2700 Raintree Lake Cir Merritt Island, Florida
4 bed • 3 bath • 12 guests
Purchase Price
Est. $2,243/mo
$530,000
Zestimate
$50,204
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $278
- Occupancy
- 49%
$15k
$55k
$100k
$145k
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Seasonality
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-$9,340
Profit
Revenue
$50,204
Operating Expenses
$25,478
Operating Income
$24,726
Mortgage & Taxes
$34,066
Profit (Cash Flow)
-$9,340
$134,918
Cash Investment
Down Payment
$101,000
Renos & Furnishing
$18,768
Closing Costs
$15,150
Total
$134,918
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
-6.92%
Cap Rate
4.89%
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
$23,968
Deductible property tax
$4,999
Estimated gross deduction
$146,993
Your income tax rate
Estimated tax savings
$44,098
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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