BNBCalc Short Term Rental Investment Analysis 1815 Seminole St, Detroit, MI 48214

3 bed • 2 bath • 9 guests • $399,000

BNB

Calc

Annual Revenue

$29,892

Profit (Cash Flow)

-$14,590

Cap Rate

3.1%

Annual Revenue

$29,892

Revenue data could not be found for this address

BNB Calc projects a 44% occupancy rate, $186 rate per night.

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

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Stunning Top Tier Modern Home Is Ready To Host You	$23,437	$115	52%	3	1	2	$39	✅	❌	✅	Y / Y	⭐️ 4.9 (136)
Elegant 3-bedroom oasis with indoor fire place	$18,484	$202	25%	3	3	1	$0	❌	❌	❌	Y / Y	⭐️ 4 (16)
Bohemian Bungalow Close to Downtown	$49,985	$198	69%	3	1	3	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (9)
Cozy Cottage seconds fm Downtown	$23,645	$352	17%	3	2	2	$75	❌	❌	❌	Y / N	⭐️ 4.8 (42)
Paradise in West Windor * NEAR Tunnel to USA!	$55,388	$172	88%	3	1	2	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
quick stay special	$9,145	$147	17%	3	2	1	$0	❌	❌	✅	Y / N	⭐️ 0 (0)
3-bedroom East side Bungalow	$21,754	$91	58%	3	1	3	$110	❌	❌	❌	Y / Y	⭐️ 4.7 (58)
A 3-Bed Conveniently Located to Downtown Det	$21,258	$121	48%	3	1	3	$0	❌	❌	✅	Y / Y	⭐️ 4.7 (7)
Chic Home Near Eastern Market	$26,125	$166	43%	3	3	4	$0	❌	❌	❌	Y / N	⭐️ 4.5 (6)
Mary's-Inn Spacious 3 bedroom home away from home.	$29,646	$300	27%	3	3	1	$0	❌	❌	❌	N / N	⭐️ 4.3 (3)

Return Metrics

-14.55% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$14,589	-$29,179	-$43,768	-$58,358	-$72,948	-$145,896	-$437,688
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	$396,380	$394,119	$392,229	$390,719	$389,602	$390,326	$530,789

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-14.55%

Cap Rate

3.08%

Return on Investment

1.29%

1815 Seminole St Detroit, MI, 48214

3 bed • 2 bath • 9 guests

Purchase Price

Est. $1,914/mo

This property is for sale!

Contact Agent

Detroit

Guide

Zoning

Market

Guide

Laws

Market Data

-54

Airbnb Investor Score

-$14,589

Annual Profit

3.1%

Cap Rate

-14.6%

Cash on Cash

$29,892

Annual Revenue

Revenue data could not be found for this address

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 31% of comparables

10 Airbnb Comparables

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

$27,886

Avg annual revenue

44%

Avg occupancy rate

$186

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

$10k

$25k

$40k

$55k

-$14,590

Profit

Revenue

$29,892

Operating Expenses

$17,566

Operating Income

$12,326

Mortgage & Taxes

$26,915

Profit (Cash Flow)

-$14,590

$100,270

Cash Investment

Down Payment

$79,800

Renos & Furnishing

$8,500

Closing Costs

$11,970

Total

$100,270

DSCR Ratio

Weak

0.46

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-14.55%

Cap Rate

3.08%

Return on Investment

1.29%

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

$55,291

Your adjusted annual income

$150,000 - $55,291 = $94,709

Taxes on $94,709 (30%)

$28,413

Your old tax bill

$45,000

Your new tax bill

$28,413

Estimated tax savings

$16,587

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:

LAND

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: LAND

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

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: -