BNBCalc Short Term Rental Investment Analysis 443 N Shore Dr, South Haven, MI, 49090

5 bed • 7 bath • 15 guests • $1,200,000

BNB

Calc

Annual Revenue

$97,538

Profit (Cash Flow)

-$9,770

Cap Rate

5.9%

Annual Revenue

$97,538

AirDNA projects $1,273/night at 38% occupancy ($176,683). Airbtics projects $545/night at 49% occupancy ($97,538). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 49% occupancy rate, $545 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$50,402	$94,233	$147,094	$197,878
Occupancy	34%	50%	65%	75%
Nightly Rate	$398	$501	$598	$693

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
New home with year round pool and golf cart	$113,368	$393	75%	5	3.5	1	$420	✅	✅	❌	Y / Y	⭐️ 4.5 (5)
MarinaResort/2SpaciousLivingRoom/gameRMBar/	$111,734	$589	51%	5	3.5	4	$275	✅	❌	✅	Y / Y	⭐️ 5 (69)
Lavish Lake Michigan Retreat \| New 4-seasons Pool	$97,012	$381	51%	5	4	2	$620	✅	✅	❌	Y / Y	⭐️ 5 (6)
Blue Shore @MarinaResort Waterview/Pool/SunRoom	$95,035	$365	69%	5	4	1	$325	✅	❌	✅	Y / Y	⭐️ 5 (59)
Idlewood Cottage, 5BR Home Beaches, Pool & Hot Tub	$88,705	$400	60%	5	3	2	$260	✅	✅	❌	Y / Y	⭐️ 5 (60)
Dog-friendly 5BR - pool, kayaks, bikes, beach gear	$31,209	$470	17%	5	4	3	$392	✅	❌	✅	Y / Y	⭐️ 4.7 (17)
The Highlands in Harbor Club Resort w/Pool.	$58,791	$377	40%	5	4	2	$440	✅	✅	❌	Y / Y	⭐️ 5 (9)
Close to Beach \| Backyard & deck \| Main Floor Beds	$52,875	$232	50%	5	3.5	2	$300	❌	❌	❌	Y / Y	⭐️ 0 (1)
Sleeps 12 • 7min walk to beach • Pet Friendly!	$63,874	$520	33%	5	3.5	2	$200	❌	❌	✅	Y / Y	⭐️ 5 (73)
Beachview Bungalow: Pet Friendly! Sleeps 12.	$91,869	$584	39%	5	3	3	$525	❌	❌	✅	Y / Y	⭐️ 5 (4)
Harbor View golf cart included in summer 2024	$104,453	$486	58%	5	4	3	$350	✅	✅	✅	Y / Y	⭐️ 5 (19)
5 Bedroom w/ Heated Pool, Hot Tub, & Game Room	$61,768	$349	43%	5	2.5	1	$450	✅	✅	✅	Y / Y	⭐️ 4.5 (8)
Indoor Pool! Brand New! Harbor Hideaway	$82,083	$442	49%	5	3.5	4	$350	✅	✅	❌	Y / Y	⭐️ 5 (7)
Indoor pool, hot tub, large home	$90,410	$574	39%	5	4	1	$525	✅	✅	❌	Y / Y	⭐️ 5 (4)
Lavish North Shore Home \| Near the Lake & Downtown	$129,254	$411	77%	5	4.5	2	$600	❌	❌	❌	Y / Y	⭐️ 5 (21)
Harbor Pointe - Modern, Close to Lake Michigan!	$46,526	$329	34%	5	2.5	2	$451	✅	❌	✅	Y / Y	⭐️ 5 (8)
Raffaele`s Retreat - Tri-Level, Modern, Near Beach	$38,151	$441	20%	5	3.5	2	$429	✅	❌	❌	Y / Y	⭐️ 5 (5)
Modern Beach Retreat w/ Hot Tub & Fire Pit	$227,137	$926	65%	5	3	1	$500	❌	✅	❌	Y / Y	⭐️ 5 (4)
Special Moments await you. Stylish. NEW.	$60,784	$433	34%	5	3.5	2	$462	✅	❌	❌	Y / Y	⭐️ 5 (6)
Beautifully restored 5 bedroom/2 bathroom home!	$67,904	$352	52%	5	2	2	$300	❌	❌	❌	Y / Y	⭐️ 5 (15)
Lake Views, Hot Tub, Fire Pit & Private Yard	$121,775	$659	45%	5	3.5	1	$500	❌	✅	❌	Y / Y	⭐️ 0 (2)
Sandy Feet Retreat. Walk to beach, downtown & pool	$124,592	$550	61%	5	3.5	2	$300	✅	❌	❌	Y / Y	⭐️ 5 (23)
New Haven - Pet Friendly Close to Town and beaches	$52,694	$534	26%	5	3.5	2	$462	✅	❌	✅	Y / Y	⭐️ 4.5 (31)
Welcome to Simpli Soha	$78,723	$415	49%	5	5	1	$500	❌	❌	❌	Y / Y	⭐️ 4.9 (13)
European House	$130,384	$620	57%	5	6	4	$300	❌	✅	❌	Y / Y	⭐️ 5 (46)
Classic Beach House ON the lake!	$163,326	$595	75%	5	2	3	$0	❌	❌	❌	Y / Y	⭐️ 5 (4)
Annabelle’s Vacation home!	$67,430	$344	53%	5	2	2	$350	❌	❌	✅	Y / Y	⭐️ 5 (32)
The Peacock	$63,713	$486	35%	5	5.5	5	$350	✅	❌	❌	Y / Y	⭐️ 5 (14)
5 Bdrm Home Just Steps from North Beach & Downtown	$162,728	$598	70%	5	3.5	1	$500	❌	❌	❌	Y / Y	⭐️ 0 (2)
Yellow Bird Beach House - Just Steps to the Beach!	$199,904	$717	74%	5	3.5	3	$300	❌	❌	❌	Y / Y	⭐️ 4.5 (14)
Stunning Home on Lake Michigan	$100,372	$1,714	16%	5	6.5	4	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
Spacious Family Home Across from Packard Park!	$109,800	$600	50%	5	5	1	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
The Brockway Beach House .	$214,209	$691	81%	5	4	3	$325	❌	❌	❌	Y / Y	⭐️ 5 (66)
Elegant Estate Across from Woodman Beach!	$152,018	$639	65%	5	4	1	$0	❌	❌	❌	Y / Y	⭐️ 0 (2)
Soul of SoHa Historic Charmer 5 BR/4BA Sleeps 12!	$66,476	$366	49%	5	3.5	2	$350	❌	❌	❌	Y / Y	⭐️ 5 (26)
B & B's Beach House	$138,858	$547	69%	5	2	2	$300	❌	❌	❌	Y / Y	⭐️ 5 (14)
Polaris by the Lake on famous North Beach	$70,492	$1,070	18%	5	3.5	1	$0	❌	❌	❌	Y / Y	⭐️ 0 (0)
Beautiful home in south haven near Lake Michigan	$176,506	$643	75%	5	3	5	$328	❌	❌	❌	Y / Y	⭐️ 0 (0)
Charming, Spacious House Near Lake Michigan	$57,615	$463	34%	5	3	3	$350	❌	❌	✅	Y / Y	⭐️ 5 (39)
Enjoy kayaks, bikes, beach gear, firepit & shared pool - walk to beach, dogs OK	$56,776	$517	30%	5	4	3	$0	✅	❌	✅	Y / Y	⭐️ 5 (3)

