925 N Larrabee St 2S Chicago, Illinois
3 bed • 2 bath • 6 guests
Purchase Price
Est. $4,887/mo
$174,571
Annual Revenue
Median of 25 comps selected by Kevin, creator of this analysis.
- Avg Daily Rate
- $831
- Occupancy
- 58%
$20k
$105k
$195k
$285k
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Seasonality
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$45,664
Profit
Revenue
$174,571
Operating Expenses
$54,704
Operating Income
$119,867
Mortgage & Taxes
$74,203
Profit (Cash Flow)
$45,664
$261,500
Cash Investment
Down Payment
$220,000
Renos & Furnishing
$8,500
Closing Costs
$33,000
Total
$261,500
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
17.46%
Cap Rate
10.89%
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
$52,207
Deductible property tax
$10,890
Estimated gross deduction
$310,468
Your income tax rate
Estimated tax savings
$93,140
Maximize the depreciation value on your tax returns. Get a free cost segregation benefit analysis from our engineering partner.
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