Investors & landlords

It depends. If this is the first year placed in service the amount can be significantly less. The amount you show is for a full year of depreciation. 

For example: If the property was placed in service in November, 2024 then the rate would be more like 0.455% for the first year. Each full year is either 3.636% or 3.637% depending on the year. See the chart below and in IRS Publication 946.