2892 High St Bear Lake, Michigan, 49614
3 bed âą 2 bath âą 8 guests
Est. $2,113/mo

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$483,500
Zestimate
Airbnb Investor Score
$12,466
Annual Profit
9.6%
Cap Rate
10.9%
Cash on Cash
$72,172
Annual Revenue
BNBCalc predicts this property will get $324 per night with 50% occupancy, putting it in the top 50% revenue percentile compared to similar properties nearby.
Top 23% of comparables
Top 16% of comparables
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40
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$47,866
Avg annual revenue
55%
Avg occupancy rate
$226
Avg nightly rate
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Revenue per year
$20k
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$12,467
Profit
Revenue
$72,172
Operating Expenses
$29,991
Operating Income
$42,181
Mortgage & Taxes
$29,715
Profit (Cash Flow)
$12,467
$114,815
Cash Investment
Down Payment
$88,100
Renos & Furnishing
$13,500
Closing Costs
$13,215
Total
$114,815
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
10.85%
Cap Rate
9.57%
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
$20,907
Deductible property tax
$4,361
Your total deduction
$33,036
Your adjusted annual income
$150,000 - $33,036 = $116,964
Taxes on $116,964 (30%)
$35,089
Your old tax bill
$45,000
Your new tax bill
$35,089
Estimated tax savings
$9,911
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
1.58 sqft
Year built:
1990
Size:
1,291 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Baseboard, Forced Air
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Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 2
- Lot size: 1.58 sqft
- Building area: 1,291 sqft
- Garage: No
- Heating: Baseboard, forced air
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: Central Air
- View: -
- Parking: -
- Amenities: -
- Price per square foot: $356
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 1157000500
- Flood Zone: No
Tax Info
- Year Assessed: 2024
- Assessed Value: $500,000
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $460,500
Schools