1724 11th Ave N Lake Worth, Florida, 33460-2006

5 bed • 3 bath • 12 guests

Purchase Price

Est. $2,710/mo

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$102,791

Annual Revenue

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$38,235

Profit

Revenue

$102,791

Operating Expenses

$26,443

Operating Income

$76,348

Mortgage & Taxes

$38,113

Profit (Cash Flow)

$38,235

$142,700

Cash Investment

Down Payment

$113,000

Renos & Furnishing

$12,750

Closing Costs

$16,950

Total

$142,700

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

26.79%

Cap Rate

13.51%

Return on Investment

42.56%

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$26,815

Deductible property tax

$5,593

Your total deduction

$19,498

Your adjusted annual income

$150,000 - $19,498 = $130,502

Taxes on $130,502 (30%)

$39,150

Your old tax bill

$45,000

Your new tax bill

$39,150

Estimated tax savings

$5,850

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