BNBCalc Short Term Rental Investment Analysis 300 Riverfront Dr 27C, Detroit, MI, 48226

1 bed • 1 bath • 1 guests • $220,000

BNB

Calc

Annual Revenue

$27,612

Profit (Cash Flow)

-$4,498

Cap Rate

4.7%

Annual Revenue

$27,612

AirDNA projects $147/night at 59% occupancy ($31,677). Airbtics projects $135/night at 56% occupancy ($27,612). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 56% occupancy rate, $135 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$18,894	$29,140	$42,123	$58,698
Occupancy	46%	59%	66%	74%
Nightly Rate	$107	$128	$166	$199

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Eclectic industrial Loft in Cortkown	$22,641	$105	55%	1	1	1	$100	❌	❌	✅	N / N	⭐️ 4.5 (54)
Corktown Detroit Brick + Beam Beauty Artist Loft!	$40,825	$166	66%	1	1	3	$120	❌	❌	❌	Y / Y	⭐️ 5 (110)
Gorgeous Downtown Detroit Loft - Fully Equipped	$21,093	$96	44%	1	1	1	$190	❌	❌	✅	Y / Y	⭐️ 4.4 (10)
Downtown Detroit Skyline View w/Free Parking Green	$29,558	$116	66%	1	1	2	$65	❌	❌	❌	Y / Y	⭐️ 5 (201)
Downtown Detroit Chill & Vibe Loft Free Park Lot	$24,706	$108	56%	1	1	1	$100	✅	❌	❌	N / Y	⭐️ 5 (128)
Downtown Contemporary Style Loft 313	$22,494	$80	73%	1	1	1	$60	❌	❌	❌	Y / Y	⭐️ 4.5 (140)
Downtown Contemporary Style Loft 310	$25,096	$84	79%	1	1	1	$60	❌	❌	❌	Y / Y	⭐️ 5 (266)
Queen G Investments	$18,587	$76	54%	1	1	1	$190	❌	❌	✅	Y / Y	⭐️ 4.9 (9)
Lovely loft with River walk view and free parking	$30,763	$136	61%	1	1	1	$50	❌	❌	✅	Y / Y	⭐️ 4.5 (37)
Corktown Artists Loft Clean/Coffee/Free Parking	$25,561	$122	53%	1	1	1	$90	❌	❌	✅	Y / Y	⭐️ 5 (223)
Apartment in Downtown Detroit	$17,436	$127	36%	1	1	2	$50	✅	❌	❌	Y / Y	⭐️ 5 (12)
Corktown Cottage	$45,906	$179	69%	1	2	2	$100	❌	❌	❌	Y / Y	⭐️ 5 (28)
Loft in cork-town	$16,213	$39	67%	1	1	1	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (101)
Classic Detroit loft, high vibes w/ free parking.	$40,504	$116	93%	1	1	1	$40	❌	❌	❌	Y / Y	⭐️ 5 (183)
Sonder Gabriel Richard \| Accessible 1BR Apartment	$36,081	$159	62%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (73)
"The Corner Office" Downtwn Loft Pool Table+Arcade	$36,749	$121	71%	1	1	1	$125	✅	❌	✅	N / Y	⭐️ 5 (125)
Pool Table Loft Downtown	$20,010	$71	77%	1	1	1	$0	✅	❌	✅	Y / N	⭐️ 5 (82)
Hotel Lager House in Corktown Detroit	$41,136	$214	49%	1	1	1	$125	❌	❌	❌	Y / Y	⭐️ 5 (433)
Stay downtown and walk everywhere!	$34,250	$130	68%	1	1	1	$70	❌	❌	❌	Y / Y	⭐️ 5 (619)
Elevated Retreat Downtown Loft Bridge View+Parking	$36,088	$170	58%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (62)
Historic+Eclectic House Ultreya - Corktown 1 bdrm	$38,095	$108	92%	1	1	1	$75	❌	❌	❌	Y / Y	⭐️ 5 (228)
Hoops Place	$26,517	$115	63%	1	1	1	$0	❌	❌	❌	N / Y	⭐️ 5 (189)
Cozy 1BR near Swim Park Casino & Tunnel!	$22,143	$110	55%	1	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (64)
Walk to Theaters & Stadiums, Large Corner 1BDRM	$26,682	$154	46%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (427)
Best location in Detroit! Historical & Updated	$31,192	$136	61%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (123)
Dtwn Detroit Industrial Loft Free Wi-Fi	$31,210	$137	60%	1	1	1	$45	❌	❌	❌	Y / Y	⭐️ 5 (169)
💎LUXURY💎 Exposed Brick Apt in the Art District	$25,188	$101	64%	1	1	1	$85	❌	❌	❌	Y / Y	⭐️ 4.9 (208)
Downtown Chic / Newly Renovated	$18,622	$96	53%	1	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (182)
Sunny Loft in heart of Corktown/ Old Tiger Stadium	$33,287	$236	36%	1	1	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (69)
Elevated Retreat: Downtown Detroit Loft + Parking	$45,772	$169	74%	1	1	1	$0	❌	❌	✅	Y / Y	⭐️ 5 (303)
Unique 1 bed 1 bath Free Parking Water & City View	$25,940	$155	44%	1	1	1	$55	✅	✅	✅	Y / Y	⭐️ 4.5 (66)
Downtown Loft 1BdR. CozC Detroit	$21,265	$166	35%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (156)
Industrial split level loft in Detroit’s Corktown	$32,885	$139	60%	1	2	1	$75	❌	❌	✅	N / N	⭐️ 4.5 (219)
Tucked-Away Treasure in Greektown: The Garconiera	$23,424	$200	32%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.5 (35)
Zen Den Downtown loft W/KING BED & massage table	$24,953	$70	62%	1	1	1	$150	❌	❌	✅	Y / Y	⭐️ 5 (285)
Post-Industrial loft/art gallery Corktown, Detroit	$37,064	$170	56%	1	1	1	$69	❌	❌	❌	Y / Y	⭐️ 5 (12)
Sonder The Randolph \| One-Bedroom Apartment	$21,847	$127	47%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 4.8 (143)

Return Metrics

-8.19% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$4,497	-$8,995	-$13,493	-$17,990	-$22,488	-$44,976	-$134,930
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$2,161	$4,455	$6,892	$9,478	$12,224	$28,713	$176,000
Down Payment	$44,000	$44,000	$44,000	$44,000	$44,000	$44,000	$44,000
Property Appreciation	$6,600	$13,398	$20,399	$27,611	$35,040	$75,661	$313,997
Total Return	$48,263	$52,858	$57,798	$63,099	$68,776	$103,397	$399,067

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-8.19%

Cap Rate

4.7%

Return on Investment

7.77%

300 Riverfront Dr Detroit, Michigan, 48226

1 bed • 1 bath • 1 guests

Purchase Price

Est. $1,055/mo

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Contact Agent

Detroit

Guide

Zoning

Market

Guide

Laws

Market Data

-23

Airbnb Investor Score

-$4,497

Annual Profit

4.7%

Cap Rate

-8.2%

Cash on Cash

$27,612

Annual Revenue

This property is projected to be in the top 44% revenue percentile compared to similar properties nearby.
AirDNA projects $147/night at 59% occupancy ($31,677.61). Airbtics projects $135/night at 56% occupancy ($27,612).

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 46% of comparables

Seasonality

40 Airbnb Comparables

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

$28,069

Avg annual revenue

56%

Avg occupancy rate

$135

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

$15k

$25k

$35k

$45k

-$4,498

Profit

Revenue

$27,612

Operating Expenses

$17,270

Operating Income

$10,343

Mortgage & Taxes

$14,841

Profit (Cash Flow)

-$4,498

$54,850

Cash Investment

Down Payment

$44,000

Renos & Furnishing

$4,250

Closing Costs

$6,600

Total

$54,850

DSCR Ratio

Weak

0.70

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-8.19%

Cap Rate

4.7%

Return on Investment

7.77%

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

$10,441

Deductible property tax

$2,178

Your total deduction

$26,879

Your adjusted annual income

$150,000 - $26,879 = $123,121

Taxes on $123,121 (30%)

$36,936

Your old tax bill

$45,000

Your new tax bill

$36,936

Estimated tax savings

$8,064

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com