BNBCalc Short Term Rental Rental Arbitrage Analysis 676 Martin Luther King Jr Blvd

1 bed • 1 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$26,075

Profit (Cash Flow)

-$2,635

Cash on Cash Return

-60.6%

Annual Revenue

$26,075

AirDNA projects $158/night at 51% occupancy ($29,431). Airbtics projects $121/night at 42% occupancy ($18,561). Airbtics predicts this property will perform in the 41% revenue percentile

BNB Calc projects a 59% occupancy rate, $121 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$14,548	$20,649	$26,405	$36,260
Occupancy	36%	46%	51%	53%
Nightly Rate	$100	$111	$127	$171

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Rendezvous in Midtown	$21,436	$139	39%	1	2	1	$55	❌	❌	✅	Y / Y	⭐️ 4.8 (108)
Cozy & Chic 1 Bedroom in Heart of Midtown	$25,331	$112	54%	1	1	1	$45	❌	❌	✅	N / Y	⭐️ 4.8 (297)
Enjoy our Midtown beauty	$22,691	$103	51%	1	1	2	$99	❌	❌	✅	Y / Y	⭐️ 4.9 (109)
Midtown retreat	$14,719	$77	46%	1	1	1	$45	❌	❌	❌	Y / Y	⭐️ 4.8 (377)
City Experience w/ AC, Walking Distance from Bars	$21,161	$97	52%	1	1	1	$90	❌	❌	✅	Y / Y	⭐️ 4.2 (51)
1 Bedroom Apartment Downtown	$17,738	$101	42%	1	1	1	$70	❌	❌	✅	Y / Y	⭐️ 4.6 (50)
welcome to my Humble Abode*	$23,131	$97	57%	1	1	1	$89	❌	❌	❌	Y / Y	⭐️ 4.8 (126)
Stunning 1 Bedroom in Midtown with City Views	$24,146	$110	53%	1	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.8 (160)
Chic Detroit Art Loft in Heart of Midtown	$22,164	$111	48%	1	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.8 (157)
Bright & Stylish 1 Bedroom in the heart of Midtown	$20,718	$112	46%	1	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.8 (289)
Midtown Gem	$18,570	$128	39%	1	1	2	$100	❌	❌	✅	Y / Y	⭐️ 5 (2)
Lovely 1br in Midtown Detroit	$12,078	$100	33%	1	1	3	$0	❌	❌	✅	Y / Y	⭐️ 5 (1)

Return Metrics

-60.57% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$2,634	-$5,269	-$7,904	-$10,539	-$13,174	-$26,349	-$79,048
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$0	$0	$0	$0	$0	$0	$0
Total Return	-$2,634	-$5,269	-$7,904	-$10,539	-$13,174	-$26,349	-$79,048

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-60.57%

Payback Period Days

Return on Investment

-60.57%

676 Martin Luther King Jr Blvd apt Detroit, Michigan, 48201-2340

1 bed • 1 bath • 4 guests

Monthly Rent

Inquire about this property

Contact Agent

$4,359

Zestimate

Detroit

Guide

Zoning

Market

Guide

Laws

Market Data

$26,075

Annual Revenue

This property is projected to be in the top 41% revenue percentile compared to similar properties nearby.
Projected nightly rate is $158/night at 51% occupancy.Projected nightly rate is $121/night at 42% occupancy.

Occupancy Rate

Top 1% of comparables

Avg Daily Rate

Top 28% of comparables

Seasonality

15 Airbnb Comparables

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

$19,903

Avg annual revenue

42%

Avg occupancy rate

$121

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

$10k

$15k

$25k

$30k

-$2,635

Profit

Revenue

$26,075

Operating Expenses

$15,390

Operating Income

$10,685

Net Effective Rent

$13,320

Profit (Cash Flow)

-$2,635

$4,350

Cash Investment

Renos & Furnishing

$4,250

Setup Costs

$100

Total

$4,350

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

-60.57%

Payback Period Days