3 bed • 2 bath • 8 guests
Purchase Price
Est. $1,326/mo
Median of 25 selected comps
$15k
$45k
$80k
$115k
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Seasonality
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Revenue
$56,030
Operating Expenses
$26,847
Operating Income
$29,183
Mortgage & Taxes
$20,129
Profit (Cash Flow)
$9,054
Down Payment
$59,680
Renos & Furnishing
$20,000
Closing Costs
$8,952
Total
$88,632
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
10.21%
Cap Rate
9.77%
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
$14,162
Deductible property tax
$2,954
Estimated gross deduction
$89,530
Your income tax rate
Estimated tax savings
$26,859
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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