8 bed • 8.5 bath • 24 guests
Purchase Price
Est. $4,887/mo
Median of 25 selected comps
$25k
$145k
$270k
$400k
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Seasonality
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Revenue
$217,102
Operating Expenses
$64,699
Operating Income
$152,403
Mortgage & Taxes
$74,203
Profit (Cash Flow)
$78,200
Down Payment
$220,000
Renos & Furnishing
$20,125
Closing Costs
$33,000
Total
$273,125
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
28.63%
Cap Rate
13.85%
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
$52,207
Deductible property tax
$10,890
Estimated gross deduction
$313,955
Your income tax rate
Estimated tax savings
$94,187
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
Plan to claim the STR loophole?
To deduct STR losses against W-2 income, the IRS requires you to materially participate. Log your hours so you have proof at tax time.