BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Investment Analysis 6848 E Lake Bluffs Dr, Traverse City, MI, 49684

4 bed • 3 bath • 12 guests • $875,600

BNB

Calc

Annual Revenue

$87,337

Profit (Cash Flow)

$3,238

Cap Rate

7.1%

Annual Revenue

$87,337

AirDNA projects $409/night at 43% occupancy ($64,235). Airbtics projects $427/night at 56% occupancy ($87,337). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 56% occupancy rate, $427 rate per night.

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

Percentiles25%50%75%90%
Revenue$50,616$75,842$129,348$207,418
Occupancy48%54%67%77%
Nightly Rate$282$374$515$719

Seasonality (Profit by Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
Vineyard Haven | AC | Jacuzzi | Sauna | Private |

No image available

$51,035
$248
53%
431$365❌❌❌Y / Y⭐️ 5 (45)
Leelanau Therapy+HotTub/JettedTub/FirePlace&Pit/AC

No image available

$111,764
$314
91%
432$199❌✅✅Y / Y⭐️ 5 (139)
Spacious Retreat w/ Hot Tub, 7mi to TC/M22, views!

No image available

$121,432
$616
53%
42.52$275❌✅✅Y / Y⭐️ 5 (95)
Secluded acreage, in TC w/ Hot tub, game room!

No image available

$82,210
$441
50%
42.52$299✅✅❌Y / Y⭐️ 5 (64)
Wine Country Cabin with Hot Tub

No image available

$111,524
$434
70%
423$300❌✅❌Y / Y⭐️ 5 (53)
Sun Bear Lakehouse - Lake Leelanau

No image available

$162,329
$672
66%
423$0❌❌❌Y / Y⭐️ 5 (15)
Farmhouse Retreat*Great View*Hot Tub*Wineries

No image available

$141,353
$880
43%
43.52$405❌✅✅Y / Y⭐️ 5 (68)
Traverse City Therapy- HotTub/PoolTable/FirePit/AC

No image available

$75,596
$254
77%
432$199✅✅✅Y / Y⭐️ 5 (190)
4BD/2BA, Charming Hilltop Home–5 miles to downtown

No image available

$74,554
$271
73%
423$125❌❌❌Y / Y⭐️ 5 (184)
Secluded Cabin, Hot Tub, Dogs, Fiber Optic

No image available

$100,847
$435
62%
42.52$425✅✅✅Y / Y⭐️ 5 (131)
Pet friendly country home with fenced yard

No image available

$47,225
$232
53%
422$170❌❌✅Y / Y⭐️ 5 (62)
West Bay Getaway - Family gathering space

No image available

$55,097
$233
63%
432$225❌❌❌Y / Y⭐️ 5 (249)
Beautiful House | Walk Everywhere | AC| Fire Pit |

No image available

$52,317
$279
49%
421$325❌❌✅Y / Y⭐️ 4.5 (71)
4 Bedroom/3 Bath Grand Condo in the Commons

No image available

$92,396
$495
51%
431$230❌❌❌Y / Y⭐️ 5 (54)
Long Lake Therapy-HotTub/FirePlace&Pit/AC/ByBeach

No image available

$105,630
$336
82%
432$199❌✅✅Y / Y⭐️ 5 (205)
Bay views in the heart of the Leelanau Peninsula

No image available

$58,765
$371
37%
41.53$250❌❌✅Y / Y⭐️ 5 (30)
Traverse City Home *Hot Tub*Vineyards*Sand Dunes

No image available

$53,530
$207
68%
433$200❌✅✅Y / Y⭐️ 5 (173)
Chalet By The Bay- a serene waterfront escape

No image available

$127,384
$745
46%
422$239❌❌❌Y / Y⭐️ 5 (51)
Summer Sand & Fun Beachfront Traverse City Cottage

No image available

$80,512
$388
56%
432$275❌❌❌Y / Y⭐️ 5 (23)
West Bayshore Retreat - Traverse City Michigan

No image available

$145,029
$576
68%
433$350❌✅❌Y / Y⭐️ 5 (21)
Leelanau 4/2. Close to Traverse City.

No image available

$82,384
$362
59%
422$250❌❌❌Y / Y⭐️ 5 (50)
Northern MI Escapes: House with Private Beach

No image available

$180,271
$729
67%
421$250✅❌❌Y / Y⭐️ 5 (99)
Winter Specials! Downtown | Lake Views! NEW 4BR

No image available

$96,898
$438
58%
442$299❌❌❌Y / Y⭐️ 5 (33)
OPEN ALL YEAR! Kayaks! PONTOON BOAT!

No image available

$67,696
$289
64%
422$0✅❌✅Y / Y⭐️ 5 (54)
*Location!* Center of Downtown TC! 4bd/3ba Condo

No image available

$65,075
$384
45%
432$275❌❌❌Y / Y⭐️ 5 (57)
Unique 4000SqFt:4BR Chef Kitchen/Sauna The Loft.

