292 Lyon Lake Rd Marshall, Michigan, 49068
4 bed • 5 bath • 12 guests
Est. $3,837/mo
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$850,000
Zestimate
Airbnb Investor Score
$11,092
Annual Profit
8.1%
Cap Rate
5.7%
Cash on Cash
$90,504
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $313/night at 55% occupancy.Projected nightly rate is $267/night at 57% occupancy.
Top 27% of comparables
Top 27% of comparables
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$57,922
Avg annual revenue
57%
Avg occupancy rate
$267
Avg nightly rate
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Revenue per year
$15k
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$11,093
Profit
Revenue
$90,504
Operating Expenses
$25,445
Operating Income
$65,058
Mortgage & Taxes
$53,965
Profit (Cash Flow)
$11,093
$195,250
Cash Investment
Down Payment
$160,000
Renos & Furnishing
$11,250
Closing Costs
$24,000
Total
$195,250
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
5.68%
Cap Rate
8.13%
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
$37,969
Deductible property tax
$7,920
Your total deduction
$69,714
Your adjusted annual income
$150,000 - $69,714 = $80,286
Taxes on $80,286 (30%)
$24,086
Your old tax bill
$45,000
Your new tax bill
$24,086
Estimated tax savings
$20,914
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
5,662 sqft
Year built:
2021
Size:
4,660 sqft
Type:
SINGLE_FAMILY
Parking:
2
Heating:
Forced Air
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Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 2
- Lot size: 5,662 sqft
- Building area: 4,660 sqft
- Garage: Yes
- Heating: Forced air
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: Central Air
- View: -
- Parking: Garage Faces Rear, Garage Door Opener, Attached
- Amenities: Washer, Refrigerator, Microwave, Dryer, Double Oven, Dishwasher, Bar Fridge, Water Softener Owned
- Price per square foot: $182
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 131112609000
- Flood Zone: No
Tax Info
- Year Assessed: 2024
- Assessed Value: $296,100
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $850,000
Schools
- Elementary School: Hughes Elementary School with 9/10 star rating
- Middle School: Marshall Middle School with 6/10 star rating
- High School: Marshall High School with 7/10 star rating