407 Deer Crossing Rd Ellicottville, New York
4 bed • 3 bath • 12 guests
Purchase Price
Est. $1,623/mo
$52,740
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $574
- Occupancy
- 25%
$5k
$35k
$70k
$105k
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Seasonality
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$2,017
Profit
Revenue
$52,740
Operating Expenses
$26,074
Operating Income
$26,666
Mortgage & Taxes
$24,649
Profit (Cash Flow)
$2,017
$97,842
Cash Investment
Down Payment
$73,080
Renos & Furnishing
$13,800
Closing Costs
$10,962
Total
$97,842
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
2.06%
Cap Rate
7.29%
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
$17,342
Deductible property tax
$3,617
Estimated gross deduction
$106,425
Your income tax rate
Estimated tax savings
$31,927
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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