BNBCalc Short Term Rental Investment Analysis 3360 Riverside Rd, Benton Harbor, MI, 49022

4 bed • 3 bath • 12 guests • $178,800

BNB

Calc

Report by:

Ryan Katowich

Principal Broker/Owner at Realty Executives Instant Equity

269.983.7722

Ryan@TKRealty.Pro

https://www.realtyexecutives.com/office/probrokers

Annual Revenue

$94,215

Profit (Cash Flow)

$56,225

Cap Rate

38.2%

Annual Revenue

$94,215

AirDNA projects $360/night at 46% occupancy ($60,484). Airbtics projects $469/night at 55% occupancy ($94,214). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 55% occupancy rate, $469 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$38,266	$95,006	$134,282	$239,987
Occupancy	36%	56%	68%	87%
Nightly Rate	$285	$456	$529	$742

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Sanctuary by the Shore: Unique Stay by Lake MI	$38,064	$264	37%	4	1.5	2	$100	✅	❌	✅	N / Y	⭐️ 5 (61)
🌅Pristine Private Lakefront⛵️Fire Pit 🪵, WIFI & AC!	$97,441	$778	33%	4	2	2	$315	❌	✅	❌	Y / Y	⭐️ 5 (29)
Woodshores Retreat - cozy retreat, hot tub, Lk MI	$104,376	$450	62%	4	3	2	$250	❌	✅	✅	Y / Y	⭐️ 5 (201)
Pier Road House	$89,399	$276	87%	4	2	3	$250	❌	❌	✅	Y / Y	⭐️ 5 (51)
Log Cabin, 15 acres, private nature lake, hot tub	$80,631	$258	83%	4	1	2	$150	❌	✅	✅	Y / Y	⭐️ 5 (104)
LAkESIDE HOUsE w/DECK, Hot Tub, Game Room!	$54,243	$243	57%	4	2	2	$250	❌	✅	❌	Y / Y	⭐️ 5 (35)
Waterfront 4BR/2.5BA W/2 Large Decks \| Haven K	$100,374	$393	68%	4	2.5	2	$260	❌	❌	✅	Y / Y	⭐️ 5 (18)
Private Modern Oasis: Fire pit, Hot tub, Sleeps 12	$121,551	$589	55%	4	2	2	$225	✅	✅	❌	Y / Y	⭐️ 5 (45)
Hagar Shores Michigan Lake House	$151,415	$398	100%	4	1.5	3	$150	✅	❌	❌	Y / Y	⭐️ 5 (16)
Serenity House on the River	$79,065	$477	45%	4	4	3	$250	✅	✅	❌	Y / Y	⭐️ 5 (80)
Coco Acres	$78,760	$292	71%	4	3	2	$150	❌	❌	✅	Y / Y	⭐️ 5 (14)
Trailside Retreat	$83,928	$452	50%	4	4	2	$250	❌	❌	❌	Y / Y	⭐️ 4.8 (85)
Deluxe Vacay Home on Bluff Overlooking Paw Paw	$29,605	$222	30%	4	2	1	$300	❌	❌	❌	Y / Y	⭐️ 4.5 (13)
Valentine's Getaway to Wineries, Shops, Dining	$31,902	$230	33%	4	1	1	$150	❌	❌	✅	N / Y	⭐️ 4.5 (21)
Coloma Escape w/ Fire Pit < 1 Mi to Lake!	$165,251	$500	90%	4	3.5	30	$207	❌	❌	❌	Y / Y	⭐️ 5 (27)
Secluded Dunes Cottage Lake Michigan St Joe SoHa	$64,126	$461	37%	4	2	3	$255	❌	❌	❌	Y / Y	⭐️ 5 (83)
SouthwestMi Paradise.	$43,921	$211	56%	4	2.5	5	$250	✅	❌	✅	Y / Y	⭐️ 5 (48)
It's a Shore Thing!	$188,490	$515	100%	4	3	7	$0	✅	❌	❌	Y / Y	⭐️ 5 (3)
Spot on Lincoln	$64,920	$257	68%	4	1.5	3	$218	❌	❌	❌	Y / Y	⭐️ 5 (76)
Spacious and Cozy Condo, Great for Family Stays	$64,955	$293	60%	4	2	3	$175	✅	❌	❌	Y / Y	⭐️ 5 (17)
Unforgettable Lake Front Cabin 4BR 3BA	$93,981	$556	46%	4	3	3	$250	❌	❌	✅	Y / Y	⭐️ 5 (41)
Hill House	$125,685	$1,010	34%	4	4.5	5	$600	❌	❌	✅	Y / Y	⭐️ 4.5 (3)
Benton Harbor Home w/ Fire Pit - 2 Mi to Beach!	$143,412	$469	81%	4	1.5	3	$227	❌	❌	✅	Y / Y	⭐️ 5 (13)
Close to Beaches spacious 4 bedroom	$60,560	$288	56%	4	1	1	$225	❌	❌	❌	Y / Y	⭐️ 5 (38)
Updated-Private Beach-Lake Views-Fire Pit-Theater	$105,595	$489	59%	4	2	3	$0	❌	✅	❌	Y / Y	⭐️ 5 (10)
4 Bedrooms! Close to beaches, wineries, golfing!	$53,034	$210	69%	4	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (15)
Lakefront Home w/ Private beach, Hot tub, Sauna	$84,371	$452	51%	4	3	7	$0	❌	✅	❌	Y / Y	⭐️ 5 (54)
Secluded Lakefront Views @ Heavenly Daze Cottage	$72,561	$337	57%	4	3	2	$185	❌	❌	✅	Y / Y	⭐️ 5 (72)
Vista Michigana	$81,367	$397	56%	4	3	3	$0	❌	❌	✅	Y / Y	⭐️ 5 (4)
The Blue Heron on Lake Michigan	$148,187	$723	56%	4	3	5	$0	❌	✅	❌	Y / Y	⭐️ 0 (0)
Private Beach Retro Home Lake MI	$154,440	$615	67%	4	1.5	3	$200	❌	❌	✅	Y / Y	⭐️ 5 (41)
Breezy Coloma Getaway w/ Grill - 1 Mi to Beaches!	$156,951	$738	57%	4	3	2	$207	❌	❌	❌	Y / Y	⭐️ 4.5 (16)
Entire house close to the beach!	$87,290	$477	50%	4	2.5	3	$150	❌	❌	❌	Y / Y	⭐️ 5 (13)
Enjoy Fall and Family in Southwest Michigan	$32,757	$252	35%	4	3	12	$200	❌	❌	✅	Y / Y	⭐️ 4.8 (5)
High End Home w/ WaterViews & Pool! 7nightminimum	$231,395	$615	99%	4	2.5	7	$300	✅	❌	❌	Y / Y	⭐️ 5 (7)
Hot Tub & Sauna / Golf club / 5+ acres/Serenity	$118,716	$954	34%	4	3	2	$400	❌	✅	✅	Y / Y	⭐️ 0 (2)

