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BNBCalc Short Term Rental Investment Analysis 7316 Edlane Road, Clay Township, MI

4 bed • 3 bath • 12 guests • $301,200

BNB

Calc

Annual Revenue

$64,692

Profit (Cash Flow)

$39,620

Cap Rate

14.1%

Annual Revenue

$64,692

AirDNA projects $300/night at 33% occupancy ($36,159). Airbtics projects $328/night at 54% occupancy ($64,692). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 54% occupancy rate, $328 rate per night.

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

Percentiles25%50%75%90%
Revenue$31,672$57,431$100,960$149,813
Occupancy41%50%64%77%
Nightly Rate$207$307$421$518

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
Lake Front home w/ Hot Tub, Kayaks & Fire Pit

No image available

$115,145
$513
60%
43.51$249✅✅✅Y / Y⭐️ 5 (90)
Ice Fish, Gather, Relax! 9 Beds*2 Living Rooms*

No image available

$58,517
$280
56%
42.51$125❌❌❌Y / Y⭐️ 5 (37)
Inglewood Haven + toys

No image available

$60,174
$401
41%
424$150❌❌❌Y / Y⭐️ 5 (19)
Beautiful home on Lake St Clair!

No image available

$88,234
$418
53%
444$275❌❌✅Y / Y⭐️ 5 (21)
Cabana Sunset House on Lake St. Clair/ Kayaks

No image available

$110,957
$572
53%
442$0❌❌❌Y / Y⭐️ 5 (11)
Lake St Clair House! Canal Boat Space/Double Lot

No image available

$22,402
$113
48%
411$150❌❌❌Y / Y⭐️ 5 (69)
The Lake house

No image available

$88,498
$319
74%
421$175❌❌✅Y / Y⭐️ 5 (81)
Cozy Canal Cottage - Minutes to Lake St. Clair

No image available

$42,344
$245
46%
422$200✅❌✅Y / Y⭐️ 5 (69)
As Ships Go By

No image available

$59,487
$244
66%
41.52$100❌❌❌Y / Y⭐️ 5 (61)
Easy Stay in Anchor Bay - Gym | Theater | Sleeps12

No image available

$54,818
$225
64%
43.53$250❌❌✅Y / Y⭐️ 5 (27)
Family Holiday Getaway: Hot Tub & Freighter Views

No image available

$70,025
$449
41%
423$200❌✅✅Y / Y⭐️ 5 (38)
Charming Lakefront Vacation Rental

No image available

$85,199
$267
85%
423$125❌❌❌Y / Y⭐️ 5 (85)
The Honeycomb Hideout

No image available

$38,972
$121
88%
422$0❌❌❌Y / Y⭐️ 5 (17)
Victorian By The River-Duplex 2 units

No image available

$31,935
$178
46%
421$225❌❌❌Y / N⭐️ 4.5 (10)
4/2 Clean 15 Min Detroit Wi-Fi Updated 20 to Airpt

No image available

$35,857
$152
62%
423$125❌❌❌Y / Y⭐️ 5 (216)
The Mallards Nest

No image available

$30,119
$211
39%
42.52$0❌❌❌N / N⭐️ 0 (1)
comfy and cozy 4 bedroom home sleeps 10

No image available

$31,034
$145
49%
421$170❌❌✅Y / Y⭐️ 4 (23)
The Harsens Retreat

No image available

$64,663
$424
39%
44.51$250✅✅❌Y / Y⭐️ 4.5 (11)
Lake house vacation

No image available

$109,009
$396
74%
425$100❌❌✅Y / Y⭐️ 4.8 (7)
The Boathouse & The Landing

No image available

$115,677
$464
60%
43.53$360❌❌❌Y / Y⭐️ 0 (1)
Clay Township Large Lake House

No image available

$68,511
$400
43%
432$150❌❌✅Y / Y⭐️ 4.8 (6)
4 TVs | Bar/Game Room | BBQ | Large Driveway

No image available

$38,823
$127
74%
421$175❌❌❌Y / Y⭐️ 5 (37)
Large Downtown St. Clair Home

No image available

$45,489
$206
59%
432$120❌❌❌Y / Y⭐️ 5 (10)
Riverfront home 4 Beds/2 baths

No image available

$57,103
$516
30%
422$150❌❌❌Y / Y⭐️ 5 (10)
Freighter watching and winter fun in Marine City

