BNBCalc Short Term Rental Investment Analysis 250 E Harbortown Dr 106, Detroit, MI 48207

2 bed • 2 bath • 6 guests • $2,100

BNB

Calc

Annual Revenue

$33,924

Profit (Cash Flow)

$15,692

Cap Rate

754.0%

Annual Revenue

$33,924

AirDNA projects $172/night at 54% occupancy ($33,923). Airbtics projects $142/night at 54% occupancy ($28,006). Airbtics predicts this property will perform in the 47% revenue percentile

BNB Calc projects a 54% occupancy rate, $172 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$17,867	$26,357	$34,606	$67,497
Occupancy	43%	55%	64%	71%
Nightly Rate	$104	$121	$137	$244

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Design-Focused, Riverfront Loft Near Downtown	$75,016	$336	61%	2	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (70)
Dwtn Walkerville- Charming/Renovated 2 Bdrm Suite	$19,518	$97	53%	2	1	1	$26	❌	❌	❌	N / Y	⭐️ 5 (169)
Lovely two-bedroom relaxing private parking rental	$31,128	$120	61%	2	1	1	$110	❌	❌	❌	Y / Y	⭐️ 4.8 (50)
"The Modern Loft" in Walkerville / 2Bed - 1 Bath	$82,911	$244	90%	2	1	2	$74	❌	❌	❌	Y / Y	⭐️ 5 (98)
2bd Apt in West Village - Eat, Drink, Be Merry!	$27,107	$111	63%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (156)
"The Oasis" a Walkerville dream / 2 Bed - 1 Bath	$74,902	$245	81%	2	1	2	$74	❌	❌	❌	Y / Y	⭐️ 4.9 (98)
Cozy 2 bed\|1ba apt in West Village w/parking	$28,363	$109	66%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (150)
Stunning Huge Vintage Loft Minutes From Downtown!	$22,326	$132	41%	2	1	2	$130	❌	❌	❌	Y / Y	⭐️ 4.8 (163)
One Of A Kind Huge Loft Minutes From Downtown!	$24,849	$138	43%	2	1	2	$140	❌	❌	❌	Y / Y	⭐️ 4.8 (88)
Gorgeus One Of A Kind Loft Minutes From Downtown!	$21,268	$132	40%	2	1	2	$135	❌	❌	❌	Y / Y	⭐️ 4.8 (192)
Detroit Loft: Eastern Market Retreat w/Fireplace!	$73,595	$457	44%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (79)
Beautiful cozy 2bedroom getaway	$18,667	$106	45%	2	1	1	$110	❌	❌	❌	Y / Y	⭐️ 4.8 (28)
Charming Old Walkerville 2-Bedroom Luxury Suite	$32,735	$109	77%	2	1	1	$59	❌	❌	✅	Y / Y	⭐️ 5 (116)
Private Parking Garage Great Location 5min to DWNT	$22,265	$128	37%	2	1	1	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (29)
Trendy 2/1 Apt near the Villages \| Free Parking	$18,792	$103	44%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (51)
Best Kept Secret in Walkerville! Cheerful 2BD Home	$22,736	$98	57%	2	1	3	$103	❌	❌	✅	Y / Y	⭐️ 4.6 (18)
Cozy 2/1 Apt near the Villages \| Free Parking	$20,020	$92	55%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (27)
Modern 2/1 Apt near the Villages \| Free Parking	$27,009	$105	64%	2	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (64)
482# Two-bedroom apartment near the border tunnel	$11,697	$47	68%	2	1	1	$0	❌	❌	❌	N / Y	⭐️ 4.5 (717)
Cozy Downtown Detroit Loft with Rustic Charm	$33,600	$150	58%	2	2	3	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (116)
Cozy 2bd room townhome minutes to downtown Detroit	$26,126	$166	40%	2	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (18)
Lovely 2/1 Apt near the Villages \| Free Parking	$23,396	$104	54%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (79)
Stylish Suite Near Waterfront & Downtown	$18,870	$81	59%	2	1	1	$37	❌	❌	❌	Y / Y	⭐️ 4.6 (197)
Classic 2/1 Apt Near Villages \| Free Parking	$29,499	$104	68%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (70)
Modern 2B High Rise near Downtown Queen Beds Washe	$37,453	$125	63%	2	1	1	$175	❌	❌	✅	Y / Y	⭐️ 5 (39)
Opulent 2 Bedroom Getaway	$28,659	$129	56%	2	1	1	$80	❌	❌	✅	Y / Y	⭐️ 4.7 (45)
480# Two-bedroom apartment near the border tunnel	$12,473	$48	71%	2	1	1	$0	❌	❌	❌	N / Y	⭐️ 4.5 (666)
2 Bedroom Townhome Downtown Detroit Near RiverWalk	$36,103	$137	72%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4.7 (52)
Stunning 2B High Rise near Downtown Queen Bed	$32,962	$122	55%	2	1	1	$175	❌	❌	✅	Y / Y	⭐️ 5 (18)
Spacious West Village 2bd/2ba apt\|Min to Downtown	$31,634	$127	64%	2	2	2	$110	❌	❌	❌	Y / Y	⭐️ 4.8 (172)
Spacious NEW 2Bdrm home close to all w/ parking!	$22,762	$133	38%	2	1	1	$125	❌	❌	❌	Y / Y	⭐️ 4.8 (29)
Historic 2/1 Apt near the Villages \| Free Parking	$22,846	$104	53%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (61)
Tranquil Haven Retreat	$27,155	$134	53%	2	1	1	$80	❌	❌	✅	Y / Y	⭐️ 4.7 (38)
LUNALOFTS ☽ Riverfront Eccentric Loft w Projector	$21,173	$103	50%	2	1	1	$25	❌	❌	❌	N / Y	⭐️ 4.5 (137)
Modern 2B High Rise near Downtown Queen Beds	$15,961	$89	49%	2	2	1	$0	❌	❌	❌	Y / Y	⭐️ 4 (4)
Charming 2/1 Mid-Century Apt	$27,370	$104	68%	2	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.7 (19)

Return Metrics

224.71% 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)	$15,692	$31,384	$47,076	$62,768	$78,460	$156,921	$470,763
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$1,680	$1,680	$1,680	$1,680	$1,680	$1,680	$1,680
Down Payment	$420	$420	$420	$420	$420	$420	$420
Property Appreciation	$63	$127	$194	$263	$334	$722	$2,997
Total Return	$17,855	$33,612	$49,371	$65,131	$80,894	$159,743	$475,860

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

224.71%

Cap Rate

753.98%

Return on Investment

225.91%

250 E Harbortown Dr 106 Detroit, MI, 48207

2 bed • 2 bath • 6 guests

Purchase Price

Est. $10/mo

This property is for sale!

Contact Agent

Detroit

Guide

Zoning

Market

Guide

Laws

Market Data

7312

Airbnb Investor Score

$15,692

Annual Profit

754.0%

Cap Rate

224.7%

Cash on Cash

$33,924

Annual Revenue

This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $172/night at 54% occupancy.Projected nightly rate is $142/night at 54% occupancy.

Occupancy Rate

Top 53% of comparables

Avg Daily Rate

Top 18% of comparables

Seasonality

40 Airbnb Comparables

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

$29,647

Avg annual revenue

54%

Avg occupancy rate

$142

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

$10k

$35k

$60k

$85k

$15,692

Profit

Revenue

$33,924

Operating Expenses

$18,090

Operating Income

$15,834

Mortgage & Taxes

$142

Profit (Cash Flow)

$15,692

$6,983

Cash Investment

Down Payment

$420

Renos & Furnishing

$6,500

Closing Costs

$63

Total

$6,983

DSCR Ratio

Strong

111.77

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

224.71%

Cap Rate

753.98%

Return on Investment

225.91%

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

$100

Deductible property tax

$21

Your total deduction

-$14,587

Your adjusted annual income

$150,000 - -$14,587 = $164,587

Taxes on $164,587 (30%)

$49,376

Your old tax bill

$45,000

Your new tax bill

$49,376

Estimated tax savings

-$4,376

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:

MFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: MFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

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: -