42 Fair St Newburyport, Massachusetts
1 bed • 1 bath • 3 guests
Purchase Price
Est. $1,555/mo
$67,152
Annual Revenue
Median of 15 selected comps
- Avg Daily Rate
- $317
- Occupancy
- 58%
$15k
$40k
$65k
$95k
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Seasonality
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$14,081
Profit
Revenue
$67,152
Operating Expenses
$29,461
Operating Income
$37,691
Mortgage & Taxes
$23,610
Profit (Cash Flow)
$14,081
$86,372
Cash Investment
Down Payment
$70,000
Renos & Furnishing
$5,872
Closing Costs
$10,500
Total
$86,372
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
16.3%
Cap Rate
10.76%
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
$16,611
Deductible property tax
$3,465
Estimated gross deduction
$99,735
Your income tax rate
Estimated tax savings
$29,921
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?
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