BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 10585 Marne St, Detroit, MI 48224

3 bed β€’ 1 bath β€’ 9 guests β€’ $85,000

BNB

Calc

Annual Revenue

$23,861

Profit (Cash Flow)

$1,346

Cap Rate

8.3%

Annual Revenue

$23,861

AirDNA projects $203/night at 48% occupancy ($35,589). Airbtics projects $139/night at 47% occupancy ($23,861). Airbtics predicts this property will perform in the 40% revenue percentile

BNB Calc projects a 47% occupancy rate, $139 rate per night.

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

Percentiles25%50%75%90%
Revenue$22,449$23,050$31,503$35,336
Occupancy38%49%57%61%
Nightly Rate$126$141$162$168

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Elegant & spacious 3/2 Gem in Harper Woods

No image available

$44,365
$190
54%
323$190❌❌❌Y / Y⭐️ 4.9 (70)
Vintage Charm, E. Eng. Village, 10min to Dtwn Det.

No image available

$23,088
$166
38%
322$0βœ…βŒβœ…Y / Y⭐️ 5 (14)
The Happy House

No image available

$22,455
$137
37%
321$85βŒβŒβœ…Y / Y⭐️ 4.7 (145)
Beautiful East Side Three Bedroom

No image available

$25,023
$125
51%
322$50❌❌❌Y / Y⭐️ 4.8 (34)
3-bedroom East side Bungalow

No image available

$22,448
$88
61%
313$110❌❌❌Y / Y⭐️ 4.7 (58)
Cozy and Quiet Ranch Home

No image available

$34,333
$159
59%
322$0❌❌❌Y / Y⭐️ 5 (10)
Entire house-3 beds/1 bath. New, Modern, and Cozy

No image available

$13,056
$89
38%
315$45❌❌❌Y / Y⭐️ 4.3 (43)
Fun, clean, safe Family home games room & parking

No image available

$33,664
$146
63%
323$0βœ…βŒβœ…Y / Y⭐️ 4.8 (5)
Elegant 2-Story Brick House w/ Workspace

No image available

$23,013
$131
48%
311$0βŒβŒβœ…Y / Y⭐️ 4.3 (12)

Return Metrics

4.84% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$1,345$2,691$4,036$5,382$6,727$13,455$40,367
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$68,000$68,000$68,000$68,000$68,000$68,000$68,000
Down Payment$17,000$17,000$17,000$17,000$17,000$17,000$17,000
Property Appreciation$2,550$5,176$7,881$10,668$13,538$29,232$121,317
Total Return$88,895$92,867$96,918$101,050$105,266$127,688$246,684

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

4.84%

Cap Rate

8.32%

Return on Investment

17.01%

property-location

10585 Marne St Detroit, MI, 48224

3 bed β€’ 1 bath β€’ 9 guests

Est. $408/mo

Agent

This property is for sale!

Contact Agent

Detroit

Guide

Zoning

Market

Guide


Laws


Market Data

45

Airbnb Investor Score

$1,345

Annual Profit

8.3%

Cap Rate

4.8%

Cash on Cash

$23,861

Annual Revenue

This property is projected to be in the top 40% revenue percentile compared to similar properties nearby.
Projected nightly rate is $203/night at 48% occupancy.Projected nightly rate is $139/night at 47% occupancy.

Top 51% of comparables

Top 51% of comparables


Seasonality

Sign up to view the full seasonality chart

10

Airbnb Comparables

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

$25,885

Avg annual revenue

47%

Avg occupancy rate

$139

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$10k

$25k

$35k

$45k

Sign up to see the data on 10 all comparables

$1,346

Profit

Revenue

$23,861

Operating Expenses

$16,782

Operating Income

$7,079

Mortgage & Taxes

$5,734

Profit (Cash Flow)

$1,346

$27,800

Cash Investment

Down Payment

$17,000

Renos & Furnishing

$8,250

Closing Costs

$2,550

Total

$27,800

DSCR Ratio

Acceptable

1.23

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

4.84%

Cap Rate

8.32%

Profit (Cummulative)

$1,346

$68,000

$8,250

$2,550

$0

Total Gain

$4,731

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

$4,034

Deductible property tax

$841

Your total deduction

$8,214

Your adjusted annual income

$150,000 - $8,214 = $141,786


Taxes on $141,786 (30%)

$42,536

Your old tax bill

$45,000

Your new tax bill

$42,536


Estimated tax savings

$2,464

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

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

-

Year built:

-

Size:

-

Type:

SFR

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: SFR
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: Yes
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -