457 W Hobbie St Chicago, Illinois
3 bed • 2.5 bath • 6 guests
Purchase Price
Est. $4,331/mo
$188,430
Annual Revenue
Median of 25 comps selected by Kevin, creator of this analysis.
- Avg Daily Rate
- $860
- Occupancy
- 60%
$20k
$105k
$195k
$285k
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Seasonality
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$64,699
Profit
Revenue
$188,430
Operating Expenses
$57,961
Operating Income
$130,469
Mortgage & Taxes
$65,770
Profit (Cash Flow)
$64,699
$242,130
Cash Investment
Down Payment
$195,000
Renos & Furnishing
$17,880
Closing Costs
$29,250
Total
$242,130
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
26.72%
Cap Rate
13.38%
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
$46,275
Deductible property tax
$9,653
Estimated gross deduction
$278,291
Your income tax rate
Estimated tax savings
$83,487
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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