2 bed • 2 bath • 6 guests
Purchase Price
Est. $1,577/mo
Median of 25 selected comps
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$30k
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$75k
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Seasonality
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Revenue
$44,752
Operating Expenses
$25,421
Operating Income
$19,331
Mortgage & Taxes
$23,947
Profit (Cash Flow)
-$4,616
Down Payment
$71,000
Renos & Furnishing
$13,000
Closing Costs
$10,650
Total
$94,650
DSCR Ratio
Weak
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-4.87%
Cap Rate
5.44%
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
$16,849
Deductible property tax
$3,514
Estimated gross deduction
$103,273
Your income tax rate
Estimated tax savings
$30,982
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.