6056 Sumter Ave N Minneapolis, Minnesota
3 bed • 2 bath • 6 guests
Purchase Price
Est. $1,507/mo
$339,300
Zestimate
$53,803
Annual Revenue
Median of 6 comps selected by Candice, creator of this analysis.
- Avg Daily Rate
- $335
- Occupancy
- 44%
$5k
$30k
$60k
$90k
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Seasonality
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$4,591
Profit
Revenue
$53,803
Operating Expenses
$26,324
Operating Income
$27,479
Mortgage & Taxes
$22,888
Profit (Cash Flow)
$4,591
$92,039
Cash Investment
Down Payment
$67,860
Renos & Furnishing
$14,000
Closing Costs
$10,179
Total
$92,039
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
4.98%
Cap Rate
8.09%
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
$16,104
Deductible property tax
$3,359
Estimated gross deduction
$99,179
Your income tax rate
Estimated tax savings
$29,754
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Property Overview
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