5821 Waterworks Rd Midlothian, Texas
3 bed • 2 bath • 9 guests
Purchase Price
Est. $2,008/mo
$45,986
Annual Revenue
Median of 3 comps selected by Jen, creator of this analysis.
- Avg Daily Rate
- $237
- Occupancy
- 53%
$10k
$30k
$55k
$75k
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Seasonality
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-$8,991
Profit
Revenue
$45,986
Operating Expenses
$24,487
Operating Income
$21,499
Mortgage & Taxes
$30,490
Profit (Cash Flow)
-$8,991
$130,200
Cash Investment
Down Payment
$90,400
Renos & Furnishing
$26,240
Closing Costs
$13,560
Total
$130,200
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
-6.9%
Cap Rate
4.75%
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
$21,452
Deductible property tax
$4,475
Estimated gross deduction
$134,398
Your income tax rate
Estimated tax savings
$40,319
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Property Overview
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