Option B · 3-Step Walkthrough

See what your STR is really earning — with bonus depreciation included

Three short steps. Then we show you the side-by-side that most investors don't see until 6 months after closing.

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Property Income Tax profile Reveal

Step 1 · The property

Start with what you'd pay for it and how much you're putting down.

Step 2 · The rental economics

Annual gross revenue and operating expenses — what your STR actually does for you.

Step 3 · Your tax profile

This is the lever bonus depreciation pulls. Higher bracket = bigger tax savings.
A note before the reveal
Bonus depreciation under §168(k) requires the property to qualify as a short-term rental under IRC §469(c)(2) (average stay of 7 days or less) and you must materially participate. State conformity not modeled. Not tax advice — verify with your CPA before relying on these numbers.
The Year-1 Difference
+$59,840
in federal cash savings most STR investors don't see until 6 months after closing — that's +35.2 pts of additional cash-on-cash return
Without Bonus Dep
7.1%
Year-1 cash-on-cash return
NOI$53,000
Debt service$51,946
Cash flow$1,054
Cash invested$212,500
With Bonus Dep ✓
42.3%
Effective Year-1 return
§168(k) deduction$187,000
Tax savings$59,840
Cash flow + savings$60,894
Cash invested$212,500

This is an estimate based on a default 22% bonus-eligible assumption. Run the line-item analysis on your actual property — closely calibrated to a formal $5,000–$8,000 cost seg study.

Run a Property Report — $99 →
Calculator is for educational purposes only. Federal §168(k) bonus depreciation assumes property qualifies for the STR exception under IRC §469(c)(2) and the taxpayer materially participates. State conformity not modeled.