Net operating income: gross STR income minus operating expenses, before mortgage and PMI. Cap rate uses NOI, cash flow does not.

Is the tax savings figure advice?

No. It is a sketch of year-1 bonus depreciation on a cost-segregation slice. Real cost-segregation studies, passive-loss rules, and recapture on sale change the picture. Talk to a tax professional.

Why does cash-on-cash fall when I put more money down?

You invest more cash for a modest monthly improvement, so the percentage return on that larger pile often drops even when the property is healthier.

Does this include sale costs at year 10?

No. The equity gain is appreciation plus principal paydown only. Selling typically costs around 6 to 8%, which would cut the walk-away number.

Are these numbers financial advice?

No. They are educational estimates based on the inputs and assumptions on this page. Confirm important decisions with a qualified professional and your own documents.

STR purchase dashboard

Short-term rental property analysis

Property info

Address

CityStateZip code

BedroomsBathroomsCommon spaces

Square feetYear built

Purchase & financing

Purchase price$Down payment%

Down payment ($)Calc$29,500.00

Term (years)Interest rate%Est. closing cost (% of price)%Monthly PMI$

Mortgage amount$265,500.00

Est. closing cost ($)$11,800.00

Monthly P&I$1,948.14

Total cash to closeCalc$41,300.00

Furnishing & rehab costs

Furnishing

Cost per bedroom$Cost per common space$

Est. cost to furnishCalc$18,000.00

Rehab

Estimated repair cost$Estimated holding cost$

Est. rehab costCalc$0.00

Total initial investment

$59,300.00

Income projections

Average nightly rate$

Average occupancy rate

80%

292 days per year

Gross monthly income$6,083.33

Gross annual incomeCalc$73,000.00

Operating expenses

Fixed monthly expenses

Property tax$Insurance$HOA fee$Utilities (water/electric/gas/sewer/trash)$Cable/internet$Pest control$Rental mgmt & pricing software$

Other Expense 1$Other Expense 2$

Percentage-based expenses

Repairs/maintenance%$304.17/moProperty management fee%$0.00/moAirbnb service fee%$182.50/mo

Operating expenses$1,689.67/mo $20,276.00/yr

+ Mortgage P&I$1,948.14/mo $23,377.74/yr

+ PMI$100.00/mo $1,200.00/yr

Total expenses (incl. debt service)$3,737.81/mo $44,853.74/yr

Key metrics dashboard

NOI (annual)

$52,724.00

Cap rate

17.87%

Monthly cash flow

$2,345.52

Annual cash flow

$28,146.26

Cash-on-cash return

47.46%

Deal score

Excellent Deal

100 / 100

BadExcellent

Break-even occupancy

You break even at 49.2% occupancy

Break-even nightly rate

You break even at $153.61/night

Months to recoup investment

You recoup in 26 months

The triple advantage

Cash flow · Tax savings · Equity

Cash flow

$28,146.26

Annual cash flow

$2,345.52/mo after all expenses & debt service

Tax savings

$21,240.00

Year 1 tax savings (cost seg)

Cost seg eligible (30% of price): $88,500.00
100% bonus deduction: $88,500.00
Tax bracket: 24%

Equity gain

$135,765.82

10-yr equity gain

Appreciation (3%/yr): $103,174.91
Mortgage paydown: $32,590.91

Combined year 1 advantage (cash flow + tax savings)$49,386.26

Expense breakdown (annual)

Property Tax$3,552.00
Insurance$3,000.00
Utilities$6,000.00
Cable/Internet$960.00
Pest Control$600.00
Software$324.00
Repairs$3,650.00
Airbnb Fees$2,190.00
Mortgage P&I$23,377.74
PMI$1,200.00

Monthly income vs expenses

Cash flow: $2,345.52

$6,083.33

Income

$3,737.81

Expenses

10-year projection

Annual income growth%Annual expense growth%Appreciation%Tax bracket%Cost segregation share%Bonus depreciation%Depreciable cost basis%Starting property value$

Annual & cumulative cash flow

Metric	Y1	Y2	Y3	Y4	Y5	Y6	Y7	Y8	Y9	Y10
Income	$73,000.00	$74,460.00	$75,949.20	$77,468.18	$79,017.55	$80,597.90	$82,209.86	$83,854.05	$85,531.13	$87,241.76
Ops expenses	$20,276.00	$20,884.28	$21,510.81	$22,156.13	$22,820.82	$23,505.44	$24,210.60	$24,936.92	$25,685.03	$26,455.58
Debt service	$23,377.74	$23,377.74	$23,377.74	$23,377.74	$23,377.74	$23,377.74	$23,377.74	$23,377.74	$23,377.74	$23,377.74
Cash flow	$29,346.26	$30,197.98	$31,060.65	$31,934.31	$32,818.99	$33,714.72	$34,621.51	$35,539.39	$36,468.37	$37,408.44
Cumulative CF	-$29,953.74	$244.24	$31,304.89	$63,239.21	$96,058.20	$129,772.92	$164,394.43	$199,933.82	$236,402.19	$273,810.62
Property value	$309,000.00	$318,270.00	$327,818.10	$337,652.64	$347,782.22	$358,215.69	$368,962.16	$380,031.02	$391,431.96	$403,174.91
Equity	$45,717.89	$57,389.87	$69,539.30	$82,191.10	$95,371.75	$109,109.54	$123,434.58	$138,379.04	$153,977.23	$170,265.82
Tax savings	$27,863.09	$6,578.91	$6,531.06	$6,479.25	$6,423.13	$6,362.35	$6,296.53	$6,225.24	$6,148.04	$6,064.43
Total ROI %	115.39%	81.70%	83.88%	86.11%	88.40%	90.75%	93.16%	95.63%	98.17%	100.78%

10-yr cash flow

$333,110.62

10-yr tax savings

$84,972.03

Total return

$553,848.48

Return on investment

933.98%

Educational estimate only. Cost segregation and bonus depreciation are sketches, not tax advice. Confirm with a qualified professional before acting.

The questions people usually ask next.