3418 Rosecreek Cove Memphis, Tennessee
3 bed • 2 bath • 6 guests
Purchase Price
Est. $808/mo
$47,360
Annual Revenue
Median of 21 comps selected by Kevin, creator of this analysis.
- Avg Daily Rate
- $213
- Occupancy
- 61%
$15k
$35k
$55k
$75k
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Seasonality
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$10,287
Profit
Revenue
$47,360
Operating Expenses
$24,810
Operating Income
$22,550
Mortgage & Taxes
$12,264
Profit (Cash Flow)
$10,287
$50,314
Cash Investment
Down Payment
$36,360
Renos & Furnishing
$8,500
Closing Costs
$5,454
Total
$50,314
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
20.44%
Cap Rate
12.4%
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
$8,628
Deductible property tax
$1,800
Estimated gross deduction
$53,440
Your income tax rate
Estimated tax savings
$16,032
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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