482 Lake Road Mattawamkeag, ME
2 bed • 1 bath • 6 guests
Purchase Price
Est. $1,111/mo
$232,800
Zestimate
$33,928
Annual Revenue
Median of 7 comps selected by Derry, creator of this analysis.
- Avg Daily Rate
- $217
- Occupancy
- 43%
$10k
$20k
$30k
$40k
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Seasonality
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-$4,589
Profit
Revenue
$33,928
Operating Expenses
$21,653
Operating Income
$12,275
Mortgage & Taxes
$16,864
Profit (Cash Flow)
-$4,589
$69,020
Cash Investment
Down Payment
$50,000
Renos & Furnishing
$11,520
Closing Costs
$7,500
Total
$69,020
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
-6.64%
Cap Rate
4.9%
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
$11,865
Deductible property tax
$2,475
Estimated gross deduction
$73,437
Your income tax rate
Estimated tax savings
$22,031
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Property Overview
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