BNBCalc Short Term Rental Investment Analysis 102 Cottage Ln, Michigan City, IN, 46360

3 bed • 2 bath • 9 guests • $659,000

BNB

Calc

Annual Revenue

$60,704

Profit (Cash Flow)

$2,738

Cap Rate

5.9%

Annual Revenue

$60,704

AirDNA projects $294/night at 45% occupancy ($48,321). Airbtics projects $246/night at 50% occupancy ($44,925). Airbtics predicts this property will perform in the 51% revenue percentile

BNB Calc projects a 60% occupancy rate, $277 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles	25%	50%	75%	90%
Revenue	$23,749	$36,237	$62,765	$95,529
Occupancy	41%	46%	60%	69%
Nightly Rate	$155	$209	$277	$357

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Duplex \| Firepit \| GameRm \| Hot Tub-all yr \| DogOK	$26,665	$120	58%	3	2	1	$99	❌	✅	✅	Y / Y	⭐️ 5 (71)
Midcentury marvel steps from beach! Pups	$35,022	$132	70%	3	2	2	$150	✅	❌	✅	Y / Y	⭐️ 5 (131)
Boho Beach Getaway — short walk to the water!	$27,424	$130	53%	3	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (181)
Walk to Beach, Brand New Townhouse with EV Chargin	$57,607	$309	43%	3	2.5	1	$249	❌	❌	❌	Y / Y	⭐️ 0 (2)
Beach Farmhouse - Lake Michigan Beach & Hot Tub	$46,282	$256	48%	3	2	2	$200	❌	✅	✅	Y / Y	⭐️ 5 (67)
The White Cottage Home	$66,137	$278	65%	3	2	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (189)
Perfect 3 Bedroom Steps To Beach With Parking!	$26,435	$128	53%	3	1	2	$98	❌	❌	✅	Y / Y	⭐️ 5 (125)
Winter on the Lake, Monthly rentals	$31,124	$180	46%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 4.5 (32)
MTM Premier, Close to Beach, Hot Tub, Fire Pit	$47,252	$140	88%	3	1	2	$116	❌	✅	✅	Y / Y	⭐️ 5 (39)
HotTub/Beachfront/Sauna/Massage Chair/Games/Pets	$37,387	$202	48%	3	2	2	$100	❌	✅	✅	Y / Y	⭐️ 4.5 (94)
Lake Hills Hideaway-Beach, Hot Tub, Arcade, more..	$61,549	$231	69%	3	2	2	$175	❌	✅	❌	Y / Y	⭐️ 5 (68)
3BR Beach Cottage Steps to the Sandy Shores of Lak	$50,536	$280	43%	3	3.5	1	$199	❌	❌	❌	Y / Y	⭐️ 0 (2)
Lake Michigan Beach Cottage for 10	$92,385	$529	44%	3	2	1	$249	❌	❌	❌	Y / Y	⭐️ 0 (0)
Lake Michigan Getaway near the Beach	$84,956	$218	100%	3	2.5	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (128)
3 Bedroom + Loft Beachwalk Resort Classic	$68,094	$363	44%	3	3	1	$249	✅	❌	❌	Y / Y	⭐️ 0 (2)
Winter @ the Sheridan ~Short and long-term rental	$51,271	$228	60%	3	2	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (40)
Modern New-Build w/ Screened Porch - Walk to Beach	$44,468	$201	59%	3	2.5	1	$200	❌	✅	❌	Y / Y	⭐️ 5 (33)
Comfortable, newly renovated home, walk to beach!	$37,392	$166	60%	3	2	3	$100	❌	❌	❌	Y / Y	⭐️ 5 (94)
Life's A Beach! Relaxing ranch close to beach!!!	$21,978	$135	43%	3	1	2	$120	✅	❌	❌	Y / Y	⭐️ 5 (108)
Hot tub, Fireplace Chef Exp & 12 min walk to beach	$57,376	$277	56%	3	2.5	2	$200	❌	✅	❌	Y / Y	⭐️ 5 (16)
Beach Getaway House— short walk to the sand!	$36,008	$148	63%	3	1.5	1	$125	❌	❌	✅	Y / Y	⭐️ 5 (177)
Lovely condo on the Lake with rooftop deck, short	$102,640	$684	41%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (1)
Rose Cottage	$41,658	$281	40%	3	2	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (87)
Classic bungalow \| Sheridan Beach with fenced yard	$30,162	$201	41%	3	1	1	$0	❌	❌	❌	Y / Y	⭐️ 0 (1)
Midcentury Quiet Beach Retreat	$28,452	$169	46%	3	2	2	$0	❌	✅	✅	Y / Y	⭐️ 5 (23)
Dune Your Thing/Hot Tub/Close To Indiana Dunes	$22,185	$155	36%	3	1.5	2	$146	❌	✅	❌	Y / Y	⭐️ 5 (8)
"Peaceful, Cozy Cottage w/Walk to Sheridan Beach!"	$51,918	$216	63%	3	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (57)
The Beachglass Lake House	$47,757	$156	81%	3	1	3	$125	✅	❌	✅	Y / Y	⭐️ 5 (105)
Opulent townhome by Blue Chip,Hot Tub, Projector o	$42,076	$255	42%	3	3	1	$239	❌	✅	❌	Y / Y	⭐️ 4.6 (10)
The Lighthouse Beach House	$17,908	$166	28%	3	1	3	$125	❌	❌	✅	Y / Y	⭐️ 4.5 (25)
Quick walk to the beach- quiet neighborhood	$28,354	$242	31%	3	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (40)
Beautiful 3 story home with amazing lake views!	$83,740	$352	65%	3	2.5	2	$225	❌	❌	❌	Y / Y	⭐️ 5 (25)
Lake Shore Haven \| 5 min walk to beach	$36,893	$180	56%	3	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (12)
Lakeview House	$45,184	$267	45%	3	2	2	$200	❌	✅	✅	Y / Y	⭐️ 4.7 (15)
Lake Life Livin’- Beach House	$21,685	$237	25%	3	3	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Upgraded 3 Bed + Loft Beach House in Beachwalk Res	$61,411	$357	47%	3	2.5	1	$0	✅	❌	❌	Y / Y	⭐️ 0 (1)
Short walk to Sheridan Beach and Dune Billies	$18,093	$126	36%	3	1	4	$125	❌	❌	❌	N / N	⭐️ 4 (7)
Spectacular Beachfront Townhouse on Sheridan Beach	$103,161	$864	32%	3	2.5	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (43)
Adventure Awaits in Michigan City with Hot Tub	$17,546	$170	24%	3	2	1	$175	❌	✅	✅	Y / Y	⭐️ 3.5 (2)
Adventure Awaits, Hot Tub Year Round	$15,681	$126	34%	3	2	1	$0	❌	✅	❌	Y / Y	⭐️ 0 (0)

