2188 Arapahoe Rd Holland, Michigan, 49424-2378
4 bed • 3 bath • 10 guests
Est. $1,487/mo

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$405,800
Zestimate
$143,483
Annual Revenue
BNBCalc predicts this property will get $360 per night with 67% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.
Top 61% of comparables
Top 11% of comparables
Seasonality
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$90,239
Profit
Revenue
$143,483
Operating Expenses
$32,333
Operating Income
$111,150
Mortgage & Taxes
$20,912
Profit (Cash Flow)
$90,239
$82,050
Cash Investment
Down Payment
$62,000
Renos & Furnishing
$10,750
Closing Costs
$9,300
Total
$82,050
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
109.97%
Cap Rate
35.85%
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
$14,713
Deductible property tax
$3,069
Your total deduction
-$58,044
Your adjusted annual income
$150,000 - -$58,044 = $208,044
Taxes on $208,044 (30%)
$62,413
Your old tax bill
$45,000
Your new tax bill
$62,413
Estimated tax savings
-$17,413
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:
1983
Size:
1,893 sqft
Type:
SFR
Parking:
2
Heating:
FORCED AIR
Sold Comparables
Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
---|---|---|---|---|---|---|---|---|
438 Spruce St | 3 | 3 | 2,781 | - | 0 | 1989 | $620,000 | 38 |
2188 Whispering Dunes Dr | 3 | 2 | 1,548 | - | 0 | 1979 | $315,000 | 102 |
2103 Woodlark Dr | 3 | 3 | 2,609 | - | 0 | 1990 | $495,000 | 46 |
429 S Lakeshore Dr | 4 | 2 | 1,008 | - | 0 | 1960 | $0 | - |
225 N 168th Ave | 3 | 1 | 1,056 | - | 0 | 1977 | $115,000 | - |
2117 Randall St | 3 | 2 | 1,440 | - | 0 | 1960 | $289,000 | 21 |
2017 Lake St | 3 | 2 | 1,315 | - | 0 | 1958 | $400,000 | 57 |
2077 Woodlark Dr | 4 | 3 | 1,952 | - | 0 | 1990 | $450,000 | - |
450 S Lakeshore Dr | 3 | 3 | 1,870 | - | 0 | 1983 | $474,900 | - |
2138 Woodlark Dr | 4 | 3 | 2,677 | - | 0 | 1989 | $440,000 | - |
Property Details
- MLS Status: N/A
- Property Use: Single Family Residence
- Stories: 3
- Lot size: -
- Building area: 1,893 sqft
- Garage: Yes
- Heating: Forced air
- Pool: No
- Fireplaces: 1
- Basement: No
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: R-3
- Land Use: Residential
- Parcel Number: 70-15-28-277-005
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2022
- Assessed Value: $161,600
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $376,707
Sale history
Date | Sale Price | % Financed | Buyer |
---|---|---|---|
08/02/21 | $310,000 | 90% | Kathryn Johnson, Matthew Johnson |
03/24/17 | $205,000 | 98% | Jared J Breuker, Julie L Breuker |
Ownership
- Name: Kathryn Johnson
- Owner Occupied: Yes
- Owner Mailing Address: 5159 W Winona St, Chicago, Il 60630
- Years Owned: 30
- Home Equity: $117,600
- Mortgage Balance Remaining: $279,000
- Financed amount: 98%
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No