BNBCalc Short Term Rental Investment Analysis 1317 Scottwood, White Lake, Michigan 48383, United States

4 bed • 3 bath • 8 guests • $399,000

BNB

Calc

Annual Revenue

$85,873

Profit (Cash Flow)

$34,714

Cap Rate

15.4%

Annual Revenue

$85,873

AirDNA projects $461/night at 51% occupancy ($85,872).

BNB Calc projects a 51% occupancy rate, $461 rate per night.

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

Return Metrics

33.86% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$34,713	$69,427	$104,141	$138,855	$173,569	$347,138	$1,041,414
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$319,200	$319,200	$319,200	$319,200	$319,200	$319,200	$319,200
Down Payment	$79,800	$79,800	$79,800	$79,800	$79,800	$79,800	$79,800
Property Appreciation	$11,970	$24,299	$36,998	$50,078	$63,550	$137,222	$569,477
Total Return	$445,683	$492,726	$540,139	$587,933	$636,119	$883,360	$2,009,891

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

33.86%

Cap Rate

15.44%

Return on Investment

49.35%

1317 Scottwood White Lake charter Township, Michigan, 48383-3070

4 bed • 3 bath • 8 guests

Purchase Price

Est. $1,914/mo

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$85,873

Annual Revenue

Projected nightly rate is $461/night at 51% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$34,714

Profit

Revenue

$85,873

Operating Expenses

$24,243

Operating Income

$61,629

Mortgage & Taxes

$26,915

Profit (Cash Flow)

$34,714

$102,520

Cash Investment

Down Payment

$79,800

Renos & Furnishing

$10,750

Closing Costs

$11,970

Total

$102,520

DSCR Ratio

Strong

2.29

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

33.86%

Cap Rate

15.44%

Return on Investment

49.35%

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

$18,937

Deductible property tax

$3,950

Your total deduction

$6,298

Your adjusted annual income

$150,000 - $6,298 = $143,702

Taxes on $143,702 (30%)

$43,111

Your old tax bill

$45,000

Your new tax bill

$43,111

Estimated tax savings

$1,889

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:

22,782 sqft

Year built:

1974

Size:

2,808 sqft

Type:

SFR

Parking:

Heating:

BASEBOARD

Sold Comparables

Property Details

MLS Status: N/A

Property Use: Single Family Residence

Stories: 1

Lot size: 22,782 sqft

Building area: 2,808 sqft

Garage: Yes

Heating: Baseboard

Pool: No

Fireplaces: 2

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R1C

Land Use: Residential

Parcel Number: Y -12-28-303-012

Flood Zone: No

Tax Info

Year Assessed: 2022

Assessed Value: $217,420

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Ownership

Name: Sharon A Whitko

Owner Occupied: Yes

Owner Mailing Address: 1317 Scottwood Ct, White Lake, Mi 48383

Years Owned: 0

Home Equity: $266,200

Mortgage Balance Remaining: $117,100

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No