3551 Forest Manor Ave Indianapolis, Indiana
3 bed • 2 bath • 9 guests
Purchase Price
Est. $800/mo
$37,059
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $236
- Occupancy
- 43%
$10k
$50k
$90k
$130k
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Seasonality
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$2,916
Profit
Revenue
$37,059
Operating Expenses
$22,389
Operating Income
$14,670
Mortgage & Taxes
$11,754
Profit (Cash Flow)
$2,916
$59,760
Cash Investment
Down Payment
$41,400
Renos & Furnishing
$12,960
Closing Costs
$5,400
Total
$59,760
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
4.88%
Cap Rate
8.15%
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
$8,223
Deductible property tax
$1,782
Estimated gross deduction
$53,954
Your income tax rate
Estimated tax savings
$16,186
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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