3939 Admiral Ave Charlotte, North Carolina
3 bed • 2 bath • 12 guests
Purchase Price
Est. $1,892/mo
$425,900
Zestimate
$41,474
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $246
- Occupancy
- 46%
$15k
$35k
$50k
$70k
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Seasonality
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-$10,682
Profit
Revenue
$41,474
Operating Expenses
$23,426
Operating Income
$18,048
Mortgage & Taxes
$28,730
Profit (Cash Flow)
-$10,682
$112,053
Cash Investment
Down Payment
$85,180
Renos & Furnishing
$14,096
Closing Costs
$12,777
Total
$112,053
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
-9.53%
Cap Rate
4.23%
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
$20,214
Deductible property tax
$4,216
Estimated gross deduction
$123,449
Your income tax rate
Estimated tax savings
$37,035
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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