BNBCalc Short Term Rental Investment Analysis 2606 Caterham Dr, Waterford, MI 48329

4 bed • 2 bath • 12 guests • $349,999

BNB

Calc

Annual Revenue

$76,866

Profit (Cash Flow)

$29,583

Cap Rate

15.2%

Annual Revenue

$76,866

AirDNA projects $249/night at 52% occupancy ($47,291). Airbtics projects $345/night at 61% occupancy ($76,865). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 61% occupancy rate, $345 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$39,247	$64,573	$116,161	$197,298
Occupancy	52%	61%	73%	83%
Nightly Rate	$194	$274	$419	$632

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Modern Comfort - The Lotus Lake House - 10ppl!	$108,785	$350	79%	4	4	2	$240	❌	❌	❌	Y / Y	⭐️ 5 (40)
4-bedroom Historic cottage with lake access 🛶🛶🛶🛶🛶🛶	$37,387	$198	47%	4	2	1	$120	❌	❌	❌	Y / Y	⭐️ 5 (98)
Pontiac Lake Place- Waterfront): Pet friendly!	$146,899	$628	61%	4	4	1	$325	❌	❌	✅	Y / Y	⭐️ 4.8 (32)
4 Bedrooms, Pizza Oven, Hot Tub, Lake View & More	$76,529	$259	77%	4	2	1	$129	❌	✅	✅	Y / Y	⭐️ 4.6 (107)
Parsonage & Main Street Suite - Millpond Inn B&B	$84,549	$378	58%	4	4	2	$190	❌	✅	❌	Y / Y	⭐️ 4.8 (23)
Lakefront Tiki Retreat with Hot Tub!	$47,051	$316	38%	4	3	3	$250	❌	✅	❌	Y / Y	⭐️ 4.8 (20)
Bloomfield Hills 4 bedroom home	$62,995	$259	61%	4	3	2	$150	❌	❌	❌	Y / Y	⭐️ 4.8 (142)
Huge Yard-Sandy Beach-Open Plan	$81,218	$806	27%	4	3	2	$200	❌	❌	✅	Y / Y	⭐️ 4.9 (8)
Gorgeous, Fully Remodeled Open Floor-Plan!	$41,098	$197	57%	4	3	2	$0	❌	❌	✅	Y / Y	⭐️ 4.7 (138)
Cheerful 4 bedroom house 1 mile from lake	$56,869	$182	83%	4	3	14	$169	❌	❌	✅	Y / Y	⭐️ 4.8 (17)
Rowley Resort - A Lakefront Retreat for Gathering!	$61,652	$280	55%	4	2	2	$155	❌	❌	❌	Y / Y	⭐️ 4.9 (55)
NEW Lake Front W/ Private Dock, Hot Tub & Sauna!	$125,363	$516	63%	4	3	2	$350	❌	✅	✅	Y / Y	⭐️ 4.8 (54)
Island Inn a Lakehome on Sylvan/Otter Lake	$73,141	$392	49%	4	3	3	$250	❌	❌	❌	Y / Y	⭐️ 4.9 (58)
Bright, Beautiful 4BR/2BA Commerce Twp Getaway!	$75,131	$394	51%	4	2	3	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (36)
Luxury Mid Century Modern Home in Bloomfield Hills	$186,313	$880	57%	4	4	4	$400	❌	❌	✅	Y / Y	⭐️ 5 (3)
Beautiful lake house for rent!	$49,247	$476	22%	4	4	4	$250	❌	❌	❌	Y / Y	⭐️ 0 (0)
The Cinema House \| 4BR/2BA \| Downtown Berkley	$42,748	$158	67%	4	2	3	$165	❌	❌	✅	Y / Y	⭐️ 4.8 (53)
The Music House \| 4Br/2BA \| Downtown Berkley	$43,756	$153	72%	4	2	3	$170	❌	❌	✅	Y / Y	⭐️ 5 (109)
Sunny Clawson Home w/ Yard - Walk to Main St!	$94,483	$534	46%	4	3	2	$207	❌	❌	❌	Y / Y	⭐️ 4.9 (60)
Bright Modern Luxury Family Oasis - Your Vacation!	$77,396	$292	69%	4	3	2	$278	❌	❌	❌	Y / Y	⭐️ 5 (39)
Cozy, Chic & Updated Retreat * Near DT Royal Oak	$57,751	$228	64%	4	2	3	$160	❌	❌	✅	Y / Y	⭐️ 4.8 (129)
Rustic Bungalow * Private Patio * Fenced Yard	$47,153	$186	61%	4	2	3	$185	❌	❌	✅	Y / Y	⭐️ 4.8 (66)
★ SUPER SANITIZED SPACIOUS NATURE HOUSE! ★	$63,462	$333	50%	4	3	21	$225	❌	❌	❌	Y / Y	⭐️ 4.8 (73)
4 bed/2.5 Bath updated home with fully fenced yard	$92,081	$268	93%	4	3	2	$60	❌	❌	✅	Y / Y	⭐️ 5 (91)
All-Inclusive Lavish Getaway	$151,041	$675	60%	4	4	3	$250	❌	✅	❌	Y / Y	⭐️ 5 (27)
Elegant Home w/ Modern Amenities in N. Royal Oak!	$53,121	$255	55%	4	2	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (83)
Elegant home w/ backyard oasis. Walk to Royal Oak!	$55,818	$186	77%	4	2	3	$175	❌	❌	❌	Y / Y	⭐️ 4.9 (59)
Oakdale Luxury Living	$75,706	$361	54%	4	3	3	$250	❌	❌	✅	Y / Y	⭐️ 5 (64)
Best Neighborhood - Zoo - Downtown Royal Oak	$133,466	$413	85%	4	3	3	$175	❌	❌	✅	Y / Y	⭐️ 5 (145)
Stunning Birmingham 4BR/4.5BA Home - Walk to Town!	$148,953	$901	44%	4	5	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (40)
Beautifully Updated Brownstone Near Downtown RO	$59,981	$218	71%	4	3	2	$180	❌	❌	✅	Y / Y	⭐️ 4.7 (81)
Cozy 4 BR/2 BA near Downtown Royal Oak/Detroit Zoo	$47,129	$162	73%	4	2	3	$170	❌	❌	✅	Y / Y	⭐️ 4.9 (118)
Pet-Friendly Vacation Rental in Wixom w/ Hot Tub!	$149,409	$519	76%	4	3	2	$232	❌	✅	✅	Y / Y	⭐️ 4.7 (25)
Modern French Country Luxury Getaway/ Pool Table	$67,694	$206	85%	4	2	3	$150	✅	❌	✅	Y / Y	⭐️ 4.8 (136)
4 Bedroom Craftsman in Historical Neighborhood	$71,006	$438	43%	4	3	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (36)
Gorgeous renovated 4-bedr · Gorgeous renovated 4-b	$57,769	$198	75%	4	3	3	$250	❌	❌	❌	Y / Y	⭐️ 4.8 (35)
Stylish 4 BD/2 BA Home Near Royal Oak Birmingham	$47,464	$140	85%	4	2	3	$175	❌	❌	✅	Y / Y	⭐️ 4.9 (63)
4 Bedroom Suburban Oasis minutes from Detroit	$30,470	$142	56%	4	2	2	$50	❌	❌	❌	Y / Y	⭐️ 4.7 (150)
Spacious, 4br, 2.5b home near B’ham	$47,656	$180	69%	4	3	7	$125	❌	❌	❌	Y / Y	⭐️ 5 (36)
Mid-century Palm Springs Lifestyle	$32,575	$160	53%	4	3	2	$175	❌	❌	❌	Y / Y	⭐️ 4.3 (39)