Return Metrics

-3.37% 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)	-$9,769	-$19,539	-$29,309	-$39,079	-$48,849	-$97,698	-$293,094
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$11,788	$24,304	$37,592	$51,700	$66,678	$156,617	$960,000
Down Payment	$240,000	$240,000	$240,000	$240,000	$240,000	$240,000	$240,000
Property Appreciation	$36,000	$73,080	$111,272	$150,610	$191,128	$412,699	$1,712,714
Total Return	$278,019	$317,845	$359,555	$403,231	$448,958	$711,618	$2,619,620

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-3.37%

Cap Rate

5.93%

Return on Investment

13.12%

443 N Shore Dr South Haven, Michigan, 49090

5 bed • 7 bath • 15 guests

Purchase Price

Est. $5,756/mo

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Contact Agent

Airbnb Investor Score

-$9,769

Annual Profit

5.9%

Cap Rate

-3.4%

Cash on Cash

$97,538

Annual Revenue

BNBCalc predicts this property will get $545 per night with 49% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 58% of comparables

Avg Daily Rate

Top 41% of comparables

Seasonality

40 Airbnb Comparables

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

$100,533

Avg annual revenue

49%

Avg occupancy rate

$545

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

-$9,770

Profit

Revenue

$97,538

Operating Expenses

$26,360

Operating Income

$71,178

Mortgage & Taxes

$80,948

Profit (Cash Flow)

-$9,770

$289,750

Cash Investment

Down Payment

$240,000

Renos & Furnishing

$13,750

Closing Costs

$36,000

Total

$289,750

DSCR Ratio

Weak

0.88

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-3.37%

Cap Rate

5.93%

Return on Investment

13.12%

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

$56,953

Deductible property tax

$11,880

Your total deduction

$130,549

Your adjusted annual income

$150,000 - $130,549 = $19,451

Taxes on $19,451 (30%)

$5,835

Your old tax bill

$45,000

Your new tax bill

$5,835

Estimated tax savings

$39,165

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:

0.56 sqft

Year built:

2024

Size:

5,205 sqft

Type:

SINGLE_FAMILY

Parking:

Heating:

Forced Air

Sold Comparables

Property Details

MLS Status: N/A

Property Use: SINGLE_FAMILY

Stories: 2

Lot size: 0.56 sqft

Building area: 5,205 sqft

Garage: Yes

Heating: Forced air

Pool: No

Fireplaces: 2

Basement: Yes

Cooling: Central Air

View: -

Parking: Additional Parking, Detached, Attached

Amenities: Bar Fridge, Dishwasher, Dryer, Oven, Refrigerator, Washer

Price per square foot: $922

Lot Info

Zoning: -

Land Use: -

Parcel Number: 805384001840

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $1,638,950

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: Baseline Middle School with 4/10 star rating
High School: South Haven High School with 4/10 star rating