3004 S Ridge Dr Midlothian, Virginia, 23112-3830
3 bed • 2 bath • 8 guests
Est. $1,319/mo

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$55,137
Annual Revenue
Projected nightly rate is $222/night at 68% occupancy.
Top 101% of comparables
Top 101% of comparables
$15,934
Profit
Revenue
$55,137
Operating Expenses
$20,248
Operating Income
$34,889
Mortgage & Taxes
$18,955
Profit (Cash Flow)
$15,934
$73,750
Cash Investment
Down Payment
$55,000
Renos & Furnishing
$10,500
Closing Costs
$8,250
Total
$73,750
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
21.6%
Cap Rate
12.68%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$13,184
Deductible property tax
$3,025
Your total deduction
$12,789
Your adjusted annual income
$150,000 - $12,789 = $137,211
Taxes on $137,211 (30%)
$41,163
Your old tax bill
$45,000
Your new tax bill
$41,163
Estimated tax savings
$3,837
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