730 N 23rd St Richmond, Virginia
3 bed • 3 bath • 8 guests
Purchase Price
Est. $2,426/mo
$546,000
Zestimate
$53,910
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $336
- Occupancy
- 44%
$5k
$35k
$60k
$95k
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Seasonality
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-$9,270
Profit
Revenue
$53,910
Operating Expenses
$26,349
Operating Income
$27,561
Mortgage & Taxes
$36,831
Profit (Cash Flow)
-$9,270
$140,556
Cash Investment
Down Payment
$109,200
Renos & Furnishing
$14,976
Closing Costs
$16,380
Total
$140,556
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
-6.59%
Cap Rate
5.04%
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
$25,914
Deductible property tax
$5,405
Estimated gross deduction
$157,332
Your income tax rate
Estimated tax savings
$47,200
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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Property Overview
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