BNBCalc Short Term Rental Investment Analysis 16875 Lake Shore Drive, Gowen, MI

2 bed • 1 bath • 6 guests • $299,900

BNB

Calc

Annual Revenue

$47,862

Profit (Cash Flow)

$7,729

Cap Rate

9.3%

Annual Revenue

$47,862

AirDNA projects $269/night at 31% occupancy ($30,457). Airbtics projects $181/night at 58% occupancy ($38,343). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 72% occupancy rate, $182 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$24,457	$37,534	$58,826	$74,824
Occupancy	50%	60%	70%	77%
Nightly Rate	$129	$165	$222	$256

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Cozy Waterfront Cottage with Kayaks and Firepit	$35,077	$132	71%	2	1	2	$85	❌	❌	✅	N / Y	⭐️ 5 (28)
Blue Lake Paradise-TIKI LOFT	$29,079	$224	34%	2	1	1	$125	❌	✅	❌	N / N	⭐️ 4.5 (8)
Cozy cottage on Cowden Lake	$33,664	$173	50%	2	1.5	3	$50	❌	❌	❌	Y / Y	⭐️ 5 (8)
Spectacular Lake Views!	$37,692	$154	64%	2	1	1	$85	❌	❌	❌	N / Y	⭐️ 5 (90)
The White House of Cedar Springs	$34,664	$123	77%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (26)
The Cottage at Pine Lake	$51,282	$202	65%	2	1	2	$100	❌	✅	❌	Y / Y	⭐️ 5 (61)
Waterfront Cottage w/Pontoon, Paddle Boat & Kayaks	$60,233	$229	70%	2	1	2	$155	❌	❌	✅	Y / Y	⭐️ 5 (102)
The A-Frame Getaway	$36,791	$223	41%	2	1	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (124)
Cozy Cottage w/ Hot Tub & Firepit by the Lake	$50,336	$163	81%	2	1	2	$99	❌	✅	✅	Y / Y	⭐️ 5 (124)
Cardinal Cottage on Private Lake	$49,449	$199	67%	2	1	2	$90	❌	❌	❌	Y / Y	⭐️ 5 (42)
Back Turk Bungalow on private lake!	$37,042	$176	56%	2	1	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (72)
Domer's Lake House	$42,115	$201	56%	2	1	2	$60	❌	❌	✅	N / Y	⭐️ 5 (10)
Lakefront Rojean Retreat on Nevins Lake	$49,077	$253	52%	2	2	2	$170	❌	❌	✅	Y / Y	⭐️ 5 (27)
Cozy Blue Cottage with access to all sports lake	$34,588	$131	68%	2	1	1	$75	❌	❌	✅	Y / Y	⭐️ 5 (166)
Lakefront Retreat with Fenced Yard Kayaks Firepit	$43,439	$157	72%	2	1	3	$75	❌	❌	✅	Y / Y	⭐️ 5 (42)
Clean, comfortable, affordable private suite	$23,284	$89	70%	2	1	1	$20	❌	❌	✅	N / Y	⭐️ 5 (340)
Castaways Cottage on Croton Pond (#1)	$19,508	$99	52%	2	1	1	$35	❌	❌	✅	N / N	⭐️ 5 (43)
Our happy place, a serene, rural refuge	$28,694	$120	54%	2	2.5	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (105)
Lakefront 2-bedroom cottage on Holland Lake	$43,905	$154	77%	2	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (79)
Little Blue Bungalow:Perfect for Family Fun!	$50,520	$222	60%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 4.5 (37)
Family Vacation Cottage On All-Sports Private Lake	$34,298	$182	50%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (51)
Explore Downtown Rockford! Charming Condo Retreat	$37,123	$136	70%	2	1	1	$130	❌	❌	✅	Y / Y	⭐️ 4.5 (27)
Lakeside Oasis: A Relaxing Lakefront Cottage!	$34,526	$228	38%	2	1.5	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (33)
Priscilla's Place: Big Pine Island Lake Retreat	$101,195	$445	60%	2	2	1	$200	❌	❌	❌	Y / Y	⭐️ 4.7 (28)
The Vine. Hidden gem. Travel nurses welcome.	$28,099	$106	69%	2	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.9 (31)
Velkomen to Hygge Hus	$29,071	$114	66%	2	2	1	$60	❌	❌	❌	Y / Y	⭐️ 5 (50)
Downtown Rockford Duplex	$24,434	$93	65%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (10)
Tranquil Lake Cottage: Hot Tub, BBQ & Lake Views	$67,525	$217	80%	2	2	2	$200	❌	❌	❌	Y / Y	⭐️ 5 (33)
Castaway Cottage on Croton Pond (#3)	$25,498	$114	60%	2	1	1	$35	❌	❌	✅	Y / Y	⭐️ 5 (96)
Cozy apartment near Lake Bella Vista	$40,605	$145	72%	2	1	1	$130	❌	❌	✅	Y / Y	⭐️ 4.5 (27)
The Turk Lake House - Lakefront with Toys & A/C!	$46,251	$308	39%	2	1	2	$100	❌	❌	❌	N / Y	⭐️ 4.5 (13)
Cozy lake front cottage on small private lake.	$31,939	$168	50%	2	1	2	$100	❌	❌	❌	Y / N	⭐️ 4.5 (76)
Lakefront Chook Nook Cottage Dickerson Lake	$35,118	$230	40%	2	1	2	$160	❌	❌	✅	Y / Y	⭐️ 5 (102)
Birch Bark Bungalow on a private lake	$22,052	$122	46%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.5 (25)
Big Pine Island Lake Cottage w/ Boat Dock & Kayaks	$93,710	$318	79%	2	1.5	2	$129	❌	❌	✅	Y / Y	⭐️ 5 (29)
The Blue Canoe on Tacoma Lake	$40,792	$205	50%	2	1	2	$150	❌	❌	✅	N / N	⭐️ 5 (16)
Blue Lake Paradise w/Freaky Tiki Bar-Hot tub	$14,040	$137	28%	2	1	1	$0	❌	✅	❌	N / Y	⭐️ 5 (405)
Cedar Springs Getaway	$25,380	$114	58%	2	1	1	$40	❌	❌	❌	Y / Y	⭐️ 5 (47)
Haven Cottage \| Cozy Lake Retreat w/Private Beach	$39,888	$283	36%	2	1	3	$130	❌	❌	❌	Y / Y	⭐️ 5 (12)
Downtown Rockford Retreat	$32,691	$154	58%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (22)