Return Metrics

108.38% 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)	$56,225	$112,450	$168,676	$224,901	$281,127	$562,254	$1,686,764
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$143,040	$143,040	$143,040	$143,040	$143,040	$143,040	$143,040
Down Payment	$35,760	$35,760	$35,760	$35,760	$35,760	$35,760	$35,760
Property Appreciation	$5,364	$10,888	$16,579	$22,440	$28,478	$61,492	$255,194
Total Return	$240,389	$302,139	$364,056	$426,142	$488,405	$802,547	$2,120,759

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

108.38%

Cap Rate

38.19%

Return on Investment

122.11%

3360 Riverside Rd Benton Harbor, Michigan, 49022

4 bed • 3 bath • 12 guests

Purchase Price

Est. $858/mo

Inquire about this property

Contact Ryan

Principal Broker/Owner at Realty Executives Instant Equity

$178,800

Zestimate

592

Airbnb Investor Score

$56,225

Annual Profit

38.2%

Cap Rate

108.4%

Cash on Cash

$94,215

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $360/night at 46% occupancy.Projected nightly rate is $469/night at 55% occupancy.

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.

$93,649

Avg annual revenue

55%

Avg occupancy rate

$469

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

$95k

$160k

$230k

$56,225

Profit

Revenue

$94,215

Operating Expenses

$25,928

Operating Income

$68,287

Mortgage & Taxes

$12,061

Profit (Cash Flow)

$56,225

$51,874

Cash Investment

Down Payment

$35,760

Renos & Furnishing

$10,750

Closing Costs

$5,364

Total

$51,874

DSCR Ratio

Strong

5.66

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

108.38%

Cap Rate

38.19%

Return on Investment

122.11%

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

$8,486

Deductible property tax

$1,770

Your total deduction

-$37,029

Your adjusted annual income

$150,000 - -$37,029 = $187,029

Taxes on $187,029 (30%)

$56,109

Your old tax bill

$45,000

Your new tax bill

$56,109

Estimated tax savings

-$11,109

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:

1 sqft

Year built:

1930

Size:

1,491 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 1

Lot size: 1 sqft

Building area: 1,491 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: Attached

Amenities: Dishwasher

Price per square foot: $119

Lot Info

Zoning: -

Land Use: -

Parcel Number: 1000270001041

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $93,576

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $178,800

Schools