Down Payment
$78,860
Renos & Furnishing
$7,280
Closing Costs
$11,829
Total
$97,969
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
28.12%
Cap Rate
13.73%
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
$18,714
Deductible property tax
$3,904
Estimated gross deduction
$112,558
Your income tax rate
Estimated tax savings
$33,768
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?
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