641 Flamingo Dr Fort Lauderdale, Florida
6 bed • 9 bath • 18 guests
Purchase Price
Est. $46,515/mo
$10,470,700
Zestimate
$402,641
Annual Revenue
Median of 25 comps selected by Larissa, creator of this analysis.
- Avg Daily Rate
- $2,008
- Occupancy
- 55%
$30k
$300k
$570k
$860k
Sign up to see the data on 50 all comparables
Seasonality
Sign up to view the full seasonality chart
$137,280
Profit
Revenue
$402,641
Operating Expenses
$108,301
Operating Income
$294,340
Mortgage & Taxes
$157,061
Profit (Cash Flow)
$137,280
$10,833,437
Cash Investment
Down Payment
$10,470,700
Renos & Furnishing
$48,616
Closing Costs
$314,121
Total
$10,833,437
DSCR Ratio
Strong
Get prequalified to make an offer
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Loading...
Cash on Cash Return
1.26%
Cap Rate
2.81%
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
$0
Deductible property tax
$157,061
Estimated gross deduction
$2,502,047
Your income tax rate
Estimated tax savings
$750,614
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.
Property Overview
Loading...