1704 Clark Lake Rd Brighton, Michigan, 48114
3 bed โข 2 bath โข 9 guests
Est. $2,151/mo

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Airbnb Investor Score
$9,176
Annual Profit
8.8%
Cap Rate
8.2%
Cash on Cash
$61,047
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
AirDNA projects $263/night at 57% occupancy ($54,753.72). Airbtics projects $274/night at 61% occupancy ($61,046).
Top 48% of comparables
Top 44% of comparables
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Airbnb Comparables
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$60,779
Avg annual revenue
61%
Avg occupancy rate
$274
Avg nightly rate
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Revenue per year
$30k
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$9,176
Profit
Revenue
$61,047
Operating Expenses
$21,616
Operating Income
$39,431
Mortgage & Taxes
$30,254
Profit (Cash Flow)
$9,176
$111,655
Cash Investment
Down Payment
$89,700
Renos & Furnishing
$8,500
Closing Costs
$13,455
Total
$111,655
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
8.21%
Cap Rate
8.79%
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
$21,286
Deductible property tax
$4,440
Your total deduction
$36,429
Your adjusted annual income
$150,000 - $36,429 = $113,571
Taxes on $113,571 (30%)
$34,071
Your old tax bill
$45,000
Your new tax bill
$34,071
Estimated tax savings
$10,929
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
10,454 sqft
Year built:
1930
Size:
1,941 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Forced Air, Natural Gas
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Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 1
- Lot size: 10,454 sqft
- Building area: 1,941 sqft
- Garage: Yes
- Heating: Forced air, natural gas
- Pool: No
- Fireplaces: -
- Basement: Yes
- Cooling: Ceiling Fans, Central Air
- View: -
- Parking: Two Car Garage, Attached, Direct Access, Driveway, Electricityin Garage, Garage Door Opener
- Amenities: Dishwasher, Dryer, Free Standing Electric Oven, Humidifier
- Price per square foot: $231
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 1207301094
- Flood Zone: No
Tax Info
- Year Assessed: 2024
- Assessed Value: $154,873
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- Middle School: Parker Middle School with 5/10 star rating
- High School: Howell High School with 8/10 star rating