No image available

$87,199
$283
79%
422$300❌❌✅Y / Y⭐️ 5 (86)
Custom Built Home in Elmwood Township

No image available

$47,622
$300
39%
431$400❌❌❌Y / Y⭐️ 4.9 (48)
Amazing Northern family getaway ready to host you!

No image available

$55,245
$481
31%
422$250✅❌✅Y / Y⭐️ 5 (7)
West Bay Wanderlust

No image available

$112,335
$642
47%
42.55$350❌❌❌Y / Y⭐️ 5 (17)
Newly Renovated Sugar Loaf 4BR 4BA Condo w Pool

No image available

$58,169
$286
49%
441$250✅❌❌Y / Y⭐️ 4.8 (227)
Bay View - Private Dock on West Bay

No image available

$70,480
$377
49%
422$300❌❌❌Y / Y⭐️ 5 (33)
Vintage Vibes Duplex | Downtown | Beach | AC |

No image available

$41,053
$268
40%
421$250❌❌❌Y / Y⭐️ 4.5 (35)
Sugarloaf Condo B3

No image available

$54,341
$302
49%
442$150✅❌❌Y / Y⭐️ 5 (30)
OPEN ALL YEAR! Kayaks! PONTOON BOAT! Gameroom!

No image available

$56,364
$280
55%
422$0✅❌✅Y / Y⭐️ 5 (100)
NEW Slope Lodge Cabin

No image available

$78,020
$245
85%
42.51$300✅❌❌Y / Y⭐️ 5 (121)
Victoria Valley Chalet

No image available

$106,225
$398
72%
422$150❌❌❌Y / Y⭐️ 5 (131)
Rustic Modern Escape - West Bay Beachfront House

No image available

$217,727
$1,003
59%
42.52$375❌❌❌Y / Y⭐️ 5 (26)
Summer Haven

No image available

$59,999
$312
52%
422$150❌❌❌Y / Y⭐️ 4.5 (29)
Bayside Serenity with Hot Tub! Dog Friendly!

No image available

$89,466
$582
42%
432$0❌✅✅Y / Y⭐️ 5 (8)

Return Metrics

1.52% cash on cash return is a fair return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$3,238$6,476$9,714$12,952$16,190$32,380$97,142
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$8,601$17,734$27,430$37,724$48,652$114,278$700,480
Down Payment$175,120$175,120$175,120$175,120$175,120$175,120$175,120
Property Appreciation$26,268$53,324$81,191$109,895$139,460$301,133$1,249,711
Total Return$213,228$252,654$293,456$335,692$379,423$622,912$2,222,453

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

1.52%

Cap Rate

7.11%

Return on Investment

17.96%

property-location

6848 E Lake Bluffs Dr Traverse City, Michigan, 49684

4 bed • 3 bath • 12 guests

Est. $4,200/mo

Agent

Inquire about this property

Contact Agent

$875,600

Zestimate

25

Airbnb Investor Score

$3,238

Annual Profit

7.1%

Cap Rate

1.5%

Cash on Cash

$87,337

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
AirDNA projects $409/night at 43% occupancy ($64,235.46). Airbtics projects $427/night at 56% occupancy ($87,337).

Top 46% of comparables

Top 38% of comparables


Seasonality

Sign up to view the full seasonality chart

40

Airbnb Comparables

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

$88,723

Avg annual revenue

56%

Avg occupancy rate

$427

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

$40k

$100k

$155k

$220k

Sign up to see the data on 40 all comparables

$3,238

Profit

Revenue

$87,337

Operating Expenses

$25,034

Operating Income

$62,303

Mortgage & Taxes

$59,065

Profit (Cash Flow)

$3,238

$212,138

Cash Investment

Down Payment

$175,120

Renos & Furnishing

$10,750

Closing Costs

$26,268

Total

$212,138

DSCR Ratio

Acceptable

1.05

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

1.52%

Cap Rate

7.11%

Profit (Cummulative)

$3,238

$8,602

$10,750

$26,268

$0

Total Gain

$38,108

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

$41,557

Deductible property tax

$8,668

Your total deduction

$84,990

Your adjusted annual income

$150,000 - $84,990 = $65,010


Taxes on $65,010 (30%)

$19,503

Your old tax bill

$45,000

Your new tax bill

$19,503


Estimated tax savings

$25,497

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:

1.81 sqft

Year built:

2025

Size:

2,527 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Forced Air, Natural Gas, Fireplace(s)

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 2
  • Lot size: 1.81 sqft
  • Building area: 2,527 sqft
  • Garage: No
  • Heating: Forced air, natural gas, fireplace(s)
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air
  • View: -
  • Parking: None, Asphalt
  • Amenities: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Price per square foot: $346

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 010-700-021-00+
  • Flood Zone: No

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $430,000
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $875,300


Schools

  • Elementary School: Long Lake Elementary School with 5/10 star rating
  • Middle School: West Middle School with 6/10 star rating

🤩

Your free analysis is ready!

Sign in to view your property analysis

Your email address

By signing in, you agree to our Terms of Service