Return Metrics

1% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$2,738	$5,476	$8,214	$10,952	$13,690	$27,381	$82,144
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$415,170	$415,170	$415,170	$415,170	$415,170	$415,170	$415,170
Down Payment	$243,830	$243,830	$243,830	$243,830	$243,830	$243,830	$243,830
Property Appreciation	$19,770	$40,133	$61,107	$82,710	$104,961	$226,640	$940,565
Total Return	$681,508	$704,609	$728,321	$752,662	$777,652	$913,022	$1,681,710

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

Cap Rate

5.93%

Return on Investment

10.14%

102 Cottage Ln Michigan City, Indiana, 46360

3 bed • 2 bath • 9 guests

Purchase Price

Est. $3,161/mo

Inquire about this property

Contact Agent

Airbnb Investor Score

$2,738

Annual Profit

5.9%

Cap Rate

1.0%

Cash on Cash

$60,704

Annual Revenue

BNBCalc predicts this property will get $246 per night with 50% occupancy, putting it in the top 51% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 26% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$45,596

Avg annual revenue

50%

Avg occupancy rate

$246

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$15k

$45k

$75k

$105k

$2,738

Profit

Revenue

$60,704

Operating Expenses

$21,571

Operating Income

$39,132

Mortgage & Taxes

$36,394

Profit (Cash Flow)

$2,738

$272,100

Cash Investment

Down Payment

$243,830

Renos & Furnishing

$8,500

Closing Costs

$19,770

Total

$272,100

DSCR Ratio

Acceptable

1.08

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

Cap Rate

5.93%

Return on Investment

10.14%

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

$24,630

Deductible property tax

$6,524

Your total deduction

$65,135

Your adjusted annual income

$150,000 - $65,135 = $84,865

Taxes on $84,865 (30%)

$25,460

Your old tax bill

$45,000

Your new tax bill

$25,460

Estimated tax savings

$19,540

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com