615 Orange St Indianapolis, Indiana
4 bed • 3 bath • 10 guests
Purchase Price
Est. $1,777/mo
$55,513
Annual Revenue
Median of 8 comps selected by Rachelle, creator of this analysis.
- Avg Daily Rate
- $380
- Occupancy
- 40%
$15k
$45k
$70k
$100k
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Seasonality
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$3,368
Profit
Revenue
$55,513
Operating Expenses
$22,285
Operating Income
$33,228
Mortgage & Taxes
$29,861
Profit (Cash Flow)
$3,368
$65,750
Cash Investment
Down Payment
$40,000
Renos & Furnishing
$13,750
Closing Costs
$12,000
Total
$65,750
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
5.12%
Cap Rate
8.3%
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
$21,357
Deductible property tax
$3,960
Estimated gross deduction
$118,468
Your income tax rate
Estimated tax savings
$35,540
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Property Overview
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