608 N 10th St Wilmington, North Carolina
2 bed • 1 bath • 6 guests
Purchase Price
Est. $1,151/mo
$287,300
Zestimate
$36,926
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $232
- Occupancy
- 44%
$5k
$20k
$40k
$55k
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Seasonality
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-$2,903
Profit
Revenue
$36,926
Operating Expenses
$22,358
Operating Income
$14,568
Mortgage & Taxes
$17,471
Profit (Cash Flow)
-$2,903
$72,722
Cash Investment
Down Payment
$51,800
Renos & Furnishing
$13,152
Closing Costs
$7,770
Total
$72,722
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
-3.99%
Cap Rate
5.62%
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
$12,292
Deductible property tax
$2,564
Estimated gross deduction
$76,446
Your income tax rate
Estimated tax savings
$22,934
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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