10 bed • 10 bath • 30 guests
Purchase Price
Est. $7,445/mo
$1,675,900
Zestimate
Median of 25 selected comps
$10k
$110k
$210k
$320k
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Seasonality
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Revenue
$54,301
Operating Expenses
$26,441
Operating Income
$27,860
Mortgage & Taxes
$113,051
Profit (Cash Flow)
-$85,191
Down Payment
$335,180
Renos & Furnishing
$38,144
Closing Costs
$50,277
Total
$423,601
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-20.11%
Cap Rate
1.66%
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
$79,540
Deductible property tax
$16,591
Estimated gross deduction
$480,570
Your income tax rate
Estimated tax savings
$144,171
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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