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BNBCalc Short Term Rental Investment Analysis 19594 Mahon Street, Southfield, MI

4 bed • 2 bath • 12 guests • $378,200

BNB

Calc

Annual Revenue

$67,753

Profit (Cash Flow)

$19,753

Cap Rate

12.0%

Annual Revenue

$67,753

AirDNA projects $195/night at 37% occupancy ($26,352). Airbtics projects $231/night at 60% occupancy ($50,622). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 70% occupancy rate, $265 rate per night.

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

Percentiles25%50%75%90%
Revenue$31,603$49,959$71,271$99,934
Occupancy48%63%70%78%
Nightly Rate$170$206$265$336

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
The Hive
$29,950
$137
53%
41.53$125❌❌❌Y / Y⭐️ 5 (17)
Modern French Country Luxury Getaway/ Pool Table
$43,611
$137
83%
423$150✅❌✅Y / Y⭐️ 5 (159)
3 Bathrooms | Perfect For Short or Long Stays
$48,532
$204
65%
421$0❌❌✅Y / Y⭐️ 5 (26)
Beautiful, Clean, Cozy, 4 Bedrm.
$24,225
$210
28%
421$225✅❌❌N / N⭐️ 5 (11)
Spacious Detroit Home! "Corporate Comfort"
$24,731
$200
32%
42.53$200❌❌❌Y / Y⭐️ 5 (27)
Spectacular 4BR/2BA Near*Royal Oak*Troy*Birmingham
$46,955
$180
66%
422$165❌❌✅Y / Y⭐️ 4.5 (143)
The Cinema House | 4BR/2BA | *Downtown Berkley*
$36,367
$131
70%
423$165❌❌✅Y / Y⭐️ 5 (77)
Modern Oasis | Insurance/ Temporary housing
$40,506
$135
71%
421$155❌❌✅Y / Y⭐️ 5 (45)
The Music House | 4Br/2BA | *Downtown Berkley*
$48,057
$160
78%
423$170❌❌✅Y / Y⭐️ 5 (132)
Big Modern Home Great for Families/Group *GameRoom
$33,983
$210
41%
42.52$190❌❌❌Y / Y⭐️ 5 (49)
Heather’s House
$51,429
$187
70%
421$160❌❌❌Y / Y⭐️ 5 (88)
4 Bedroom Craftsman in Historical Neighborhood
$76,044
$452
45%
431$100❌❌❌Y / Y⭐️ 5 (37)
Elegant Home w/ Modern Amenities in N. Royal Oak!
$49,474
$244
54%
424$250❌❌❌Y / Y⭐️ 5 (83)
Luxury Home In Pleasant Ridge
$35,263
$310
30%
42.51$175✅❌❌Y / Y⭐️ 5 (45)
Mid-Century Modern Design -Bagley Home Sleeps 12
$49,066
$266
47%
422$275❌❌❌Y / Y⭐️ 5 (52)
Cozy home sleeps 10, firepit, entertains 16+
$58,993
$244
62%
421$125✅❌✅Y / Y⭐️ 4.9 (166)
All-Inclusive Lavish Getaway
$90,504
$372
65%
43.53$250❌✅❌Y / Y⭐️ 5 (37)
Redford Tranquil Retreat
$42,272
$224
49%
422$150❌❌❌Y / Y⭐️ 5 (42)
*Best Neighborhood* - Zoo - Downtown Royal Oak
$121,661
$418
77%
42.53$175❌❌✅Y / Y⭐️ 5 (164)
Winter Deals! Cozy, Chic Retreat near DT Royal Oak
$37,899
$157
64%
423$160❌❌✅Y / Y⭐️ 5 (141)
Detroit Getaway
$44,029
$171
63%
431$200❌✅❌Y / Y⭐️ 5 (67)
Luxury Home Away From Home!
$51,015
$248
54%
422$125❌❌❌Y / Y⭐️ 5 (25)
The Royal Retreat at Royal Oak
$56,809
$277
53%
433$90❌❌❌Y / Y⭐️ 5 (75)
Stunning Birmingham 4BR/4.5BA Home - Walk to Town!
$87,368
$530
44%
44.53$250❌❌❌Y / Y⭐️ 5 (48)
Marvel-ous 4 BD/2.5 BA Home in *Royal Oak*
$62,841
$246
66%
42.53$260✅❌✅Y / Y⭐️ 5 (60)
*North suites* at MicroLux
$48,495
$265
50%
421$0✅✅❌Y / Y⭐️ 0 (2)
Large Modern House in Royal Oak
$59,702
$332
47%
432$175❌❌✅Y / Y⭐️ 4.6 (12)
4 bed/2.5 Bath updated home with fully fenced yard
$100,008
$305
89%
42.52$60❌❌✅Y / Y⭐️ 5 (110)
Heart of Royal Oak! Absolutely Charming!
$54,431
$231
61%
423$200❌❌❌Y / Y⭐️ 5 (39)
Bright Modern Luxury Family Oasis - Your Vacation!
$80,057
$301
71%
432$278❌❌❌Y / Y⭐️ 5 (51)
Beautifully Updated Brownstone Near Downtown RO
$52,678
$200
69%
42.52$180❌❌✅Y / Y⭐️ 5 (96)
Royal Oak! Lovely Single Story Home- 4 beds/Deck!
$26,332
$170
41%
414$150❌❌✅Y / Y⭐️ 5 (87)
Rustic Bungalow * Private Patio * Fenced Yard
$42,412
$192
56%
423$185❌❌✅Y / Y⭐️ 5 (74)
*Newly Updated* 2.5 baths/4 beds home in Royal Oak
$65,395
$209
80%
42.53$175❌❌❌Y / Y⭐️ 5 (33)
Stylish 4 BD/2 BA Home Near *Royal Oak* Birmingham
$42,797
$135
82%
423$175❌❌✅Y / Y⭐️ 5 (88)
Beautiful 4 Bedroom Home in Redford
$36,128
$186
46%
422$300❌❌✅Y / Y⭐️ 5 (72)
Spacious, 4br, 2.5b home near B’ham
$49,852
$193
68%
42.53$125❌❌❌Y / Y⭐️ 5 (51)
Cozy 4 BR/2 BA near Downtown Royal Oak/Detroit Zoo
$45,015
$152
76%
423$170❌❌✅Y / Y⭐️ 5 (139)
Sunny Clawson Home w/ Yard - Walk to Main St!
$49,877
$196
64%
42.52$207❌❌❌Y / Y⭐️ 5 (79)
Russell Woods - 4 bdrm- Spacious - Sleeps up to 12
$45,012
$159
77%
42.53$50❌❌✅Y / Y⭐️ 5 (200)

Return Metrics

20.26% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$19,752$39,505$59,258$79,010$98,763$197,527$592,581
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$302,560$302,560$302,560$302,560$302,560$302,560$302,560
Down Payment$75,640$75,640$75,640$75,640$75,640$75,640$75,640
Property Appreciation$11,346$23,032$35,069$47,467$60,237$130,069$539,790
Total Return$409,298$440,737$472,527$504,678$537,201$705,796$1,510,572

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

20.26%

Cap Rate

11.96%

Return on Investment

35.71%

property-location

19594 Mahon St Southfield, Michigan, 48075

4 bed • 2 bath • 12 guests

Est. $1,814/mo

Agent

Inquire about this property

Contact Agent

$378,200

Zestimate

Southfield

Zoning


Laws

119

Airbnb Investor Score

$19,752

Annual Profit

12.0%

Cap Rate

20.3%

Cash on Cash

$67,753

Annual Revenue

BNBCalc predicts this property will get $231 per night with 60% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.

Top 28% of comparables

Top 26% 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.

$52,244

Avg annual revenue

60%

Avg occupancy rate

$231

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

$55k

$90k

$125k

Sign up to see the data on 40 all comparables

$19,753

Profit

Revenue

$67,753

Operating Expenses

$22,488

Operating Income

$45,265

Mortgage & Taxes

$25,512

Profit (Cash Flow)

$19,753

$97,486

Cash Investment

Down Payment

$75,640

Renos & Furnishing

$10,500

Closing Costs

$11,346

Total

$97,486

DSCR Ratio

Strong

1.77

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

20.26%

Cap Rate

11.96%

Profit (Cummulative)

$19,753

$302,560

$10,500

$11,346

$0

Total Gain

$34,814

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

$17,950

Deductible property tax

$3,744

Your total deduction

$19,164

Your adjusted annual income

$150,000 - $19,164 = $130,836


Taxes on $130,836 (30%)

$39,251

Your old tax bill

$45,000

Your new tax bill

$39,251


Estimated tax savings

$5,749

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:

0.37 sqft

Year built:

1973

Size:

2,256 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Forced Air, Natural Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: -
  • Lot size: 0.37 sqft
  • Building area: 2,256 sqft
  • Garage: Yes
  • Heating: Forced air, natural gas
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: Attached
  • Amenities: Water Purifier Owned, Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer, Gas Water Heater
  • Price per square foot: $167

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 2435102009
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $110,580
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $378,200


Schools

  • Middle School: Glenn W. Levey Middle School with 2/10 star rating
  • High School: Southfield High School for the Arts and Technology with 4/10 star rating