838 Wright St Indianapolis, Indiana
4 bed • 2 bath • 12 guests
Purchase Price
Est. $1,995/mo
$349,300
Zestimate
$65,331
Annual Revenue
Median of 25 comps selected by Rachelle, creator of this analysis.
- Avg Daily Rate
- $422
- Occupancy
- 42%
$5k
$40k
$75k
$115k
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Seasonality
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$6,010
Profit
Revenue
$65,331
Operating Expenses
$29,033
Operating Income
$36,298
Mortgage & Taxes
$30,288
Profit (Cash Flow)
$6,010
$119,910
Cash Investment
Down Payment
$89,800
Renos & Furnishing
$16,640
Closing Costs
$13,470
Total
$119,910
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
5.01%
Cap Rate
8.08%
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
$21,310
Deductible property tax
$4,445
Estimated gross deduction
$130,678
Your income tax rate
Estimated tax savings
$39,204
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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