2 bed • 1 bath • 3 guests
Purchase Price
Est. $1,000/mo
Median of 4 comps selected by Derry, creator of this analysis.
$10k
$30k
$50k
$70k
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Seasonality
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Revenue
$54,995
Operating Expenses
$26,604
Operating Income
$28,391
Mortgage & Taxes
$15,178
Profit (Cash Flow)
$13,213
Down Payment
$45,000
Renos & Furnishing
$5,856
Closing Costs
$6,750
Total
$57,606
DSCR Ratio
Strong
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Property Appreciation
3%
Revenue Appreciation
3%
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Cash on Cash Return
22.93%
Cap Rate
12.61%
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
$10,679
Deductible property tax
$2,228
Estimated gross deduction
$64,740
Your income tax rate
Estimated tax savings
$19,422
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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