BNBCalc Short Term Rental Investment Analysis 15996 Chalfonte St, Detroit, MI 48227

4 bed • 2 bath • 12 guests • $69,900

BNB

Calc

Annual Revenue

$23,021

Profit (Cash Flow)

$1,633

Cap Rate

9.1%

Annual Revenue

$23,021

AirDNA projects $191/night at 33% occupancy ($23,021). Airbtics projects $197/night at 50% occupancy ($35,976). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 33% occupancy rate, $191 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,913	$36,176	$53,532	$77,620
Occupancy	43%	49%	61%	71%
Nightly Rate	$150	$182	$220	$280

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
The Hive	$21,093	$137	34%	4	2	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (9)
Mid-Century Modern Design -Bagley Home Sleeps 12	$40,971	$211	47%	4	2	2	$275	❌	❌	❌	Y / Y	⭐️ 5 (33)
Heather’s House	$47,918	$187	63%	4	2	1	$160	❌	❌	❌	Y / Y	⭐️ 5 (67)
The Carey House-Whole Home Rental	$48,942	$350	32%	4	4	1	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (85)
Resort-like getaway on our 1+ acre Southfield home	$69,829	$374	48%	4	2	1	$125	✅	❌	✅	Y / Y	⭐️ 4.8 (44)
Center of Metro Detroit Sophisticated - 4BR/1.5 BA	$39,757	$150	65%	4	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (112)
Redford Tranquil Retreat	$40,718	$218	48%	4	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (28)
Beautiful 4 Bedroom Home in Redford	$38,891	$173	49%	4	2	2	$300	❌	❌	✅	Y / Y	⭐️ 5 (49)
the McCoy house/Great Deck & Fire Pit	$55,302	$196	71%	4	2	2	$250	❌	❌	✅	Y / Y	⭐️ 4.9 (29)
Spacious historic 1917 Craftsman near Downtown	$34,124	$103	79%	4	2	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (44)
Modern French Country Luxury Getaway/ Pool Table	$67,694	$206	85%	4	2	3	$150	✅	❌	✅	Y / Y	⭐️ 4.8 (136)
Glamorous green beauty in the heart of University	$30,081	$229	31%	4	2	2	$220	❌	❌	❌	N / Y	⭐️ 4.7 (104)
Beautiful, Clean, Cozy, 4 Bedrm.	$25,312	$199	30%	4	2	1	$225	✅	❌	❌	N / N	⭐️ 4.8 (6)
Motown Hangout Near Motown Museum & Henry Ford	$53,171	$273	49%	4	2	3	$175	❌	❌	✅	Y / Y	⭐️ 4.7 (66)
Motown Hangout Near Motown Museum & Henry Ford	$33,927	$160	51%	4	2	3	$150	❌	❌	✅	Y / Y	⭐️ 4.7 (13)
Super Cute&Cool Home with 65” New TV & 2 FullBaths	$24,482	$127	43%	4	2	2	$149	❌	❌	❌	Y / Y	⭐️ 4.8 (322)
Rustic Bungalow * Private Patio * Fenced Yard	$47,153	$186	61%	4	2	3	$185	❌	❌	✅	Y / Y	⭐️ 4.8 (66)
Historic Russel Woods Colonial	$38,852	$152	60%	4	2	1	$200	❌	❌	❌	Y / Y	⭐️ 4.2 (31)
Sleeps 14plus, 15mins Drive to Downtown Detroit	$46,102	$251	49%	4	2	3	$100	❌	❌	✅	Y / Y	⭐️ 4.4 (50)
Super Cute & Great Home With 65”TV Grill King Bed	$28,182	$119	56%	4	1	2	$149	❌	❌	❌	Y / Y	⭐️ 4.8 (292)
Beautiful home in NW Detroit	$32,829	$159	46%	4	2	3	$200	❌	❌	❌	Y / Y	⭐️ 4.8 (7)
North suites at MicroLux	$52,181	$269	53%	4	2	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (1)
NEW! \| Message us about our super deals!	$43,067	$152	67%	4	2	1	$155	❌	❌	❌	Y / Y	⭐️ 4.8 (35)
Rowland Around the World Royal Oak/Detroit Zoo	$43,984	$150	72%	4	2	3	$140	❌	❌	✅	Y / Y	⭐️ 4.9 (88)
Come Relax in Oak Park	$34,630	$147	61%	4	2	1	$100	✅	❌	❌	Y / Y	⭐️ 5 (14)
Spacious 4 BR/2 BA – 4 Min Walk to DT Ferndale!	$77,728	$437	47%	4	2	3	$160	❌	❌	❌	Y / Y	⭐️ 5 (8)
Peaceful Paradise (Duplex home rear unit)	$40,553	$248	44%	4	2	2	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (14)
Charming Detroit Escape - 14 Mi to Downtown!	$50,212	$196	61%	4	2	4	$207	❌	❌	❌	N / Y	⭐️ 4.2 (12)
Luxury Home Away From Home!	$46,116	$229	53%	4	2	2	$125	❌	❌	❌	Y / Y	⭐️ 4.7 (19)
Charming House! 4 Bedrooms, 2 Full Baths	$39,897	$218	49%	4	2	15	$145	❌	❌	❌	Y / Y	⭐️ 5 (83)
3 Bathrooms \| Perfect For Short or Long Stays	$26,769	$138	53%	4	2	1	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (22)
Big Modern Home Great for Families/Group *GameRoom	$34,140	$191	44%	4	3	2	$190	❌	❌	❌	Y / Y	⭐️ 5 (29)
The Collective House {Cannabis Friendly}	$19,343	$160	32%	4	1	2	$99	❌	❌	✅	N / Y	⭐️ 4.5 (25)
The Detroit Grand Gathering Bed & Breakfast	$28,134	$150	49%	4	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (17)
Russell Woods - 4 bdrm- Spacious - Sleeps up to 12	$45,902	$156	79%	4	3	3	$50	❌	❌	✅	Y / Y	⭐️ 4.8 (184)
The Grandmont- Rosedale	$22,881	$133	44%	4	2	1	$80	❌	❌	✅	Y / Y	⭐️ 4 (3)

