31815 Lake Rd Avon Lake, Ohio, 44012
4 bed • 5 bath • 12 guests
Est. $4,197/mo

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Airbnb Investor Score
-$37,503
Annual Profit
2.5%
Cap Rate
-17.6%
Cash on Cash
$40,462
Annual Revenue
This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $408/night at 50% occupancy.Projected nightly rate is $191/night at 58% occupancy.
Top 58% of comparables
Top 44% of comparables
Seasonality
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$42,321
Avg annual revenue
58%
Avg occupancy rate
$191
Avg nightly rate
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Revenue per year
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-$37,503
Profit
Revenue
$40,462
Operating Expenses
$18,940
Operating Income
$21,522
Mortgage & Taxes
$59,025
Profit (Cash Flow)
-$37,503
$212,500
Cash Investment
Down Payment
$175,000
Renos & Furnishing
$11,250
Closing Costs
$26,250
Total
$212,500
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-17.64%
Cap Rate
2.45%
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
$41,528
Deductible property tax
$8,663
Your total deduction
$125,740
Your adjusted annual income
$150,000 - $125,740 = $24,260
Taxes on $24,260 (30%)
$7,278
Your old tax bill
$45,000
Your new tax bill
$7,278
Estimated tax savings
$37,722
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
0.44 sqft
Year built:
1965
Size:
4,557 sqft
Type:
SINGLE_FAMILY
Parking:
2
Heating:
Forced Air, Gas
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 2
- Lot size: 0.44 sqft
- Building area: 4,557 sqft
- Garage: Yes
- Heating: Forced air, gas
- Pool: Yes
- Fireplaces: 1
- Basement: Yes
- Cooling: Central Air, Ceiling Fan(s)
- View: -
- Parking: Attached, Circular Driveway, Garage Faces Front, Garage, Garage Door Opener
- Amenities: Dryer, Dishwasher, Range, Refrigerator, Washer
- Price per square foot: $192
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 0400030112017
- Flood Zone: No
Tax Info
- Year Assessed: 2023
- Assessed Value: $478,230
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- High School: Avon Lake High School with 7/10 star rating