744 N Clark St Chicago, Illinois
2 bed • 2 bath • 4 guests
Purchase Price
Est. $2,577/mo
$116,311
Annual Revenue
Median of 25 comps selected by Kevin, creator of this analysis.
- Avg Daily Rate
- $559
- Occupancy
- 57%
$10k
$75k
$140k
$210k
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Seasonality
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$36,173
Profit
Revenue
$116,311
Operating Expenses
$41,013
Operating Income
$75,298
Mortgage & Taxes
$39,125
Profit (Cash Flow)
$36,173
$144,824
Cash Investment
Down Payment
$116,000
Renos & Furnishing
$11,424
Closing Costs
$17,400
Total
$144,824
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
24.97%
Cap Rate
12.98%
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
$27,527
Deductible property tax
$5,742
Estimated gross deduction
$165,784
Your income tax rate
Estimated tax savings
$49,735
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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