4857 Wickersham Rd Charlevoix, Michigan
4 bed • 3 bath • 8 guests
Purchase Price
Est. $NaN/mo
$52,569
Annual Revenue
Median of 25 comps selected by Bill, creator of this analysis.
- Avg Daily Rate
- $523
- Occupancy
- 28%
$10k
$60k
$115k
$175k
$174,495 | $82,337 | $1,550 | 30.9% | 3 | 8 | 184 | 4 | 3 | $0 | ❌ | ❌ | ❌ | Yes / Yes | ❌ | ⭐️ 2.5 (8) | — | |
$105,709 | $33,903 | $620 | 46.7% | 4 | 10 | 42 | 7 | 3 | $200 | ❌ | ❌ | ❌ | Yes / Yes | ❌ | ⭐️ 4.8 (66) | Profile | |
$105,628 | $56,197 | $476 | 60.8% | 3 | 8 | 92 | 3 | 1 | $0 | ❌ | ❌ | ✅ | Yes / Yes | ❌ | ⭐️ 2.35 (65) | — | |
$94,493 | $58,128 | $1,348 | 19.2% | 4 | 10 | 88 | 6 | 2 | $375 | ❌ | ✅ | ❌ | Yes / Yes | ❌ | ⭐️ 4.86 (28) | Profile | |
$91,293 | $37,760 | $540 | 46.3% | 3 | 8 | 45 | 5 | 2 | $0 | ❌ | ❌ | ✅ | Yes / Yes | ❌ | ⭐️ 5 (27) | Profile |
Seasonality
Break-even
$4,125/mo
Avg profit / month
-$394/mo
Best profit month
Jul $4,877
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Cash on Cash Return
-2.92%
Cap Rate
5.48%