3 bed • 2 bath • 9 guests
Purchase Price
Est. $288/mo
$64,800
Zestimate
Median of 11 selected comps
$10k
$30k
$55k
$80k
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Seasonality
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Revenue
$37,646
Operating Expenses
$22,527
Operating Income
$15,119
Mortgage & Taxes
$4,371
Profit (Cash Flow)
$10,748
Down Payment
$12,960
Renos & Furnishing
$9,472
Closing Costs
$1,944
Total
$24,376
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
44.09%
Cap Rate
23.33%
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
$3,075
Deductible property tax
$642
Estimated gross deduction
$20,981
Your income tax rate
Estimated tax savings
$6,294
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.
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