329 NE 59th St Oak Island, North Carolina
4 bed • 3 bath • 12 guests
Purchase Price
Est. $3,277/mo
$737,600
Zestimate
$77,299
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $508
- Occupancy
- 42%
$10k
$100k
$195k
$300k
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Seasonality
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-$4,302
Profit
Revenue
$77,299
Operating Expenses
$31,845
Operating Income
$45,454
Mortgage & Taxes
$49,756
Profit (Cash Flow)
-$4,302
$189,536
Cash Investment
Down Payment
$147,520
Renos & Furnishing
$19,888
Closing Costs
$22,128
Total
$189,536
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
-2.26%
Cap Rate
6.16%
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
$35,007
Deductible property tax
$7,302
Estimated gross deduction
$212,439
Your income tax rate
Estimated tax savings
$63,732
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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