BNBCalc Short Term Rental Investment Analysis 517 Catalpa Dr, Royal Oak, MI 48067

4 bed • 2 bath • 12 guests • $999,900

BNB

Calc

Annual Revenue

$58,512

Profit (Cash Flow)

-$30,225

Cap Rate

3.7%

Annual Revenue

$58,512

AirDNA projects $267/night at 60% occupancy ($58,512). Airbtics projects $264/night at 65% occupancy ($62,675). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 60% occupancy rate, $267 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$34,136	$55,622	$91,856	$139,323
Occupancy	55%	67%	76%	84%
Nightly Rate	$163	$218	$320	$442

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Elegant home w/ backyard oasis. Walk to Royal Oak!	$55,984	$193	77%	4	2	3	$175	❌	❌	❌	Y / Y	⭐️ 4.9 (63)
Oakdale Luxury Living	$84,915	$402	56%	4	3	3	$250	❌	❌	✅	Y / Y	⭐️ 5 (69)
Bright Modern Luxury Family Oasis - Your Vacation!	$70,792	$288	66%	4	3	2	$278	❌	❌	❌	Y / Y	⭐️ 5 (39)
Cozy, Chic & Updated Retreat * Near DT Royal Oak	$36,557	$157	60%	4	2	3	$160	❌	❌	✅	Y / Y	⭐️ 4.8 (131)
Best Neighborhood - Zoo - Downtown Royal Oak	$140,313	$457	82%	4	3	3	$175	❌	❌	✅	Y / Y	⭐️ 5 (149)
4 Bedroom Craftsman in Historical Neighborhood	$73,288	$447	44%	4	3	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (36)
The Royal Retreat at Royal Oak (with minigolf)	$53,059	$265	52%	4	3	3	$90	❌	❌	❌	Y / Y	⭐️ 4.9 (60)
North suites at MicroLux	$54,110	$264	56%	4	2	1	$0	✅	✅	❌	Y / Y	⭐️ 5 (1)
Eclectic Bungalow in the Heart of Royal Oak	$147,295	$569	69%	4	1	3	$200	❌	❌	✅	Y / Y	⭐️ 5 (44)
Royal Oak! Lovely Single Story Home- 4 beds/Deck!	$28,928	$160	48%	4	1	4	$150	❌	❌	✅	Y / Y	⭐️ 5 (82)
Beautifully Updated Brownstone Near Downtown RO	$47,569	$184	68%	4	3	2	$180	❌	❌	✅	Y / Y	⭐️ 4.7 (83)
Cozy 4 BR/2 BA near Downtown Royal Oak/Detroit Zoo	$43,814	$147	77%	4	2	3	$170	❌	❌	✅	Y / Y	⭐️ 4.9 (122)
The Music House \| 4Br/2BA \| Downtown Berkley	$43,555	$150	75%	4	2	3	$170	❌	❌	✅	Y / Y	⭐️ 5 (116)
Heather’s House	$50,985	$192	68%	4	2	1	$160	❌	❌	❌	Y / Y	⭐️ 5 (76)
The Cinema House \| 4BR/2BA \| Downtown Berkley	$34,856	$121	72%	4	2	3	$165	❌	❌	✅	Y / Y	⭐️ 4.8 (57)
Beautiful, Clean, Cozy, 4 Bedrm.	$22,034	$199	25%	4	2	1	$225	✅	❌	❌	N / N	⭐️ 4.8 (10)
Stylish 4 BD/2 BA Home Near Royal Oak Birmingham	$40,132	$120	85%	4	2	3	$175	❌	❌	✅	Y / Y	⭐️ 4.9 (70)
Spectacular 4BR/2BA NearRoyal OakTroy*Birmingham	$48,266	$164	76%	4	2	2	$165	❌	❌	✅	Y / Y	⭐️ 4.8 (136)
4 bed/2.5 Bath updated home with fully fenced yard	$101,568	$294	94%	4	3	2	$60	❌	❌	✅	Y / Y	⭐️ 5 (95)
Sunny Clawson Home w/ Yard - Walk to Main St!	$38,445	$180	53%	4	3	2	$207	❌	❌	❌	Y / Y	⭐️ 4.9 (64)
Marvel-ous 4 BD/2.5 BA Royal Oak Home Sleeps 12	$64,013	$232	72%	4	3	3	$260	✅	❌	✅	Y / Y	⭐️ 5 (46)
Rustic Bungalow * Private Patio * Fenced Yard	$49,249	$199	62%	4	2	3	$185	❌	❌	✅	Y / Y	⭐️ 4.8 (69)
Elegant Home w/ Modern Amenities in N. Royal Oak!	$48,780	$229	57%	4	2	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (83)
Luxury Home In Pleasant Ridge	$40,884	$306	35%	4	3	1	$175	✅	❌	❌	Y / Y	⭐️ 5 (33)
Heart of Royal Oak! Absolutely Charming!	$56,734	$230	64%	4	2	3	$200	❌	❌	❌	Y / Y	⭐️ 5 (27)
Super Cute Fenced Home with 65”TV2 Baths King Beds	$16,195	$73	45%	4	2	2	$149	❌	❌	❌	Y / Y	⭐️ 4.8 (332)
3 Bathrooms \| Perfect For Short or Long Stays	$28,182	$140	55%	4	2	1	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (24)
Newly Updated 2.5 baths/4 beds home in Royal Oak	$62,885	$222	73%	4	3	3	$175	❌	❌	❌	Y / Y	⭐️ 4.8 (15)
Gorgeous renovated 4-bedr · Gorgeous renovated 4-b	$52,042	$188	73%	4	3	3	$250	❌	❌	❌	Y / Y	⭐️ 4.8 (35)
Awesome house in Nice Neighborhood	$72,989	$381	52%	4	3	15	$195	❌	❌	❌	Y / Y	⭐️ 5 (69)
The Guilford Home in Royal Oak!	$94,782	$364	70%	4	3	3	$250	❌	❌	✅	Y / Y	⭐️ 5 (14)
Charming 2 Family Duplex Home \| Downtown Royal Oak	$84,309	$273	81%	4	2	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (5)
Cheerful 4 bedroom home in Royal Oak Michigan.	$69,285	$214	88%	4	3	1	$60	❌	❌	✅	Y / Y	⭐️ 4.8 (92)
Luxury Finishes & * Newly Updated*Free Parking	$139,729	$442	84%	4	2	1	$150	❌	❌	✅	Y / Y	⭐️ 4.8 (116)
Home in Royal Oak w/ pool & sauna & dream garage	$54,778	$437	33%	4	3	2	$250	✅	❌	✅	Y / Y	⭐️ 4.8 (81)
Come Relax in Oak Park	$35,527	$146	63%	4	2	1	$100	✅	❌	❌	Y / Y	⭐️ 5 (16)
New 4 BD/2 BA Home Near Royal Oak Hot Tub!	$60,764	$200	80%	4	2	3	$165	❌	✅	✅	Y / Y	⭐️ 5 (18)
4 Bedroom Suburban Oasis minutes from Detroit	$32,380	$145	59%	4	2	2	$50	❌	❌	❌	Y / Y	⭐️ 4.7 (150)
Adorable 4bd walk to DT RO	$138,176	$363	100%	4	2	1	$100	❌	❌	❌	Y / Y	⭐️ 5 (10)
Spacious & Cozy 4BR Birmingham Home	$171,496	$846	55%	4	3	3	$250	❌	❌	❌	Y / Y	⭐️ 5 (5)

