4 bed • 2 bath • 10 guests
Purchase Price
Est. $1,488/mo
Median of 24 selected comps
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Seasonality
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Revenue
$70,325
Operating Expenses
$32,186
Operating Income
$38,139
Mortgage & Taxes
$22,598
Profit (Cash Flow)
$15,541
Down Payment
$67,000
Renos & Furnishing
$22,000
Closing Costs
$10,050
Total
$99,050
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
15.68%
Cap Rate
11.38%
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
$15,899
Deductible property tax
$3,316
Estimated gross deduction
$100,375
Your income tax rate
Estimated tax savings
$30,112
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
Plan to claim the STR loophole?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.