No image available

$27,376
$220
34%
42.53$0❌❌❌Y / Y⭐️ 5 (7)
Fisherman’s Delight on Lake St Clair

No image available

$76,021
$423
47%
423$111❌✅✅Y / Y⭐️ 5 (17)
Relaxing Ranch on the Mainland

No image available

$49,107
$169
79%
41.53$100❌❌❌Y / Y⭐️ 5 (36)
Skula's Lily Pad on Harsens Island

No image available

$85,525
$295
77%
423$150❌❌✅Y / Y⭐️ 5 (14)
NEW! 4BR | Indoor Pool on the Bay in Boat Town USA

No image available

$103,146
$671
42%
431$0✅❌✅Y / Y⭐️ 5 (14)
4 Bed, 2 Bath, Upper Flat

No image available

$70,024
$381
50%
421$75❌❌❌Y / Y⭐️ 0 (1)
Susan’s Lucky Ducks River House

No image available

$63,546
$399
43%
433$250❌❌❌Y / Y⭐️ 5 (45)
South Channel Inn

No image available

$31,038
$212
40%
421$0❌❌❌Y / Y⭐️ 5 (5)
Benn Cottage Rentals Mitchell’s Bay

No image available

$39,015
$164
65%
412$0❌❌✅N / N⭐️ 5 (7)
Manse Island: A Luxury Home for Family Gatherings

No image available

$75,762
$414
50%
431$0✅❌✅Y / Y⭐️ 5 (8)
Spacious Ranch with 4BR/2BA – Prime Location

No image available

$43,212
$328
36%
421$0❌❌✅Y / Y⭐️ 0 (0)
Palatial newly renovated home W/ pool

No image available

$62,621
$164
100%
421$220✅❌✅Y / Y⭐️ 4.2 (4)

Return Metrics

19.76% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$39,620$79,240$118,860$158,480$198,100$396,201$1,188,605
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$120,479$120,479$120,479$120,479$120,479$120,479$120,479
Down Payment$180,720$180,720$180,720$180,720$180,720$180,720$180,720
Property Appreciation$9,036$18,343$27,929$37,803$47,973$103,587$429,891
Total Return$349,856$398,783$447,989$497,483$547,274$800,989$1,919,696

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

19.76%

Cap Rate

14.14%

Return on Investment

24.87%

property-location

7316 Edlane Rd Michigan, 48001

4 bed • 3 bath • 12 guests

Est. $1,445/mo

Agent

Inquire about this property

Contact Agent

$301,200

Zestimate

153

Airbnb Investor Score

$30,001

Annual Profit

14.1%

Cap Rate

19.8%

Cash on Cash

$64,692

Annual Revenue

This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $300/night at 33% occupancy.Projected nightly rate is $328/night at 54% occupancy.

Top 46% of comparables

Top 46% of comparables


Seasonality

Sign up to view the full seasonality chart

38

Airbnb Comparables

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

$62,041

Avg annual revenue

54%

Avg occupancy rate

$328

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

$20k

$50k

$85k

$115k

Sign up to see the data on 38 all comparables

$39,620

Profit

Revenue

$64,692

Operating Expenses

$22,090

Operating Income

$42,602

Mortgage & Taxes

$2,982

Profit (Cash Flow)

$39,620

$191,470

Cash Investment

Down Payment

$180,720

Renos & Furnishing

$10,750

Total

$191,470

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

19.76%

Cap Rate

14.14%

Profit (Cummulative)

$39,620

$120,480

$10,750

$9,036

$0

Total Gain

$49,880

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

$8,355

Deductible property tax

$2,982

Your total deduction

$3,099

Your adjusted annual income

$150,000 - $3,099 = $146,901


Taxes on $146,901 (30%)

$44,070

Your old tax bill

$45,000

Your new tax bill

$44,070


Estimated tax savings

$930

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:

7,405 sqft

Year built:

1988

Size:

1,806 sqft

Type:

SINGLE_FAMILY

Parking:

2

Heating:

Forced Air, Natural Gas

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 2
  • Lot size: 7,405 sqft
  • Building area: 1,806 sqft
  • Garage: Yes
  • Heating: Forced air, natural gas
  • Pool: No
  • Fireplaces: -
  • Basement: Yes
  • Cooling: Central Air, Wall/Window Unit(s)
  • View: Canal
  • Parking: Garage
  • Amenities: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Price per square foot: $166

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 74143520017000
  • Flood Zone: Yes, Zone High risk: Special Flood Hazard Area (SFHA), high flood risk

Tax Info

  • Year Assessed: 2024
  • Assessed Value: $245,400
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $301,200


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