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BNBCalc Short Term Rental Investment Analysis 1548 Sunterra Trail, Boyne City, MI, 49712

5 bed • 2.5 bath • 15 guests • $500,000

BNB

Calc

Annual Revenue

$72,976

Profit (Cash Flow)

$16,080

Cap Rate

10.0%

Annual Revenue

$72,976

AirDNA projects $1,009/night at 47% occupancy ($173,209). Airbtics projects $444/night at 45% occupancy ($72,975). Airbtics predicts this property will perform in the 50% revenue percentile

BNB Calc projects a 45% occupancy rate, $444 rate per night.

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

Percentiles25%50%75%90%
Revenue$40,171$60,991$97,647$169,720
Occupancy37%45%51%57%
Nightly Rate$287$358$494$769

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Walloon Lakefront/NEW GAME ROOM/Bike & ski nearby
$140,293
$801
47%
43.52$375✅❌✅Y / Y⭐️ 5 (41)
Northern Woodlands Escape
$73,325
$367
48%
522$300❌❌❌Y / Y⭐️ 4.9 (10)
2 Houses - Hot Tub - Boat Rental Included
$122,177
$524
59%
651$450✅✅✅Y / Y⭐️ 5 (12)
Large Walloon Lake/Boyne home - Hot Tub
$70,701
$320
56%
431$300❌✅✅Y / Y⭐️ 5 (14)
Walloon Lake 4bd Getaway
$91,341
$434
54%
424$150❌❌✅Y / Y⭐️ 5 (33)
Boyne City Victorian
$52,766
$298
47%
432$250❌❌✅Y / Y⭐️ 5 (39)
Large comfortable 5 bedroom home
$56,587
$270
53%
522$150❌❌✅Y / Y⭐️ 5 (65)
"Delight" Bold & Bougie! Sleeps 12! Downtown Boyne
$50,597
$298
44%
432$200❌❌❌Y / Y⭐️ 5 (37)
Walloon Lake Getaway w/ Fire Pit - Walk to Water!
$37,841
$183
54%
422$165❌❌✅Y / Y⭐️ 5 (13)
The Boyne House 6mi to Boyne Mountain. Sleeps 14
$54,043
$362
31%
522$300❌❌❌Y / Y⭐️ 5 (14)
Awesome Lake Charlevoix Views near Boyne City
$83,504
$460
49%
433$250✅✅❌Y / Y⭐️ 4.9 (52)
Maple Tree Retreat
$25,424
$142
46%
413$125❌❌✅Y / Y⭐️ 5 (26)
Luxury Lakefront Boyne City Townhome w/ Views!
$72,727
$250
78%
432$207✅❌❌Y / Y⭐️ 5 (14)
State Street Flats 2
$41,615
$288
37%
422$200❌❌❌N / Y⭐️ 5 (16)
Spacious Home; Walk Downtown, Fenced in Yard, Kids
$46,840
$249
49%
422$200❌❌✅Y / Y⭐️ 5 (42)
Eagles Nest 12 min to Boyne Mountain Resort, Ski
$212,833
$1,125
51%
64.52$325❌✅❌Y / Y⭐️ 5 (16)
Walloon Cottage with dock near the village
$56,443
$376
33%
424$285❌❌✅Y / Y⭐️ 5 (49)
Boyne City Home, Close to Boyne Mountain
$100,929
$766
36%
54.53$260❌❌❌Y / Y⭐️ 5 (24)
Gingerbread; 10 min to Boyne Mountain Resort, Ski
$48,078
$246
51%
522$200❌❌❌Y / Y⭐️ 5 (46)
Spacious Michigan Home ~ 6 Mi to Boyne Mountain!
$92,670
$489
45%
43.52$372❌❌❌Y / Y⭐️ 5 (14)
Lakefront Sleeps 12 - walkable to downtown
$55,284
$321
45%
532$125❌❌❌Y / Y⭐️ 5 (105)
Petoskey Home ~ 5 Mi to Dtwn & Bayfront Park!
$84,099
$660
34%
522$232❌❌❌Y / Y⭐️ 4.8 (18)
Private Cozy Cottage In Walloon Lake - Sleeps 13!
$38,647
$291
36%
436$250❌❌❌Y / Y⭐️ 5 (46)
Lakefront Sleeps 16. Two Homes, Walk to Town!
$116,465
$511
61%
642$150❌❌❌Y / Y⭐️ 5 (33)
House on the farm in Petoskey
$43,386
$249
47%
523$150❌❌✅Y / Y⭐️ 4.5 (29)
Walloon Lakefront cottage/Boyne Mountain/Petoskey
$69,661
$455
41%
422$300❌✅✅Y / Y⭐️ 5 (55)
“Bliss” Retreat: Spacious & Luxe! Sleeps 15!
$67,299
$424
41%
632$250❌❌❌Y / Y⭐️ 5 (54)
Victorian House of Boyne
$74,295
$355
57%
422$175✅✅❌Y / Y⭐️ 5 (47)
The Alpine House
$181,574
$1,320
37%
43.51$416❌✅❌Y / Y⭐️ 5 (15)
Lake Charlevoix Views Large Private Up North Home.
$70,741
$604
32%
433$300❌✅❌Y / Y⭐️ 5 (6)
Family Friendly Lakefront getaway
$114,578
$725
40%
436$225❌❌✅Y / Y⭐️ 0 (2)
Comfortable, convenient, & easy 6-bed Boyne home
$43,793
$295
40%
422$100❌❌❌Y / Y⭐️ 5 (26)
Spring Break open! Hot Tub-Game Rm-15mins to Boyne
$81,560
$269
79%
42.53$220❌✅❌Y / Y⭐️ 5 (65)
Walloon Village Charmer!
$61,955
$306
49%
52.52$200❌❌❌Y / Y⭐️ 5 (14)
Amazing Lake Views from Hilltop
$90,649
$402
53%
42.53$350❌❌❌Y / N⭐️ 0 (1)
Park Street Cottage
$48,580
$353
37%
422$225❌❌✅Y / Y⭐️ 4.8 (46)
Walloon Lake Cottage, Boyne, Petoskey, Charlevoix
$48,492
$284
45%
434$250❌❌❌Y / Y⭐️ 5 (26)

