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Buy this property and list it on Airbnb

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List a property you own on Airbnb

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Rent from the landlord and list it on Airbnb

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Manage this property for the owner


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BNBCalc Short Term Rental Investment Analysis 20209 Stotter St, Detroit, MI 48234

4 bed β€’ 2 bath β€’ 12 guests β€’ $199,990

BNB

Calc

Annual Revenue

$44,998

Profit (Cash Flow)

$11,978

Cap Rate

12.7%

Annual Revenue

$44,998

AirDNA projects $175/night at 43% occupancy ($27,484). Airbtics projects $220/night at 56% occupancy ($44,998). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 56% occupancy rate, $220 rate per night.

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

Percentiles25%50%75%90%
Revenue$17,344$29,623$74,941$130,000
Occupancy33%49%79%90%
Nightly Rate$140$161$254$382

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Comfortable Large Home, Perfect 4 Groups&Families

No image available

$30,138
$169
39%
423$350❌❌❌Y / Y⭐️ 4.9 (35)
4 Bedroom Oasis with free internet and parking

No image available

$41,619
$134
81%
423$60❌❌❌Y / Y⭐️ 4.7 (25)
4 Bedroom Bungalow in the "Heart of Metro Detroit"

No image available

$101,343
$371
74%
413$200βŒβŒβœ…Y / Y⭐️ 5 (17)
Hidden Gem | Perfect For Game Day | Get Away

No image available

$17,361
$153
31%
411$0βŒβŒβœ…Y / Y⭐️ 5 (12)
New Motown Movie Lounge- >15 min to Detroit

No image available

$52,704
$144
100%
413$0βŒβŒβœ…Y / Y⭐️ 0 (0)
WHOLE HOUSE near SO many of metro Detroit's best!

No image available

$91,652
$491
51%
421$0βœ…βŒβŒY / Y⭐️ 5 (12)
Detroit Vacation Rental w/ Porch & Fenced Backyard

No image available

$92,977
$277
89%
422$145❌❌❌Y / Y⭐️ 5 (3)
Cheerful 4-bedroom home with basement Bar

No image available

$24,424
$139
48%
421$0βŒβŒβœ…Y / Y⭐️ 4.8 (4)

Return Metrics

21.2% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$11,977$23,955$35,932$47,910$59,888$119,776$359,328
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$159,992$159,992$159,992$159,992$159,992$159,992$159,992
Down Payment$39,998$39,998$39,998$39,998$39,998$39,998$39,998
Property Appreciation$5,999$12,179$18,544$25,100$31,853$68,779$285,438
Total Return$217,967$236,124$254,467$273,000$291,731$388,546$844,756

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

21.2%

Cap Rate

12.73%

Return on Investment

35.29%

property-location

20209 Stotter St Detroit, MI, 48234

4 bed β€’ 2 bath β€’ 12 guests

Est. $959/mo

Agent

This property is for sale!

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Detroit

Guide

Zoning

Market

Guide


Laws


Market Data

129

Airbnb Investor Score

$11,977

Annual Profit

12.7%

Cap Rate

21.2%

Cash on Cash

$44,998

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $175/night at 43% occupancy.Projected nightly rate is $220/night at 56% occupancy.

Top 41% of comparables

Top 31% of comparables


Seasonality

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10

Airbnb Comparables

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

$48,557

Avg annual revenue

56%

Avg occupancy rate

$220

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$10k

$40k

$70k

$100k

Sign up to see the data on 10 all comparables

$11,978

Profit

Revenue

$44,998

Operating Expenses

$19,530

Operating Income

$25,468

Mortgage & Taxes

$13,491

Profit (Cash Flow)

$11,978

$56,498

Cash Investment

Down Payment

$39,998

Renos & Furnishing

$10,500

Closing Costs

$6,000

Total

$56,498

DSCR Ratio

Strong

1.89

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

21.2%

Cap Rate

12.73%

Profit (Cummulative)

$11,978

$159,992

$10,500

$6,000

$0

Total Gain

$19,942

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

$9,492

Deductible property tax

$1,980

Your total deduction

$9,284

Your adjusted annual income

$150,000 - $9,284 = $140,716


Taxes on $140,716 (30%)

$42,215

Your old tax bill

$45,000

Your new tax bill

$42,215


Estimated tax savings

$2,785

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: Yes
  • 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: -