823 Northwood Dr South Bend, Indiana
3 bed • 1 bath • 9 guests
Purchase Price
Est. $1,003/mo
$43,532
Annual Revenue
Median of 25 comps selected by Dana, creator of this analysis.
- Avg Daily Rate
- $402
- Occupancy
- 30%
$10k
$65k
$120k
$180k
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Seasonality
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$4,390
Profit
Revenue
$43,532
Operating Expenses
$23,910
Operating Income
$19,622
Mortgage & Taxes
$15,232
Profit (Cash Flow)
$4,390
$58,934
Cash Investment
Down Payment
$45,160
Renos & Furnishing
$7,000
Closing Costs
$6,774
Total
$58,934
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
7.44%
Cap Rate
8.68%
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
$10,717
Deductible property tax
$2,235
Estimated gross deduction
$65,307
Your income tax rate
Estimated tax savings
$19,592
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Property Overview
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