2506 40th St Lubbock, Texas
3 bed • 2 bath • 8 guests
Purchase Price
Est. $555/mo
$38,921
Annual Revenue
Median of 25 comps selected by Bayne, creator of this analysis.
- Avg Daily Rate
- $238
- Occupancy
- 45%
$10k
$40k
$65k
$95k
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Seasonality
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$7,662
Profit
Revenue
$38,921
Operating Expenses
$22,826
Operating Income
$16,095
Mortgage & Taxes
$8,432
Profit (Cash Flow)
$7,662
$37,250
Cash Investment
Down Payment
$25,000
Renos & Furnishing
$8,500
Closing Costs
$3,750
Total
$37,250
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
20.57%
Cap Rate
12.87%
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
$5,933
Deductible property tax
$1,237
Estimated gross deduction
$37,541
Your income tax rate
Estimated tax savings
$11,262
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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