Return Metrics

32.5% 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)	$29,583	$59,166	$88,749	$118,332	$147,916	$295,832	$887,497
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$279,999	$279,999	$279,999	$279,999	$279,999	$279,999	$279,999
Down Payment	$69,999	$69,999	$69,999	$69,999	$69,999	$69,999	$69,999
Property Appreciation	$10,499	$21,314	$32,454	$43,927	$55,745	$120,370	$499,540
Total Return	$390,082	$430,480	$471,203	$512,259	$553,660	$766,201	$1,737,036

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

32.5%

Cap Rate

15.19%

Return on Investment

47.82%

2606 Caterham Dr Waterford, MI, 48329

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,679/mo

This property is for sale!

Contact Agent

181

Airbnb Investor Score

$29,583

Annual Profit

15.2%

Cap Rate

32.5%

Cash on Cash

$76,866

Annual Revenue

BNBCalc predicts this property will get $345 per night with 61% occupancy, putting it in the top 48% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 51% of comparables

Avg Daily Rate

Top 38% of comparables

Seasonality

40 Airbnb Comparables

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

$76,557

Avg annual revenue

61%

Avg occupancy rate

$345

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

$30k

$80k

$130k

$185k

$29,583

Profit

Revenue

$76,866

Operating Expenses

$23,673

Operating Income

$53,193

Mortgage & Taxes

$23,610

Profit (Cash Flow)

$29,583

$91,000

Cash Investment

Down Payment

$70,000

Renos & Furnishing

$10,500

Closing Costs

$10,500

Total

$91,000

DSCR Ratio

Strong

2.25

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

32.5%

Cap Rate

15.19%

Return on Investment

47.82%

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

$16,611

Deductible property tax

$3,465

Your total deduction

$6,540

Your adjusted annual income

$150,000 - $6,540 = $143,460

Taxes on $143,460 (30%)

$43,038

Your old tax bill

$45,000

Your new tax bill

$43,038

Estimated tax savings

$1,962

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: 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: -