Short Term Rental Analysis
N Channel Pkwy
Edwardsburg, Michigan
3 bed
2 bath
10 guests
$260,000 Purchase Price
Under Analysis
For Sale
Listing Unavailable
Notes
No description added
Projected Revenue
AirDna ADR: $275
AirDna Occupancy: 56%
Avg Daily Rate
- Annual Revenue
- $56,247
Occupancy Rate
205 Days/Year
56%
Financial Summary
This looks like a profitable investment over the next 1 year
Revenue
$56,247
Operating Expenses
-$15,367
Operating Income
$40,880
Mortgage & Taxes
-$13,548
Profit (Cash Flow)
$27,332
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Return Metrics
45.17% cash-on-cash return is a excellent return over the next 1 year
Price Appreciation
3%
Cash on Cash Return
45.17%
Cap Rate
15.72%
Cash Investment Summary
You will need $60,500 in cash to and renovate this property
Down Payment
-$52,000
Furniture & Renovations
-$8,500
Closing Costs
$0