55 Water St New York, New York, 10041
2 bed • 1.5 bath • 3 guests
Est. $19,186/mo

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$162,336
Annual Revenue
Projected nightly rate is $626/night at 68% occupancy.
Top 101% of comparables
Top 101% of comparables
-$176,675
Profit
Revenue
$162,336
Operating Expenses
$70,784
Operating Income
$91,553
Mortgage & Taxes
$268,227
Profit (Cash Flow)
-$176,675
$926,375
Cash Investment
Down Payment
$800,000
Renos & Furnishing
$6,375
Closing Costs
$120,000
Total
$926,375
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
6.9%
Revenue Appreciation
0%
Cash on Cash Return
-19.07%
Cap Rate
2.28%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$189,844
Deductible property tax
$38,000
Your total deduction
$573,828
Your adjusted annual income
$150,000 - $573,828 = -$423,828
Taxes on -$423,828 (30%)
-$127,148
Your old tax bill
$45,000
Your new tax bill
-$127,148
Estimated tax savings
$172,148
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