3 bed • 3 bath • 6 guests
Purchase Price
Est. $1,932/mo
Median of 25 selected comps
$15k
$45k
$75k
$110k
Seasonality
Break-even
$4,511/mo
Avg profit / month
-$571/mo
Best profit month
Oct $2,761
Revenue
$47,278
Operating Expenses
$24,790
Operating Income
$22,488
Mortgage & Taxes
$29,344
Profit (Cash Flow)
-$6,856
Down Payment
$87,000
Renos & Furnishing
$8,750
Closing Costs
$13,050
Total
$108,800
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-6.3%
Cap Rate
5.16%
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
$20,646
Deductible property tax
$4,307
Estimated gross deduction
$124,392
Your income tax rate
Estimated tax savings
$37,318
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.