411 W Cedar Ave Wake Forest, North Carolina
3 bed • 2 bath • 5 guests
Purchase Price
Est. $1,295/mo
$291,400
Zestimate
$48,259
Annual Revenue
Median of 19 selected comps
- Avg Daily Rate
- $275
- Occupancy
- 48%
$20k
$35k
$50k
$65k
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Seasonality
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$3,581
Profit
Revenue
$48,259
Operating Expenses
$25,021
Operating Income
$23,238
Mortgage & Taxes
$19,657
Profit (Cash Flow)
$3,581
$81,094
Cash Investment
Down Payment
$58,280
Renos & Furnishing
$14,072
Closing Costs
$8,742
Total
$81,094
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
4.41%
Cap Rate
7.97%
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
$13,830
Deductible property tax
$2,885
Estimated gross deduction
$85,792
Your income tax rate
Estimated tax savings
$25,738
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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