417 18th Pl West Des Moines, Iowa
3 bed • 1.5 bath • 6 guests
Purchase Price
Est. $1,177/mo
$303,500
Zestimate
$40,375
Annual Revenue
Median of 17 selected comps
- Avg Daily Rate
- $252
- Occupancy
- 44%
$5k
$25k
$45k
$65k
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Seasonality
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-$669
Profit
Revenue
$40,375
Operating Expenses
$23,168
Operating Income
$17,207
Mortgage & Taxes
$17,876
Profit (Cash Flow)
-$669
$72,054
Cash Investment
Down Payment
$53,000
Renos & Furnishing
$11,104
Closing Costs
$7,950
Total
$72,054
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
-0.92%
Cap Rate
6.49%
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
$12,577
Deductible property tax
$2,623
Estimated gross deduction
$77,511
Your income tax rate
Estimated tax savings
$23,253
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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