3 bed • 2 bath • 8 guests
Purchase Price
Est. $1,732/mo
Median of 25 selected comps
$15k
$45k
$80k
$115k
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Seasonality
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Revenue
$60,760
Operating Expenses
$30,059
Operating Income
$30,701
Mortgage & Taxes
$26,301
Profit (Cash Flow)
$4,400
Down Payment
$77,980
Renos & Furnishing
$21,000
Closing Costs
$11,697
Total
$110,677
DSCR Ratio
Acceptable
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
3.97%
Cap Rate
7.87%
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
$18,505
Deductible property tax
$3,860
Estimated gross deduction
$115,443
Your income tax rate
Estimated tax savings
$34,633
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
Plan to claim the STR loophole?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.