806 Johnson Ave Lakeland, Florida
3 bed • 2 bath • 9 guests
Purchase Price
Est. $1,653/mo
$39,267
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $224
- Occupancy
- 48%
$5k
$25k
$40k
$60k
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Seasonality
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-$8,735
Profit
Revenue
$39,267
Operating Expenses
$22,908
Operating Income
$16,359
Mortgage & Taxes
$25,094
Profit (Cash Flow)
-$8,735
$94,840
Cash Investment
Down Payment
$74,400
Renos & Furnishing
$9,280
Closing Costs
$11,160
Total
$94,840
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
-9.2%
Cap Rate
4.39%
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
$17,656
Deductible property tax
$3,683
Estimated gross deduction
$106,916
Your income tax rate
Estimated tax savings
$32,075
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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