122 McDonald Dr Houghton Lake, Michigan, 48629
3 bed • 2 bath • 9 guests
Est. $975/mo

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$203,300
Zestimate
Airbnb Investor Score
$4,118
Annual Profit
8.8%
Cap Rate
7.5%
Cash on Cash
$36,221
Annual Revenue
BNBCalc predicts this property will get $211 per night with 47% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.
Top 46% of comparables
Top 44% of comparables
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$37,989
Avg annual revenue
47%
Avg occupancy rate
$211
Avg nightly rate
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Revenue per year
$15k
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$4,119
Profit
Revenue
$36,221
Operating Expenses
$18,389
Operating Income
$17,832
Mortgage & Taxes
$13,714
Profit (Cash Flow)
$4,119
$55,259
Cash Investment
Down Payment
$40,660
Renos & Furnishing
$8,500
Closing Costs
$6,099
Total
$55,259
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
7.45%
Cap Rate
8.77%
STR Tax Calculator (USA)
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
$9,649
Deductible property tax
$2,013
Your total deduction
$17,195
Your adjusted annual income
$150,000 - $17,195 = $132,805
Taxes on $132,805 (30%)
$39,841
Your old tax bill
$45,000
Your new tax bill
$39,841
Estimated tax savings
$5,159
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
6,969 sqft
Year built:
1960
Size:
1,152 sqft
Type:
SINGLE_FAMILY
Parking:
1
Heating:
Forced Air
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Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 1
- Lot size: 6,969 sqft
- Building area: 1,152 sqft
- Garage: Yes
- Heating: Forced air
- Pool: No
- Fireplaces: 1
- Basement: Yes
- Cooling: -
- View: -
- Parking: Attached
- Amenities: Built-In Electric Oven, Dryer, Microwave, Refrigerator, Washer
- Price per square foot: $176
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 0085750040000
- Flood Zone: No
Tax Info
- Year Assessed: 2024
- Assessed Value: $43,769
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $203,300
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