4519 Pine Ave Hammond, Indiana
3 bed • 1 bath • 6 guests
Purchase Price
$38,537
Annual Revenue
Median of 25 comps selected by Sofia, creator of this analysis.
- Avg Daily Rate
- $237
- Occupancy
- 45%
$10k
$45k
$85k
$125k
$122,852 | $62,955 | $1,319 | 25.5% | 3 | 10 | 63 | 4 | 2 | $100 | ❌ | ❌ | ❌ | Yes / Yes | ✅ | ⭐️ 5 (1) | Profile | |
$64,781 | $35,072 | $216 | 82% | 3 | 6 | 24 | 3 | 1 | $0 | ❌ | ❌ | ❌ | No / Yes | ❌ | ⭐️ 4.6 (7) | — | |
$59,717 | $29,886 | $217 | 75.5% | 3 | 6 | 30 | 3 | 2 | $0 | ❌ | ❌ | ❌ | No / No | ❌ | ⭐️ 4.95 (93) | Profile | |
$54,922 | $32,204 | $431 | 34.9% | 3 | 7 | 160 | 3 | 3 | $75 | ❌ | ❌ | ❌ | Yes / Yes | ❌ | ⭐️ 4.79 (38) | Profile | |
$54,841 | $29,960 | $183 | 82% | 3 | 6 | 24 | 3 | 1 | $75 | ❌ | ❌ | ❌ | No / Yes | ❌ | ⭐️ 4.76 (115) | Profile |
Seasonality
Break-even
$2,738/mo
Avg profit / month
$474/mo
Best profit month
Jul $2,444
$5,682
Profit
Revenue
$38,537
Operating Expenses
$22,736
Operating Income
$15,801
Mortgage & Taxes
$10,119
Profit (Cash Flow)
$5,682
$42,750
Cash Investment
Down Payment
$30,000
Renos & Furnishing
$8,250
Closing Costs
$4,500
Total
$42,750
DSCR Ratio
Strong
Get prequalified to make an offer
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Loading...
Cash on Cash Return
13.29%
Cap Rate
10.53%
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
$7,119
Deductible property tax
$1,485
Estimated gross deduction
$44,464
Your income tax rate
Estimated tax savings
$13,339
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.