6 bed • 2.5 bath • 13 guests
Purchase Price
Est. $3,695/mo
$831,800
Zestimate
Median of 25 selected comps
$15k
$70k
$125k
$185k
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Seasonality
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Revenue
$116,564
Operating Expenses
$41,073
Operating Income
$75,491
Mortgage & Taxes
$8,235
Profit (Cash Flow)
$67,257
Renos & Furnishing
$26,408
Total
$26,408
Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
7.61%
Cap Rate
9.07%
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
$0
Deductible property tax
$8,235
Estimated gross deduction
$201,286
Your income tax rate
Estimated tax savings
$60,386
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.
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