Return Metrics

6.14% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$1,633	$3,266	$4,899	$6,533	$8,166	$16,333	$48,999
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$55,920	$55,920	$55,920	$55,920	$55,920	$55,920	$55,920
Down Payment	$13,980	$13,980	$13,980	$13,980	$13,980	$13,980	$13,980
Property Appreciation	$2,097	$4,256	$6,481	$8,773	$11,133	$24,039	$99,765
Total Return	$73,630	$77,423	$81,281	$85,206	$89,199	$110,272	$218,665

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

6.14%

Cap Rate

9.08%

Return on Investment

16.61%

15996 Chalfonte St Detroit, MI, 48227

4 bed • 2 bath • 12 guests

Purchase Price

Est. $335/mo

This property is for sale!

Contact Agent

Detroit

Guide

Zoning

Market

Guide

Laws

Market Data

Airbnb Investor Score

$1,633

Annual Profit

9.1%

Cap Rate

6.1%

Cash on Cash

$23,021

Annual Revenue

This property is projected to be in the top 44% revenue percentile compared to similar properties nearby.
Projected nightly rate is $191/night at 33% occupancy.Projected nightly rate is $197/night at 50% occupancy.

Occupancy Rate

Top 83% of comparables

Avg Daily Rate

Top 44% of comparables

Seasonality

40 Airbnb Comparables

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

$38,603

Avg annual revenue

50%

Avg occupancy rate

$197

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

$15k

$35k

$55k

$80k

$1,633

Profit

Revenue

$23,021

Operating Expenses

$16,673

Operating Income

$6,349

Mortgage & Taxes

$4,715

Profit (Cash Flow)

$1,633

$26,577

Cash Investment

Down Payment

$13,980

Renos & Furnishing

$10,500

Closing Costs

$2,097

Total

$26,577

DSCR Ratio

Strong

1.35

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

6.14%

Cap Rate

9.08%

Return on Investment

16.61%

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

$3,318

Deductible property tax

$692

Your total deduction

$6,741

Your adjusted annual income

$150,000 - $6,741 = $143,259

Taxes on $143,259 (30%)

$42,978

Your old tax bill

$45,000

Your new tax bill

$42,978

Estimated tax savings

$2,022

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:

Year built:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -