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BNBCalc Short Term Rental Investment Analysis 22530 Argus, Detroit, MI 48219

3 bed โ€ข 2 bath โ€ข 9 guests โ€ข $89,900

BNB

Calc

Annual Revenue

$30,779

Profit (Cash Flow)

$7,033

Cap Rate

14.6%

Annual Revenue

$30,779

AirDNA projects $150/night at 42% occupancy ($23,010). Airbtics projects $159/night at 53% occupancy ($30,779). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 53% occupancy rate, $159 rate per night.

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

Percentiles25%50%75%90%
Revenue$18,495$30,713$44,623$66,843
Occupancy41%53%66%78%
Nightly Rate$120$153$175$224

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
Message Us and Ask About Our Super Deal

No image available

$43,848
$150
72%
321$120โŒโŒโœ…Y / Yโญ๏ธ 4.8 (75)
Cozy bungalow w/ backyard deck mins from HYW.

No image available

$22,703
$136
42%
322$99โŒโŒโŒY / Yโญ๏ธ 4.8 (62)
Adorable 3 bedroom - large backyard - family fun

No image available

$23,244
$160
36%
322$150โŒโŒโœ…Y / Yโญ๏ธ 4.9 (45)
Detroit Home with Hot tub Beautiful!

No image available

$22,748
$153
37%
321$89โŒโŒโŒY / Yโญ๏ธ 4.8 (56)
Home Away from Home in Malvern Hill, Sleeps 8

No image available

$18,358
$132
38%
322$0โŒโŒโŒN / Yโญ๏ธ 4.4 (7)
Fantastic RedFORD | 3BD/1.5BA Cozy Home

No image available

$37,893
$158
61%
323$140โŒโŒโœ…Y / Yโญ๏ธ 4.6 (41)
Cozy 3 Bedroom Vacation Home

No image available

$21,523
$96
54%
312$150โŒโŒโŒY / Yโญ๏ธ 4.9 (53)
The Hazelton

No image available

$26,124
$170
38%
312$155โœ…โŒโŒY / Yโญ๏ธ 5 (40)
Cozy Hot Tub Destination (A quiet getaway)

No image available

$36,608
$104
83%
311$80โŒโœ…โŒY / Yโญ๏ธ 4.8 (184)
Detroit Luxury Home W/ Game Room

No image available

$33,871
$134
65%
312$75โœ…โŒโœ…Y / Yโญ๏ธ 4.8 (46)
Cozy 3-Bdrm 2 Fullbath 7Beds West side Detroit

No image available

$32,654
$168
52%
323$100โŒโŒโœ…Y / Yโญ๏ธ 5 (7)
Fun Get Away | Pefect for Short or Long Stays

No image available

$28,912
$154
44%
321$150โœ…โŒโœ…Y / Yโญ๏ธ 4.6 (9)
The Colonial

No image available

$24,009
$125
50%
322$50โŒโŒโŒN / Yโญ๏ธ 5 (2)
Fun Get Away | Perfect For Short or Long Stays

No image available

$31,423
$162
45%
321$150โœ…โŒโœ…Y / Yโญ๏ธ 4.5 (11)
Detroit Home w/ Pool & Yard, 15 Mi to Downtown!

No image available

$52,809
$224
60%
312$207โœ…โŒโŒY / Nโญ๏ธ 3.5 (8)
Designer home - Near Beau ยท Professional designer

No image available

$34,097
$121
75%
313$145โŒโŒโŒY / Yโญ๏ธ 4.7 (52)
Amazing Stay | 2 Full Bathrooms | Mid / Long Stay

No image available

$42,273
$154
75%
321$0โŒโŒโœ…Y / Yโญ๏ธ 0 (0)
The Colonial

No image available

$25,493
$116
57%
322$50โŒโŒโŒN / Yโญ๏ธ 5 (6)
New! EV Charger | King Bed | WIFI | Projector

No image available

$63,405
$284
61%
322$0โŒโŒโœ…Y / Yโญ๏ธ 5 (16)
Picture Perfect Bachelorette Pad Detroit

No image available

$36,234
$180
55%
321$0โœ…โŒโœ…Y / Yโญ๏ธ 4.7 (159)
The Unlimited Experience 1

No image available

$31,923
$168
49%
321$150โŒโŒโœ…N / Yโญ๏ธ 5 (81)
3 BR home; near Beaumont Hospital FH

No image available

$29,626
$103
78%
322$110โŒโŒโŒY / Yโญ๏ธ 5 (68)
Michigan Fan Ranch Home

No image available

$26,491
$94
77%
311$0โŒโŒโŒY / Yโญ๏ธ 4.5 (37)
3bdrm | 3full bath | ideal for long-term stay

No image available

$18,440
$149
33%
335$100โŒโŒโœ…Y / Yโญ๏ธ 3.5 (4)
Comfy Cozy Treat

No image available

$38,649
$176
60%
321$0โœ…โŒโœ…Y / Yโญ๏ธ 5 (3)
Beautiful brick Colonial In Detroit Suburbs.

No image available

$36,673
$200
47%
327$150โŒโŒโŒY / Yโญ๏ธ 4.8 (28)
Upscale Calm with Cozy Fireplace

No image available

$37,412
$177
55%
322$140โŒโŒโŒY / Yโญ๏ธ 5 (14)
Farmington Hills 3 bedroom home

No image available

$26,966
$101
63%
313$167โŒโŒโŒY / Yโญ๏ธ 4.7 (36)
Detroit/Redford Mi Home

No image available

$16,372
$98
42%
321$75โŒโœ…โœ…Y / Yโญ๏ธ 4.8 (4)
Cheerful 3 bedroom home with deck and fenced yard

No image available

$70,272
$400
48%
333$0โŒโŒโœ…Y / Yโญ๏ธ 4.8 (21)
Detroit History House

No image available

$28,870
$85
91%
312$35โŒโŒโŒY / Yโญ๏ธ 5 (22)
Ravishing Detroit Home, Just Mins From Local Fwys

No image available

$27,949
$92
83%
313$0โŒโŒโœ…Y / Yโญ๏ธ 4.5 (57)
Motown Oasis | Modern 3 Bedroom Private Home

No image available

$67,194
$225
81%
322$125โŒโŒโœ…Y / Yโญ๏ธ 5 (3)
Fun House with Pool Table

No image available

$31,618
$163
53%
331$0โœ…โŒโŒY / Yโญ๏ธ 4.8 (32)
Classic and comfortable in Metro Detroit

No image available

$48,736
$175
74%
323$150โŒโŒโœ…Y / Yโญ๏ธ 4.9 (36)

Return Metrics

24.1% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$7,033$14,066$21,100$28,133$35,167$70,334$211,003
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$71,920$71,920$71,920$71,920$71,920$71,920$71,920
Down Payment$17,980$17,980$17,980$17,980$17,980$17,980$17,980
Property Appreciation$2,697$5,474$8,336$11,283$14,318$30,918$128,310
Total Return$99,630$109,441$119,336$129,317$139,386$191,152$429,214

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

24.1%

Cap Rate

14.56%

Return on Investment

36.37%

property-location

22530 Argus Detroit, MI, 48219

3 bed โ€ข 2 bath โ€ข 9 guests

Est. $431/mo

Agent

This property is for sale!

Contact Agent

Detroit

Guide

Zoning

Market

Guide


Laws


Market Data

153

Airbnb Investor Score

$7,033

Annual Profit

14.6%

Cap Rate

24.1%

Cash on Cash

$30,779

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $150/night at 42% occupancy.Projected nightly rate is $159/night at 53% occupancy.

Top 51% of comparables

Top 44% of comparables


Seasonality

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40

Airbnb Comparables

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

$32,013

Avg annual revenue

53%

Avg occupancy rate

$159

Avg nightly rate


๐ŸŠโ€โ™‚๏ธ Pool
๐Ÿ› Hot tub
๐Ÿถ Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$10k

$30k

$50k

$70k

Sign up to see the data on 40 all comparables

$7,033

Profit

Revenue

$30,779

Operating Expenses

$17,681

Operating Income

$13,098

Mortgage & Taxes

$6,064

Profit (Cash Flow)

$7,033

$29,177

Cash Investment

Down Payment

$17,980

Renos & Furnishing

$8,500

Closing Costs

$2,697

Total

$29,177

DSCR Ratio

Strong

2.16

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

24.1%

Cap Rate

14.56%

Profit (Cummulative)

$7,033

$71,920

$8,500

$2,697

$0

Total Gain

$10,614

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

$4,267

Deductible property tax

$890

Your total deduction

$3,046

Your adjusted annual income

$150,000 - $3,046 = $146,954


Taxes on $146,954 (30%)

$44,086

Your old tax bill

$45,000

Your new tax bill

$44,086


Estimated tax savings

$914

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: -