BNBCalc Short Term Rental Investment Analysis 70860 M 43

3 bed • 1 bath • 8 guests • $115,000

BNB

Calc

Annual Revenue

$34,187

Profit (Cash Flow)

$8,305

Cap Rate

14.0%

Annual Revenue

$34,187

AirDNA projects $180/night at 52% occupancy ($34,186). Airbtics projects $310/night at 56% occupancy ($63,406). Airbtics predicts this property will perform in the 44% revenue percentile

BNB Calc projects a 52% occupancy rate, $180 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$47,720	$63,752	$87,456	$122,971
Occupancy	50%	57%	61%	68%
Nightly Rate	$235	$270	$347	$445

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Dog Friendly \| Fire Pit \| Close to Lake	$53,094	$163	61%	3	2	1	$450	❌	❌	✅	Y / Y	⭐️ 4.8 (19)
Lake MI-1 mile \|1/2 mile to SoHa \| Hot tub	$160,937	$747	56%	3	2	2	$275	❌	✅	❌	Y / Y	⭐️ 5 (78)
Black Bear Lodge-Hot Tub and Game Room	$109,678	$351	80%	3	3	3	$225	❌	✅	❌	Y / Y	⭐️ 5 (83)
1955 Chris Craft Backyard! South Haven 3bd3bth	$56,322	$343	38%	3	3	2	$195	❌	❌	❌	Y / Y	⭐️ 5 (42)
PEARL HOUSE! Walk 2 Beach & Town!	$75,053	$281	72%	3	2	2	$220	❌	❌	❌	Y / Y	⭐️ 4.9 (27)
Great home available all year!	$50,804	$269	50%	3	2	4	$125	❌	❌	❌	Y / Y	⭐️ 4.9 (19)
Hazelwood: Central Location, Game Room	$63,328	$270	55%	3	3	2	$300	❌	❌	❌	Y / Y	⭐️ 5 (67)
Luxury home \| Heated Pool \| Clubhouse	$40,724	$189	40%	3	3	2	$400	✅	❌	❌	Y / Y	⭐️ 5 (11)
Modern Beach House	$111,459	$498	59%	3	3	2	$225	❌	❌	❌	Y / Y	⭐️ 5 (87)
Beautiful ranch on the ravine in South Haven!	$64,042	$277	57%	3	2	3	$300	❌	❌	❌	Y / Y	⭐️ 4.7 (53)
South Haven cottage, South Beach and Kids Corner!	$89,684	$366	63%	3	2	1	$220	❌	❌	✅	Y / Y	⭐️ 4.8 (49)
Charming Cottage, Prime Location, 3BR	$70,712	$252	62%	3	2	2	$300	❌	❌	✅	Y / Y	⭐️ 5 (31)
Vacay Verde - A Cozy Beach Cottage	$40,864	$226	43%	3	2	3	$190	❌	❌	❌	Y / Y	⭐️ 4.9 (24)
Spacious home near downtown and beach	$65,839	$244	59%	3	2	2	$350	❌	❌	❌	Y / Y	⭐️ 4.9 (61)
Upscale Modern Condo \| Hot Tub \| 2 Swimming Pools	$44,140	$181	50%	3	4	1	$380	✅	✅	❌	Y / Y	⭐️ 5 (11)

Return Metrics

23.93% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$8,305	$16,610	$24,915	$33,220	$41,525	$83,050	$249,150
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$92,000	$92,000	$92,000	$92,000	$92,000	$92,000	$92,000
Down Payment	$23,000	$23,000	$23,000	$23,000	$23,000	$23,000	$23,000
Property Appreciation	$3,450	$7,003	$10,663	$14,433	$18,316	$39,550	$164,135
Total Return	$126,755	$138,613	$150,578	$162,653	$174,841	$237,600	$528,285

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

23.93%

Cap Rate

13.96%

Return on Investment

37.13%

70860 M-43 South Haven Charter Township, Michigan, 49090-9760

3 bed • 1 bath • 8 guests

Purchase Price

Est. $552/mo

Inquire about this property

Contact Agent

$163,700

Zestimate

$34,187

Annual Revenue

This property is projected to be in the top 44% revenue percentile compared to similar properties nearby.
Projected nightly rate is $180/night at 52% occupancy.Projected nightly rate is $310/night at 56% occupancy.

Occupancy Rate

Top 74% of comparables

Avg Daily Rate

Top 88% of comparables

Seasonality

15 Airbnb Comparables

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

$73,112

Avg annual revenue

56%

Avg occupancy rate

$310

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

$80k

$120k

$160k

$8,305

Profit

Revenue

$34,187

Operating Expenses

$18,124

Operating Income

$16,063

Mortgage & Taxes

$7,758

Profit (Cash Flow)

$8,305

$34,700

Cash Investment

Down Payment

$23,000

Renos & Furnishing

$8,250

Closing Costs

$3,450

Total

$34,700

DSCR Ratio

Strong

2.07

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

23.93%

Cap Rate

13.96%

Return on Investment

37.13%

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

$5,458

Deductible property tax

$1,139

Your total deduction

$4,226

Your adjusted annual income

$150,000 - $4,226 = $145,774

Taxes on $145,774 (30%)

$43,732

Your old tax bill

$45,000

Your new tax bill

$43,732

Estimated tax savings

$1,268

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:

25,700 sqft

Year built:

1958

Size:

1,620 sqft

Type:

SFR

Parking:

Heating:

FORCED AIR

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
70386 M 43	2	1	904	-	1,406,988	1940	$155,000	-
70633 16th Ave	3	1	1,232	-	1,092,049	1958	$0	-
71090 M 43	3	1	1,248	-	87,120	1959	$132,500	28
13011 72nd St	3	2	1,509	-	130,680	1920	$246,500	39
11440 County Road 689	3	2	1,265	-	43,560	1952	$100,000	-
70907 M 43	2	1	1,338	-	47,480	1937	$215,000	66
11236 County Road 689	2	3	2,022	-	29,447	1955	$340,000	40
69570 M 43	3	2	1,364	-	740,520	1961	$0	-
69634 16th Ave	-	-	0	-	110,207	-	$169,750	516

Property Details

MLS Status: property-details-mls-status-sold

Property Use: Single Family Residence

Stories: 1

Lot size: 25,700 sqft

Building area: 1,620 sqft

Garage: No

Heating: Forced air

Pool: No

Fireplaces: 1

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: -

Land Use: Residential

Parcel Number: 80-17-024-061-01

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2020

Assessed Value: $73,900

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $205,934

Sale history

Date	Sale Price	% Financed	Buyer
12/07/23	$161,500	0%	Conner J Gohr, Holly Johnson
11/17/23	$1,000	0%	Robert Hicks Investments Llc
11/17/23	$1,000	0%	Robert Hicks Investments Llc
03/14/22	$190,000	98%	Conner J Gohr, Holly Johnson
09/30/21	$27,000	0%	Revival Homes Llc
09/20/21	$0	0%	Jon Wayne Isom, Jon W Isom
12/18/20	$5,000	0%	Jon Wayne Isom, Jon Holden Isom
01/27/14	$17,500	0%	Steve S Enders, Kimberly A Enders
08/02/13	$0	0%	Fannie Mae, Federal National Mortgage Associati
07/25/13	$51,651	0%	Green Tree Servicing Llc

Ownership

Name: Conner J Gohr

Owner Occupied: Yes

Owner Mailing Address: 70860 M 43, South Haven, Mi 49090

Years Owned: 27

Home Equity: -

Mortgage Balance Remaining: $186,558

Financed amount: -

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No