Return Metrics

12.59% cash on cash return is a good return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$16,080$32,160$48,241$64,321$80,402$160,804$482,414
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$400,000$400,000$400,000$400,000$400,000$400,000$400,000
Down Payment$100,000$100,000$100,000$100,000$100,000$100,000$100,000
Property Appreciation$15,000$30,450$46,363$62,754$79,637$171,958$713,631
Total Return$531,080$562,610$594,604$627,076$660,039$832,762$1,696,045

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

12.59%

Cap Rate

9.96%

Return on Investment

28.2%

property-location

1548 Sunterra Trail Boyne City, Michigan, 49712

5 bed • 2.5 bath • 15 guests

Est. $2,398/mo

Agent

Inquire about this property

Contact Agent

$523,300

Zestimate

81

Airbnb Investor Score

$16,080

Annual Profit

10.0%

Cap Rate

12.6%

Cash on Cash

$72,976

Annual Revenue

This property is projected to be in the top 50% revenue percentile compared to similar properties nearby.
Projected nightly rate is $1,009/night at 47% occupancy.Projected nightly rate is $444/night at 45% occupancy.

Top 56% of comparables

Top 33% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$75,055

Avg annual revenue

45%

Avg occupancy rate

$444

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

$25k

$85k

$150k

$215k

Sign up to see the data on 40 all comparables

$16,080

Profit

Revenue

$72,976

Operating Expenses

$23,167

Operating Income

$49,809

Mortgage & Taxes

$33,728

Profit (Cash Flow)

$16,080

$127,625

Cash Investment

Down Payment

$100,000

Renos & Furnishing

$12,625

Closing Costs

$15,000

Total

$127,625

DSCR Ratio

Strong

1.48

<0>Get a pre-qualification letter</0>

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

12.59%

Cap Rate

9.96%

Profit (Cummulative)

$16,080

$400,000

$12,625

$15,000

$0

Total Gain

$35,993

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

$23,731

Deductible property tax

$4,950

Your total deduction

$35,196

Your adjusted annual income

$150,000 - $35,196 = $114,804


Taxes on $114,804 (30%)

$34,441

Your old tax bill

$45,000

Your new tax bill

$34,441


Estimated tax savings

$10,559

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:

2 sqft

Year built:

1972

Size:

2,800 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Other, Stove, Electric, Gas, Propane / Butane, Wood / Pellet

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: -
  • Lot size: 2 sqft
  • Building area: 2,800 sqft
  • Garage: No
  • Heating: Other, stove, electric, gas, propane / butane, wood / pellet
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: -
  • View: Water
  • Parking: Carport, Garage - Detached
  • Amenities: Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
  • Price per square foot: $186

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 00101100610
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $389,200
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $523,300


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