422 Merritt St Waveland, Mississippi
2 bed • 1 bath • 4 guests
Purchase Price
Est. $894/mo
$201,300
Zestimate
$29,135
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $210
- Occupancy
- 38%
$0k
$30k
$55k
$80k
Sign up to see the data on 50 all comparables
Seasonality
Sign up to view the full seasonality chart
-$4,971
Profit
Revenue
$29,135
Operating Expenses
$20,527
Operating Income
$8,608
Mortgage & Taxes
$13,579
Profit (Cash Flow)
-$4,971
$54,523
Cash Investment
Down Payment
$40,260
Renos & Furnishing
$8,224
Closing Costs
$6,039
Total
$54,523
DSCR Ratio
Weak
Get prequalified to make an offer
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Loading...
Cash on Cash Return
-9.11%
Cap Rate
4.27%
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
$9,554
Deductible property tax
$1,993
Estimated gross deduction
$58,816
Your income tax rate
Estimated tax savings
$17,645
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.
Property Overview
Loading...