6056 Sumter Ave N Minneapolis, Minnesota
4 bed • 2 bath • 9 guests
Purchase Price
Est. $1,466/mo
$339,400
Zestimate
$75,438
Annual Revenue
Median of 25 comps selected by Joseph, creator of this analysis.
- Avg Daily Rate
- $438
- Occupancy
- 47%
$0k
$60k
$115k
$175k
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Seasonality
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$24,903
Profit
Revenue
$75,438
Operating Expenses
$20,873
Operating Income
$54,565
Mortgage & Taxes
$29,662
Profit (Cash Flow)
$24,903
$73,400
Cash Investment
Down Payment
$49,500
Renos & Furnishing
$14,000
Closing Costs
$9,900
Total
$73,400
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
33.92%
Cap Rate
16.53%
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
$22,621
Deductible property tax
$3,267
Estimated gross deduction
$103,534
Your income tax rate
Estimated tax savings
$31,060
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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