Return Metrics

-12.56% 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)	-$30,224	-$60,449	-$90,673	-$120,898	-$151,122	-$302,245	-$906,737
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$9,823	$20,252	$31,324	$43,079	$55,559	$130,501	$799,920
Down Payment	$199,980	$199,980	$199,980	$199,980	$199,980	$199,980	$199,980
Property Appreciation	$29,997	$60,893	$92,717	$125,496	$159,258	$343,881	$1,427,119
Total Return	$209,575	$220,676	$233,348	$247,657	$263,674	$372,117	$1,520,282

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-12.56%

Cap Rate

3.72%

Return on Investment

3.99%

517 Catalpa Dr Royal Oak, MI, 48067

4 bed • 2 bath • 12 guests

Purchase Price

Est. $4,796/mo

This property is for sale!

Contact Agent

-43

Airbnb Investor Score

-$30,224

Annual Profit

3.7%

Cap Rate

-12.6%

Cash on Cash

$58,512

Annual Revenue

BNBCalc predicts this property will get $264 per night with 65% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 36% of comparables

Seasonality

40 Airbnb Comparables

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

$64,741

Avg annual revenue

65%

Avg occupancy rate

$264

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

$65k

$115k

$170k

-$30,225

Profit

Revenue

$58,512

Operating Expenses

$21,287

Operating Income

$37,226

Mortgage & Taxes

$67,450

Profit (Cash Flow)

-$30,225

$240,477

Cash Investment

Down Payment

$199,980

Renos & Furnishing

$10,500

Closing Costs

$29,997

Total

$240,477

DSCR Ratio

Weak

0.55

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-12.56%

Cap Rate

3.72%

Return on Investment

3.99%

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

$47,456

Deductible property tax

$9,899

Your total deduction

$130,732

Your adjusted annual income

$150,000 - $130,732 = $19,268

Taxes on $19,268 (30%)

$5,780

Your old tax bill

$45,000

Your new tax bill

$5,780

Estimated tax savings

$39,220

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:

Year built:

Size:

Type:

SFR

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: SFR

Stories: -

Lot size: -

Building area: -

Garage: No

Heating:

Pool: No

Fireplaces: -

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: -

Parcel Number: -

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: -

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -