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BNBCalc Short Term Rental Rental Arbitrage Analysis 1214 Griswold St, Detroit, MI, 48226

1 bed • 1 bath • 3 guests • $0

BNB

Calc

Annual Revenue

$30,461

Profit (Cash Flow)

-$5,923

Cash on Cash Return

-136.2%

Annual Revenue

$30,461

AirDNA projects $175/night at 53% occupancy ($33,876). Airbtics projects $139/night at 60% occupancy ($30,461). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 60% occupancy rate, $139 rate per night.

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

Percentiles25%50%75%90%
Revenue$17,262$29,739$48,108$68,595
Occupancy44%61%78%95%
Nightly Rate$103$128$161$189

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
Apartment in Downtown Detroit

No image available

$17,815
$126
37%
112$50✅❌❌Y / Y⭐️ 5 (12)
DWTN Grand Luxe Penthouse near Comerica, LCA, Fox

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$40,487
$198
54%
111$45❌❌❌Y / Y⭐️ 5 (260)
Perfect 1BR In Prime Location of Stadiums

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$28,213
$117
59%
111$70❌❌❌Y / Y⭐️ 5 (147)
Amazing 1 BR Apt In City Center

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$32,008
$119
67%
111$60❌❌❌Y / Y⭐️ 5 (168)
Detroit apartment_2

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$21,751
$129
44%
111$65❌❌❌Y / N⭐️ 4.5 (61)
Stay downtown and walk everywhere!

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$30,989
$122
65%
111$70❌❌❌Y / Y⭐️ 5 (613)
Walk to Theaters & Stadiums, Large Corner 1BDRM

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$25,054
$148
45%
112$75❌❌❌Y / Y⭐️ 5 (422)
Best location in Detroit! Historical & Updated

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$29,446
$131
60%
112$75❌❌❌Y / Y⭐️ 5 (117)
Downtown Large 1 BDRM, Walk Everywhere!

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$26,761
$145
50%
112$75❌❌❌Y / Y⭐️ 5 (122)
1408: 1BD Heart of Downtown! Free Parking

No image available

$34,511
$125
70%
11.51$85❌❌❌Y / Y⭐️ 5 (269)
1707: 1 to 4 Guests/Free Parking/Heart of Downtown

No image available

$38,268
$132
73%
11.51$85❌❌❌Y / Y⭐️ 5 (234)
1702: 1 to 4 Guests/Free Parking/Heart of Downtown

No image available

$24,779
$115
54%
11.51$85❌❌❌Y / Y⭐️ 5 (273)
Sonder Gabriel Richard | Accessible 1BR Apartment

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$36,535
$161
62%
111$0❌❌❌Y / Y⭐️ 4.5 (70)
Detroit's Perfect Downtown Haven

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$55,105
$163
91%
111$65❌❌❌Y / Y⭐️ 5 (22)
Sonder The Randolph | One-Bedroom Apartment

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$21,847
$127
47%
111$0❌❌❌Y / Y⭐️ 4.8 (143)
Luxury Gem in the heart of Downtown Detroit

No image available

$34,031
$165
54%
111$60❌❌❌Y / Y⭐️ 4.6 (25)
Luxury 1BD | DT Detroit | 1 Bed | Free Parking

No image available

$36,234
$99
100%
111$0❌❌✅Y / Y⭐️ 0 (12)
Luxury 1BD | DT Detroit | 1 Bed | Free Parking

No image available

$39,000
$111
96%
111$0❌❌✅Y / Y⭐️ 0 (6)
Luxury 1BD | DT Detroit | 1 Bed | Free Parking

No image available

$35,466
$102
95%
111$0❌✅✅Y / Y⭐️ 0 (11)
Luxury 1BD | DT Detroit | 1 Bed | Free Parking

No image available

$33,497
$104
88%
111$0❌✅✅Y / Y⭐️ 0 (10)
Chic Industrial Loft in Greektown

No image available

$19,091
$163
32%
111$0❌❌✅N / Y⭐️ 4.5 (15)
Perfectly located one bedroom in theatre district!

No image available

$49,571
$176
75%
112$65❌❌❌Y / Y⭐️ 5 (59)
Good looking

No image available

$30,436
$189
44%
111$0✅❌✅Y / N⭐️ 4.7 (10)
Lovely 1 bedroom center of downtown Detroit

No image available

$19,502
$148
36%
111$0❌❌✅Y / Y⭐️ 4.3 (41)
Downtown Detroit apartment

No image available

$26,439
$129
56%
11350$0❌❌❌Y / N⭐️ 0 (0)
Luxury 1BD | DT Detroit | 1 Bed | Free Parking

No image available

$27,450
$75
100%
111$0❌❌✅Y / Y⭐️ 0 (4)
Modern Dtown Style | 2 Min to Stadium

No image available

$39,968
$140
78%
111$0✅✅✅Y / Y⭐️ 4.7 (36)
Luxury 1BD | DT Detroit | 1 Bed | Free Parking

No image available

$16,470
$60
75%
111$0❌❌✅Y / Y⭐️ 0 (2)
Luxury 1BD | DT Detroit | 1 Bed | Free Parking

No image available

$23,672
$66
98%
111$0❌❌✅Y / Y⭐️ 0 (1)
Modern 1B High Rise near Downtown - Queen Bed

No image available

$25,811
$86
82%
111$0❌❌✅Y / Y⭐️ 5 (1)
Modern 1B High Rise near Downtown Queen Bed

No image available

$19,601
$85
63%
111$0❌❌✅Y / Y⭐️ 4.7 (8)
Modern 1B High Rise near Downtown Queen Bed

No image available

$25,123
$88
78%
111$0❌❌✅Y / Y⭐️ 5 (7)
Modern 1B High Rise near Downtown★ Queen Bed

No image available

$10,761
$84
35%
111$0❌❌✅Y / Y⭐️ 4.8 (33)
Modern 1B High Rise near Downtown Queen Bed

No image available

$27,382
$87
86%
111$0❌❌✅Y / Y⭐️ 5 (17)
Modern 1B High Rise near Downtown★ Queen Bed

No image available

$32,232
$119
74%
111$0❌❌✅Y / Y⭐️ 4.9 (33)

Return Metrics

-136.15% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$5,922-$11,845-$17,767-$23,690-$29,613-$59,226-$177,678
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-$5,922-$11,845-$17,767-$23,690-$29,613-$59,226-$177,678

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-136.15%

Payback Period Days

0

Return on Investment

-136.15%

property-location

1214 Griswold St Detroit, Michigan, 48226

1 bed • 1 bath • 3 guests

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Market Data

$30,461

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
AirDNA projects $175/night at 53% occupancy ($33,876.38). Airbtics projects $139/night at 60% occupancy ($30,461).

Top 51% of comparables

Top 38% of comparables


Seasonality

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40

Airbnb Comparables

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

$28,129

Avg annual revenue

60%

Avg occupancy rate

$139

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

$25k

$40k

$55k

Sign up to see the data on 40 all comparables

-$5,923

Profit

Revenue

$30,461

Operating Expenses

$15,960

Operating Income

$14,501

Net Effective Rent

$20,424

Profit (Cash Flow)

-$5,923

$4,350

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$100

Total

$4,350

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

-136.15%

Payback Period Days

0