301 S Miramar Ave apt 304 Indialantic, Florida, 32903-3263
2 bed • 2 bath • 6 guests
Est. $1,679/mo

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$58,348
Annual Revenue
Top 101% of comparables
Top 101% of comparables
-$3,488
Profit
Revenue
$58,348
Operating Expenses
$34,097
Operating Income
$24,250
Mortgage & Taxes
$27,738
Profit (Cash Flow)
-$3,488
$52,000
Cash Investment
Down Payment
$35,000
Renos & Furnishing
$6,500
Closing Costs
$10,500
Total
$52,000
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-6.7%
Cap Rate
6.92%
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
$18,688
Deductible property tax
$3,500
Your total deduction
$37,042
Your adjusted annual income
$150,000 - $37,042 = $112,958
Taxes on $112,958 (30%)
$33,887
Your old tax bill
$45,000
Your new tax bill
$33,887
Estimated tax savings
$11,113
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