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List a property you own on Airbnb

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Rent from the landlord and list it on Airbnb

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BNBCalc Short Term Rental Investment Analysis 1137 S 7th St

3 bed • 1 bath • 8 guests • $672,700

BNB

Calc

Annual Revenue

$85,445

Profit (Cash Flow)

$15,279

Cap Rate

9.0%

Annual Revenue

$85,445

AirDNA projects $396/night at 54% occupancy ($78,103). Airbtics projects $321/night at 61% occupancy ($71,518). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 54% occupancy rate, $433 rate per night.

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

Percentiles25%50%75%90%
Revenue$42,070$70,643$118,319$138,504
Occupancy46%62%78%83%
Nightly Rate$242$303$405$443

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
3 BR-Immaculate Comfort, Walk To Michigan Stadium!

No image available

$84,632
$366
60%
322$175❌❌❌Y / Y⭐️ 5 (82)
3-BR, Clean, comfortable, walk to the Big House!

No image available

$91,436
$338
72%
323$175❌❌✅Y / Y⭐️ 5 (56)
By The Big House - 3bd/1.5bth, 1 mile to dwntwn

No image available

$42,064
$212
49%
322$150❌❌❌Y / Y⭐️ 4.8 (169)
Homey 3BR/2.5BA Townhouse, Walk to Big House!

No image available

$60,707
$436
37%
333$150❌❌❌Y / Y⭐️ 4.8 (28)
Spotless comfort & short walk to Michigan Stadium!

No image available

$86,768
$269
85%
331$150❌❌❌Y / Y⭐️ 5 (33)
3-BR Clean, comfortable, walk to Big House & more

No image available

$81,938
$264
81%
323$175❌❌✅Y / Y⭐️ 5 (80)
Comfy Home w/ Lots of Light, Close to Big House!

No image available

$54,136
$419
34%
333$150❌❌❌Y / Y⭐️ 4.8 (36)
Charming 3-Bdrm Home Near Downtown

No image available

$73,336
$235
83%
322$120❌❌✅Y / Y⭐️ 5 (22)
Home with lots of light, near big house!

No image available

$29,243
$165
46%
323$110❌❌❌Y / Y⭐️ 4.7 (96)
Cozy 3 bedroom home near stadium & free parking

No image available

$121,002
$507
65%
312$100❌❌❌Y / Y⭐️ 5 (10)

Return Metrics

9.37% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$15,278$30,557$45,836$61,115$76,394$152,789$458,367
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$538,160$538,160$538,160$538,160$538,160$538,160$538,160
Down Payment$134,540$134,540$134,540$134,540$134,540$134,540$134,540
Property Appreciation$20,181$40,967$62,377$84,429$107,143$231,352$960,119
Total Return$708,159$744,225$780,914$818,245$856,238$1,056,841$2,091,187

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

9.37%

Cap Rate

9.01%

Return on Investment

25.81%

property-location

1137 S 7th St Ann Arbor, Michigan, 48103-5501

3 bed • 1 bath • 8 guests

Est. $3,227/mo

Agent

This property is for sale!

Contact Agent

Ann Arbor

Zoning


Laws

$85,445

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $396/night at 54% occupancy.Projected nightly rate is $321/night at 61% occupancy.

Top 61% of comparables

Top 11% 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.

$72,526

Avg annual revenue

61%

Avg occupancy rate

$321

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

$30k

$60k

$90k

$120k

Sign up to see the data on 10 all comparables

$15,279

Profit

Revenue

$85,445

Operating Expenses

$24,788

Operating Income

$60,657

Mortgage & Taxes

$45,378

Profit (Cash Flow)

$15,279

$162,971

Cash Investment

Down Payment

$134,540

Renos & Furnishing

$8,250

Closing Costs

$20,181

Total

$162,971

DSCR Ratio

Strong

1.34

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

9.37%

Cap Rate

9.01%

Profit (Cummulative)

$15,279

$538,160

$8,250

$20,181

$0

Total Gain

$42,069

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

$31,927

Deductible property tax

$6,660

Your total deduction

$52,503

Your adjusted annual income

$150,000 - $52,503 = $97,497


Taxes on $97,497 (30%)

$29,249

Your old tax bill

$45,000

Your new tax bill

$29,249


Estimated tax savings

$15,751

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:

6,708 sqft

Year built:

1927

Size:

1,728 sqft

Type:

SFR

Parking:

1

Heating:

FORCED AIR

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
507 Berkley Ave321,296-6,6211927$620,0006
719 Hutchins Ave221,213-5,8811948$657,50031
812 Pauline Blvd321,386-6,7951920$375,00023
912 Hutchins Ave321,321-6,7521939$468,00014
1212 Prescott Ave21741-6,6211940$350,00025
524 Pauline Blvd331,900-6,6211926$675,00080
1131 S 7th St21772-6,7081940$260,000-
1128 S 7th St311,296-6,6211930$570,00031
407 Pauline Blvd322,288-9,1911927$370,000501
1206 Franklin Blvd31960-7,3621923$380,0002

Property Details

  • MLS Status: Active
  • Property Use: Single Family Residence
  • Stories: 2
  • Lot size: 6,708 sqft
  • Building area: 1,728 sqft
  • Garage: Yes
  • Heating: Forced air
  • Pool: No
  • Fireplaces: 0
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: R1D
  • Land Use: Residential
  • Parcel Number: 09-09-32-216-022
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $238,700
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $572,845


Sale history

DateSale Price% FinancedBuyer
03/02/16$00%Kj Tr Trust
12/28/15$300,00090%Juan L Marquez, Kelly Speth
07/01/13$00%Bethany Rocker
Invalid Date$177,50087%Nicholas E Else, Bethany Else
Invalid Date$142,5000%Joyn L Wessinger, Lelahni L Wessinger
Invalid Date$00%Nicholas E Else, Bethany Else

Ownership

  • Name: Kj Tr Trust
  • Owner Occupied: No
  • Owner Mailing Address: 1137 S 7th St, Ann Arbor, Mi 48103
  • Years Owned: 100
  • Home Equity: -
  • Mortgage Balance Remaining: $270,000
  • Financed amount: -
  • Owner Type: Individual
  • Lien: No
  • Inherited: No
  • Foreclosure: No