970 US-98 Destin, Florida
3 bed • 3 bath • 9 guests
Purchase Price
Est. $2,661/mo
$79,124
Annual Revenue
Median of 25 selected comps
- Avg Daily Rate
- $499
- Occupancy
- 43%
$5k
$45k
$85k
$130k
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Seasonality
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$6,443
Profit
Revenue
$79,124
Operating Expenses
$32,274
Operating Income
$46,850
Mortgage & Taxes
$40,407
Profit (Cash Flow)
$6,443
$146,520
Cash Investment
Down Payment
$119,800
Renos & Furnishing
$8,750
Closing Costs
$17,970
Total
$146,520
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
4.39%
Cap Rate
7.82%
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
$28,429
Deductible property tax
$5,930
Estimated gross deduction
$170,300
Your income tax rate
Estimated tax savings
$51,090
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?
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