Return Metrics

11.54% cash on cash return is a good return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$7,729	$15,458	$23,187	$30,917	$38,646	$77,292	$231,877
Revenue Appreciation	$957	$1,933	$2,929	$3,945	$4,981	$10,481	$38,833
Home Equity	$2,946	$6,074	$9,395	$12,920	$16,663	$39,141	$239,920
Down Payment	$59,980	$59,980	$59,980	$59,980	$59,980	$59,980	$59,980
Property Appreciation	$8,997	$18,263	$27,808	$37,640	$47,766	$103,140	$428,036
Total Return	$80,609	$101,710	$123,301	$145,403	$168,038	$290,035	$998,646

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

11.54%

Cap Rate

9.32%

Return on Investment

27.42%

16875 Lake Shore Dr Gowen, Michigan, 49326

2 bed • 1 bath • 6 guests

Purchase Price

Est. $1,438/mo

Inquire about this property

Contact Agent

Airbnb Investor Score

$7,729

Annual Profit

9.3%

Cap Rate

11.5%

Cash on Cash

$47,862

Annual Revenue

BNBCalc predicts this property will get $181 per night with 58% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 16% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

40 Airbnb Comparables

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$39,866

Avg annual revenue

58%

Avg occupancy rate

$181

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

$40k

$70k

$100k

$7,729

Profit

Revenue

$47,862

Operating Expenses

$19,902

Operating Income

$27,960

Mortgage & Taxes

$20,230

Profit (Cash Flow)

$7,729

$75,227

Cash Investment

Down Payment

$59,980

Renos & Furnishing

$6,250

Closing Costs

$8,997

Total

$75,227

DSCR Ratio

Strong

1.38

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

11.54%

Cap Rate

9.32%

Return on Investment

27.42%

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

$14,234

Deductible property tax

$2,969

Your total deduction

$22,844

Your adjusted annual income

$150,000 - $22,844 = $127,156

Taxes on $127,156 (30%)

$38,147

Your old tax bill

$45,000

Your new tax bill

$38,147

Estimated tax savings

$6,853

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:

0.55 sqft

Year built:

1956

Size:

1,181 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air

Sold Comparables

Sorry, we couldnt find any comps for this property.

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 1

Lot size: 0.55 sqft

Building area: 1,181 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: Detached

Amenities: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Price per square foot: $253

Lot Info

Zoning: -

Land Use: -

Parcel Number: 410412326084

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $100,878

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Elementary School: Lincoln Heights Elementary School with 6/10 star rating