BNBCalc Short Term Rental Rental Arbitrage Analysis 1204 Witham Dr, Muskegon, MI, 49445

2 bed • 1 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$58,037

Profit (Cash Flow)

$19,604

Cash on Cash Return

308.7%

Annual Revenue

$58,037

AirDNA projects $140/night at 49% occupancy ($25,055). Airbtics projects $164/night at 62% occupancy ($37,138). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 70% occupancy rate, $227 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$18,730	$34,440	$59,819	$92,945
Occupancy	53%	63%	70%	86%
Nightly Rate	$93	$144	$227	$289

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Bright & Boho by Beaches Bars Food Winter Sports	$51,484	$210	65%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (49)
Historic Downtown Flat w/Hot Tub [Second Floor]	$30,205	$201	38%	2	2	3	$150	❌	✅	✅	Y / Y	⭐️ 5 (21)
The River House	$39,981	$193	56%	2	1	1	$70	❌	❌	✅	Y / Y	⭐️ 5 (58)
Forest Avenue Bungalow	$23,473	$72	86%	2	1	1	$30	❌	❌	❌	N / Y	⭐️ 5 (779)
The Oakwood Cottage \| A Curated Retreat	$22,312	$65	87%	2	1	2	$70	❌	❌	❌	Y / Y	⭐️ 5 (310)
Modern "Lakeside Neighborhood" Vacation Home	$21,935	$100	55%	2	1	2	$120	❌	❌	✅	Y / Y	⭐️ 5 (50)
4-Season Gold Coast Cottage, 2 Mi to Winter Sports	$65,903	$295	56%	2	1	2	$175	❌	❌	❌	N / N	⭐️ 5 (68)
Muskegon: Lakeside 1 or 2 bed studio Apartment	$12,138	$51	63%	2	1	2	$29	❌	❌	❌	N / Y	⭐️ 5 (187)
Scenic Drive Resort on Lake Michigan - Cottage #4	$73,541	$282	70%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (42)
Scenic Drive Resort on Lake Michigan - Cottage #5	$79,334	$304	70%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (67)
Scenic Drive Resort on Lake Michigan - Cottage #1	$66,751	$297	60%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (37)
Cozy - Child & Pet Friendly Home - Near Everything	$16,602	$116	35%	2	1	2	$145	❌	❌	✅	Y / Y	⭐️ 5 (30)
Cottage like setting close to Lake Michigan	$25,629	$149	44%	2	1	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (76)
Spacious 2 bed apartment adjacent to beach!	$17,684	$80	52%	2	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (264)
Watch Us Go Bungalow	$20,215	$79	69%	2	1	2	$60	❌	❌	❌	Y / Y	⭐️ 5 (78)
★ Lakeside Bungalow \| Mahalo Home Collection	$30,775	$112	74%	2	1	2	$50	❌	❌	✅	Y / Y	⭐️ 5 (269)
Beach-Chic Farmhouse	$29,520	$110	68%	2	1	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (81)
Muskegon Channel, Sunsets, Boating Lake Michigan	$54,076	$284	50%	2	2	3	$240	❌	❌	✅	Y / Y	⭐️ 5 (27)
Lake Michigan Beach Cottage - Stunning Views	$31,135	$147	54%	2	1	1	$100	❌	❌	❌	N / Y	⭐️ 5 (98)
Betz Bungalow \| Cozy and Modern near all beaches	$24,007	$100	62%	2	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (92)
Scenic Drive Resort on Lake Michigan - Cottage #3	$67,935	$281	65%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (20)
The Beach Nest	$28,292	$153	47%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (29)
Lakeside Landing	$27,549	$90	81%	2	1	1	$40	❌	❌	❌	Y / Y	⭐️ 5 (417)
Muskegon-Lake House-Grand Haven	$15,464	$84	47%	2	1	2	$120	✅	❌	❌	Y / Y	⭐️ 5 (74)
Lakeside Getaway \| Minutes from Lake Michigan	$21,281	$105	54%	2	1	2	$55	❌	❌	✅	Y / Y	⭐️ 5 (89)
The Cedar Leaf Cottage \| A Curated Retreat	$25,642	$76	87%	2	1	1	$70	❌	❌	❌	Y / Y	⭐️ 5 (141)
Bailey Sands Beach Cottage, Lake Michigan Beach	$24,320	$95	68%	2	1	2	$80	❌	❌	✅	N / Y	⭐️ 4.8 (142)
Cozy Retreat near Lake Michigan	$33,542	$171	52%	2	1	2	$75	❌	❌	✅	Y / Y	⭐️ 5 (113)
Scenic Drive Resort on Lake Michigan - Cottage #7	$66,362	$280	63%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (40)
Modern Bungalow Home Near Lake Michigan & Parks	$93,464	$383	65%	2	1	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (44)
Oasis Acres - Nature Retreat by the Lakes	$16,171	$142	31%	2	1	2	$25	❌	❌	❌	N / Y	⭐️ 5 (25)
Scenic Drive Resort on Lake Michigan - Cottage #6	$76,106	$289	71%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (27)
Scenic Drive Resort on Lake Michigan - Cottage #2	$68,511	$283	65%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (39)
Charming Home with Private Backyard and Firepit	$36,758	$106	93%	2	1	2	$75	❌	❌	✅	Y / Y	⭐️ 4.5 (41)
Montgomery Bungalow	$24,761	$79	81%	2	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (141)
The Cottage \| A Cozy, Vintage Retreat	$33,027	$142	62%	2	1	2	$60	❌	❌	✅	Y / Y	⭐️ 5 (103)
Serene Beach Retreat	$54,165	$190	71%	2	3	2	$200	❌	❌	✅	Y / Y	⭐️ 5 (60)
Your View-Beach Cottage steps to Lake Michigan	$26,558	$161	42%	2	1	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (56)
Savannah Sands Beach Cottage	$26,130	$82	86%	2	1	2	$80	❌	❌	✅	N / Y	⭐️ 5 (236)
Lake Michigan Beach Cottage #6	$35,927	$146	63%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (34)

Return Metrics

308.73% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$19,604	$39,208	$58,813	$78,417	$98,022	$196,044	$588,132
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$0	$0	$0	$0	$0	$0	$0
Total Return	$19,604	$39,208	$58,813	$78,417	$98,022	$196,044	$588,132

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

308.73%

Payback Period Days

118

Return on Investment

308.73%

1204 Witham Dr Muskegon, Michigan, 49445

2 bed • 1 bath • 4 guests

Monthly Rent

Inquire about this property

Contact Agent

$58,037

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $140/night at 49% occupancy.Projected nightly rate is $164/night at 62% occupancy.

Occupancy Rate

Top 28% 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.

$38,466

Avg annual revenue

62%

Avg occupancy rate

$164

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

$10k

$40k

$65k

$95k

$19,604

Profit

Revenue

$58,037

Operating Expenses

$19,545

Operating Income

$38,492

Net Effective Rent

$18,888

Profit (Cash Flow)

$19,604

$6,350

Cash Investment

Renos & Furnishing

$6,250

Setup Costs

$100

Total

$6,350

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

308.73%

Payback Period Days

118