312 Highway 98 Mexico Beach, FL, 32456
4 bed • 2 bath • 12 guests
Est. $4,197/mo

This property is for sale!
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$91,402
Annual Revenue
Projected nightly rate is $362/night at 57% occupancy.
Top 101% of comparables
Top 101% of comparables
$6,426
Profit
Revenue
$91,402
Operating Expenses
$24,648
Operating Income
$66,754
Mortgage & Taxes
$60,328
Profit (Cash Flow)
$6,426
$211,750
Cash Investment
Down Payment
$175,000
Renos & Furnishing
$10,500
Closing Costs
$26,250
Total
$211,750
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
1%
Cash on Cash Return
3.46%
Cap Rate
7.62%
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
$46,439
Deductible property tax
$6,125
Your total deduction
$15,914
Your adjusted annual income
$150,000 - $15,914 = $134,086
Taxes on $134,086 (30%)
$40,226
Your old tax bill
$45,000
Your new tax bill
$40,226
Estimated tax savings
$4,774
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
7,492 sqft
Year built:
1976
Size:
2,194 sqft
Type:
SFR
Parking:
-
Heating:
FORCED AIR
Sold Comparables
Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
---|---|---|---|---|---|---|---|---|
100 3rd St | 3 | 2 | 2,912 | - | 4,966 | 1997 | $775,000 | 33 |
428 Arizona Dr | 2 | 2 | 1,586 | - | 10,890 | 2017 | $539,000 | 34 |
108 12th St | 3 | 2 | 3,840 | - | 10,759 | 2005 | $1,625,000 | - |
310 Hatley Dr | 3 | 1 | 1,552 | - | 9,365 | 1986 | $145,000 | 248 |
54 1st St | 2 | 2 | 1,542 | - | 27,704 | 1989 | $450,000 | 269 |
59 Oak Ave | 3 | 2 | 1,296 | - | 7,492 | 1976 | $440,000 | 96 |
311 Hatley Dr | 3 | 2 | 1,458 | - | 9,365 | 1984 | $399,000 | - |
413 Colorado Dr | 2 | 2 | 1,568 | - | 15,769 | 1998 | $368,500 | 68 |
111 15th St | 3 | 2 | 2,280 | - | 14,985 | 1971 | $650,000 | 27 |
63 Oak Ave | 2 | 2 | 2,144 | - | 10,934 | 1972 | $500,000 | 89 |
Property Details
- MLS Status: Active
- Property Use: Single Family Residence
- Stories: 1
- Lot size: 7,492 sqft
- Building area: 2,194 sqft
- Garage: No
- Heating: Forced air
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: MB01
- Land Use: Residential
- Parcel Number: 04249-000-000
- Flood Zone: No
Tax Info
- Year Assessed: 2022
- Assessed Value: $458,242
- County Est. Land Value: $361,250
- Assessed Land Value: $361,250
- County Est. Structure Value: $96,992
Market Estimate: $659,893
Sale history
Date | Sale Price | % Financed | Buyer |
---|---|---|---|
05/24/22 | $875,000 | 85% | Moore Real Estate Ventures Llc |
Ownership
- Name: Moore Real Est Ventures Llc,
- Owner Occupied: No
- Owner Mailing Address: 117 Tradepark Dr, Somerset, Ky 42503
- Years Owned: 15
- Home Equity: -
- Mortgage Balance Remaining: $743,750
- Financed amount: 85%
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No