2521 Sandy Banks Ln Wilmington, North Carolina
4 bed • 2 bath • 10 guests
Purchase Price
Est. $1,733/mo
$44,099
Annual Revenue
Median of 21 selected comps
- Avg Daily Rate
- $238
- Occupancy
- 51%
$5k
$50k
$95k
$140k
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Seasonality
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-$7,500
Profit
Revenue
$44,099
Operating Expenses
$25,291
Operating Income
$18,808
Mortgage & Taxes
$26,308
Profit (Cash Flow)
-$7,500
$104,060
Cash Investment
Down Payment
$78,000
Renos & Furnishing
$14,360
Closing Costs
$11,700
Total
$104,060
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-7.2%
Cap Rate
4.82%
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
$18,510
Deductible property tax
$3,861
Estimated gross deduction
$113,479
Your income tax rate
Estimated tax savings
$34,044
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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