BNBCalc Short Term Rental Investment Analysis 2166 N Springbrook Rd, Boyne Falls, MI, 49713

2 bed • 2 bath • 6 guests • $160,000

BNB

Calc

Annual Revenue

$67,296

Profit (Cash Flow)

$19,935

Cap Rate

19.2%

Annual Revenue

$67,296

AirDNA projects $260/night at 67% occupancy ($63,625). Airbtics projects $333/night at 53% occupancy ($64,461). Airbtics predicts this property will perform in the 50% revenue percentile

BNB Calc projects a 67% occupancy rate, $275 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$28,273	$55,669	$87,792	$156,306
Occupancy	39%	48%	60%	88%
Nightly Rate	$191	$308	$390	$473

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Cozy Cabin Retreat Just 10 Min from Boyne Mountain	$78,746	$200	100%	2	1	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (25)
Peaceful Cozy Retreat- Off the Beaten Path	$57,260	$176	88%	2	1	1	$75	❌	❌	❌	N / Y	⭐️ 5 (56)
Cute Cabin! Ski Season! Hot Tub! Pets! Fireplace!	$65,022	$188	91%	2	1	3	$150	❌	✅	✅	Y / Y	⭐️ 5 (107)
Cozy Cabin - Mins. from Boyne Mt	$37,320	$173	51%	2	1	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (19)
Boyne Mountain \| Golf, Swim, & Ski \| Avalanche Bay	$84,055	$425	53%	2	2	2	$100	✅	❌	❌	Y / Y	⭐️ 5 (142)
Basin Creekside: Hot tub/ Ski in Ski Out	$52,807	$343	41%	2	2	1	$130	❌	✅	❌	Y / Y	⭐️ 5 (106)
621 Disciples Village	$61,689	$337	47%	2	2	1	$326	❌	❌	❌	Y / Y	⭐️ 0 (0)
658 Disciples Village Condo	$71,495	$352	53%	2	2.5	1	$191	❌	❌	❌	Y / N	⭐️ 0 (1)
Tucked Away: Ski to Boyneland Lift	$71,973	$379	51%	2	2	1	$125	✅	❌	❌	Y / Y	⭐️ 5 (42)
Adorable Walloon Lake/Boyne loft	$24,957	$157	40%	2	2	1	$200	❌	✅	✅	Y / Y	⭐️ 5 (14)
335E Mountain Villa	$41,064	$292	37%	2	2	1	$171	✅	❌	❌	Y / Y	⭐️ 0 (0)
Beautiful Chalet- Ski Boyne, Petoskey, Charlevoix	$58,873	$293	51%	2	2	2	$165	❌	❌	❌	Y / Y	⭐️ 5 (75)
Boyne Mountain Resort \| Dog Friendly \| Lake Front	$103,296	$457	61%	2	2	2	$140	❌	❌	✅	Y / Y	⭐️ 5 (115)
Up North Vacation Pt. 2	$22,642	$88	64%	2	1	2	$130	❌	❌	❌	N / N	⭐️ 4.5 (91)
Up North Vacation Rental	$19,475	$83	60%	2	1	2	$130	❌	❌	❌	N / N	⭐️ 5 (218)
Mountain Dreamer; By Boyne Mountain, 4 Seasons Fun	$20,608	$126	39%	2	1	1	$115	❌	❌	❌	Y / Y	⭐️ 5 (45)
Ski-In/Ski-Out Creekside Condo at Boyne Mountain	$160,827	$694	63%	2	2	1	$332	❌	✅	❌	Y / Y	⭐️ 5 (21)
Up Hill: sleeps 7: Ski in Ski Out	$44,049	$302	39%	2	1	1	$130	✅	❌	❌	Y / Y	⭐️ 5 (73)
Deer Lake Villa Bldg. #4	$48,239	$384	31%	2	2	1	$171	❌	❌	❌	Y / Y	⭐️ 0 (0)
Maple Grove Retreat House	$56,240	$403	37%	2	1.5	2	$190	❌	❌	❌	Y / Y	⭐️ 5 (83)
Starlit A-frame surrounded by nature	$42,309	$136	85%	2	2	3	$0	❌	❌	✅	Y / Y	⭐️ 4.7 (36)
Chandler Hills Point	$54,187	$235	63%	2	1	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (7)
691 Disciples Village Condo	$43,799	$332	34%	2	1	1	$326	❌	❌	❌	Y / Y	⭐️ 5 (4)
Ski-In/Ski-Out Condo w/ Private Hot Tub at Boyne!	$115,570	$622	49%	2	2	1	$332	❌	✅	❌	Y / Y	⭐️ 5 (30)
Serene country views and sounds! Cute & cozy.	$41,280	$193	56%	2	1	2	$80	❌	❌	❌	Y / Y	⭐️ 5 (5)
Dreams & Streams Retreat Boyne Mountain 2 min away	$152,398	$442	93%	2	2.5	1	$135	❌	❌	✅	Y / Y	⭐️ 4.5 (25)
Cute Cottage on Deer Lake - 4mi to Boyne Mountain	$25,534	$144	47%	2	1	2	$90	❌	❌	❌	N / Y	⭐️ 5 (186)
Beautiful Ski-In/Ski-Out Condo w/ Private Hot Tub!	$148,835	$959	42%	2	2	1	$332	❌	✅	❌	Y / Y	⭐️ 4.7 (19)
Boyne Mountain Resort 2 bedroom condo Sleeps 6	$85,535	$246	95%	2	2	2	$0	✅	✅	❌	Y / Y	⭐️ 5 (15)
Cozy Boyne Mountain Ski Condo	$54,691	$293	51%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (13)
Boyne Mountain Villa - H building. Great location!	$49,788	$312	43%	2	2	2	$150	✅	❌	❌	Y / Y	⭐️ 5 (81)
NEW The Storybook House 5 mins to Boyne MT	$48,925	$304	41%	2	2.5	2	$275	❌	❌	✅	Y / Y	⭐️ 5 (13)
The "Farmhouse"- Your Upscale Walloon Getaway	$25,636	$158	39%	2	2	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (40)
Waterfront Boyne Mountain Resort Deer Lake Villa	$61,235	$429	39%	2	2	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (9)
763 Disciples Village Condo	$48,466	$273	46%	2	2	1	$171	❌	❌	❌	Y / N	⭐️ 5 (3)
Poolside condo, short walk to lodge! Slps 10	$46,992	$386	33%	2	2	2	$185	❌	❌	✅	Y / Y	⭐️ 4.8 (116)
Mountain Creekside: Ski in/Out: Hot tub: Sleeps 8	$87,767	$436	55%	2	2	1	$0	❌	✅	❌	Y / Y	⭐️ 5 (11)
Boyne Mtn Disciples Village #660 \| Ski-In/Ski-Out	$140,120	$898	42%	2	2.5	2	$250	❌	❌	❌	Y / Y	⭐️ 5 (114)
New, clean and contemporary!	$59,912	$360	45%	2	2	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (25)

Return Metrics

48.62% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$19,935	$39,870	$59,805	$79,740	$99,675	$199,351	$598,053
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$128,000	$128,000	$128,000	$128,000	$128,000	$128,000	$128,000
Down Payment	$32,000	$32,000	$32,000	$32,000	$32,000	$32,000	$32,000
Property Appreciation	$4,800	$9,744	$14,836	$20,081	$25,483	$55,026	$228,361
Total Return	$184,735	$209,614	$234,641	$259,821	$285,159	$414,377	$986,415

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

48.62%

Cap Rate

19.2%

Return on Investment

64.16%

2166 N Springbrook Rd Boyne Falls, Michigan, 49713

2 bed • 2 bath • 6 guests

Purchase Price

Est. $767/mo

Inquire about this property

Contact Agent

$167,800

Zestimate

261

Airbnb Investor Score

$19,935

Annual Profit

19.2%

Cap Rate

48.6%

Cash on Cash

$67,296

Annual Revenue

This property is projected to be in the top 50% revenue percentile compared to similar properties nearby.
AirDNA projects $260/night at 67% occupancy ($63,625.5). Airbtics projects $333/night at 53% occupancy ($64,461).

Occupancy Rate

Top 16% of comparables

Avg Daily Rate

Top 63% of comparables

Seasonality

40 Airbnb Comparables

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

$63,718

Avg annual revenue

53%

Avg occupancy rate

$333

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

$20k

$65k

$110k

$160k

$19,935

Profit

Revenue

$67,296

Operating Expenses

$36,568

Operating Income

$30,728

Mortgage & Taxes

$10,793

Profit (Cash Flow)

$19,935

$41,000

Cash Investment

Down Payment

$32,000

Renos & Furnishing

$3,400

Closing Costs

$5,600

Total

$41,000

DSCR Ratio

Strong

2.85

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

48.62%

Cap Rate

19.2%

Return on Investment

64.16%

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

$7,594

Deductible property tax

$1,584

Your total deduction

-$3,615

Your adjusted annual income

$150,000 - -$3,615 = $153,615

Taxes on $153,615 (30%)

$46,084

Your old tax bill

$45,000

Your new tax bill

$46,084

Estimated tax savings

-$1,084

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:

950 sqft

Type:

CONDO

Parking:

Heating:

Forced Air, LP Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: CONDO

Stories: -

Lot size: -

Building area: 950 sqft

Garage: No

Heating: Forced air, lp gas

Pool: No

Fireplaces: -

Basement: Yes

Cooling: Ceiling Fan(s)

View: -

Parking: No Garage Or Carport

Amenities: Refrigerator

Price per square foot: $176

Lot Info

Zoning: -

Land Use: -

Parcel Number: 01017500300

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $139,400

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $167,800

Schools

Elementary School: Sheridan School with 8/10 star rating
Middle School: Petoskey Middle School with 7/10 star rating
High School: Petoskey High School with 8/10 star rating