2 bed • 1.5 bath • 4 guests
Purchase Price
Est. $1,839/mo
Median of 16 selected comps
$5k
$35k
$65k
$100k
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Seasonality
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Revenue
$55,505
Operating Expenses
$26,724
Operating Income
$28,781
Mortgage & Taxes
$27,927
Profit (Cash Flow)
$854
Down Payment
$82,800
Renos & Furnishing
$9,784
Closing Costs
$12,420
Total
$105,004
DSCR Ratio
Acceptable
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
0.81%
Cap Rate
6.95%
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
$19,649
Deductible property tax
$4,099
Estimated gross deduction
$118,824
Your income tax rate
Estimated tax savings
$35,647
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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