614 East 21st St Indianapolis, Indiana
4 bed • 3.5 bath • 12 guests
Purchase Price
$446,400
Zestimate
$68,731
Annual Revenue
Median of 25 comps selected by Savvy, creator of this analysis.
- Avg Daily Rate
- $424
- Occupancy
- 44%
$10k
$70k
$125k
$190k
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Seasonality
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$8,786
Profit
Revenue
$68,731
Operating Expenses
$29,832
Operating Income
$38,899
Mortgage & Taxes
$30,113
Profit (Cash Flow)
$8,786
$116,368
Cash Investment
Down Payment
$89,280
Renos & Furnishing
$13,696
Closing Costs
$13,392
Total
$116,368
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
7.55%
Cap Rate
8.71%
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
$21,187
Deductible property tax
$4,419
Estimated gross deduction
$129,067
Your income tax rate
Estimated tax savings
$38,720
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Property Overview
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