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BNBCalc Short Term Rental Investment Analysis 8200 E Jefferson Ave 140, Detroit, MI 48214

2 bed β€’ 2 bath β€’ 6 guests β€’ $175,000

BNB

Calc

Annual Revenue

$24,588

Profit (Cash Flow)

-$4,093

Cap Rate

4.4%

Annual Revenue

$24,588

AirDNA projects $162/night at 49% occupancy ($28,993). Airbtics projects $132/night at 51% occupancy ($24,588). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 51% occupancy rate, $132 rate per night.

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

Percentiles25%50%75%90%
Revenue$13,466$22,806$34,723$51,652
Occupancy37%52%63%67%
Nightly Rate$95$113$144$202

Seasonality (Profit by Month)

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Airbnb Comparables

Airbnb name
Revenue
Rate/night
Occupancy
Beds
Baths
Night
Cleaning
Pool
Tub
Pets
W/D
Reviews
2bd Apt in West Village - Eat, Drink, Be Merry!
$25,553
$106
63%
212$100❌❌❌Y / Y⭐️ 4.8 (156)
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$31,151
$178
45%
212$140❌❌❌Y / Y⭐️ 4.8 (88)
Cozy 2 bed|1ba apt in West Village w/parking
$34,627
$144
63%
212$100❌❌❌Y / Y⭐️ 4.8 (150)
Stunning Huge Vintage Loft Minutes From Downtown!
$19,333
$123
40%
212$130❌❌❌Y / Y⭐️ 4.8 (163)
Gorgeus One Of A Kind Loft Minutes From Downtown!
$22,871
$171
35%
212$135❌❌❌Y / Y⭐️ 4.8 (192)
Modern 2/1 Apt near the Villages | Free Parking
$22,940
$92
61%
211$100❌❌❌Y / Y⭐️ 5 (64)
Beautiful cozy 2bedroom getaway
$16,831
$97
44%
211$110❌❌❌Y / Y⭐️ 4.8 (28)
Cozy 2/1 Apt near the Villages | Free Parking
$19,662
$88
57%
212$100❌❌❌Y / Y⭐️ 4.9 (27)
Lovely two-bedroom relaxing private parking rental
$22,967
$98
60%
211$110❌❌❌Y / Y⭐️ 4.8 (50)
Opulent 2 Bedroom Getaway
$29,713
$128
59%
211$80βŒβŒβœ…Y / Y⭐️ 4.7 (45)
Cozy 2bd room townhome minutes to downtown Detroit
$27,234
$189
37%
232$150❌❌❌Y / Y⭐️ 5 (18)
Classic 2/1 Apt Near Villages | Free Parking
$31,014
$114
67%
212$100❌❌❌Y / Y⭐️ 5 (70)
Lovely 2/1 Apt near the Villages | Free Parking
$25,959
$107
61%
212$100❌❌❌Y / Y⭐️ 5 (79)
Detroit Inner City Savings 15 mins from Downtown.
$16,234
$72
60%
211$35❌❌❌N / N⭐️ 4.5 (19)
Design-Focused, Riverfront Loft Near Downtown
$61,854
$260
65%
211$0❌❌❌Y / Y⭐️ 4.8 (70)
Trendy 2/1 Apt near the Villages | Free Parking
$18,792
$98
48%
212$100❌❌❌Y / Y⭐️ 4.9 (51)
Spacious West Village 2bd/2ba apt|Min to Downtown
$28,435
$113
65%
222$110❌❌❌Y / Y⭐️ 4.8 (172)
Welcome to Inspire! The urban oasis in Detroit
$12,030
$142
22%
212$150❌❌❌Y / Y⭐️ 4.8 (32)
Historic 2/1 Apt near the Villages | Free Parking
$21,245
$86
62%
212$100❌❌❌Y / Y⭐️ 5 (61)
Charming 2/1 Mid-Century Apt
$34,092
$127
70%
212$100❌❌❌Y / Y⭐️ 4.7 (19)
Tranquil Haven Retreat
$19,233
$91
54%
211$80βŒβŒβœ…Y / Y⭐️ 4.7 (38)
Spacious, Stylish, Parking in Trendy West Village!
$20,493
$92
51%
2128$125❌❌❌Y / Y⭐️ 4.7 (6)
The Comfort Zone in West Village
$37,410
$102
99%
213$85❌❌❌Y / Y⭐️ 5 (20)
Central Location w Parking in Trendy West Village!
$20,349
$106
48%
212$125❌❌❌Y / Y⭐️ 5 (4)
Fisherman’s Paradise Waterfront
$43,589
$226
51%
222$50❌❌❌N / N⭐️ 4.9 (22)
Cozy Downtown Detroit Loft with Rustic Charm
$23,142
$96
61%
223$100❌❌❌Y / Y⭐️ 4.8 (116)
Comfy River View Condo
$14,160
$192
19%
232$150βœ…βŒβŒY / Y⭐️ 5 (5)
The Book House
$21,377
$66
86%
212$125βŒβŒβœ…N / N⭐️ 4 (1)
Cozy & Quiet Abode in West Village
$13,461
$135
26%
223$111βŒβŒβœ…Y / Y⭐️ 5 (7)
Luxury-Private Home on the Detroit River! 5 Star
$50,089
$346
30%
232$350❌❌❌Y / Y⭐️ 5 (12)
Modern Apt near Downtown | 2 BEDR + Free Parking
$28,663
$112
67%
212$99❌❌❌Y / Y⭐️ 4.9 (64)
Spacious NEW 2Bdrm home close to all w/ parking!
$19,398
$126
38%
211$125❌❌❌Y / Y⭐️ 4.8 (29)
Private Parking Garage Great Location 5min to DWNT
$15,789
$122
32%
211$125❌❌❌Y / Y⭐️ 4.8 (29)
Beautiful tower off the water
$6,733
$230
8%
211$0βŒβŒβœ…Y / Y⭐️ 0 (0)
The Belvidere Apartment In English Village Detroit
$22,237
$75
78%
222$55βŒβŒβœ…Y / Y⭐️ 4.7 (19)
5 star rated modern and spacious apartment-condo
$21,378
$146
33%
211$120❌❌❌N / N⭐️ 5 (9)
West Village Victorian Bungalow
$20,935
$88
65%
211$0βŒβŒβœ…N / Y⭐️ 4.9 (21)
New Listing! Urban Retreat In Islandview
$12,604
$84
41%
211$0❌❌❌Y / Y⭐️ 0 (0)
Belle Isle Retreat
$14,079
$133
28%
211$37βŒβŒβœ…N / N⭐️ 3.6 (5)
Downtown City View High Rise
$31,476
$200
43%
221$0βœ…βœ…βŒY / N⭐️ 5 (1)

Return Metrics

-8.75% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$4,093-$8,186-$12,279-$16,372-$20,465-$40,931-$122,795
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$1,719$3,544$5,482$7,539$9,723$22,839$140,000
Down Payment$35,000$35,000$35,000$35,000$35,000$35,000$35,000
Property Appreciation$5,250$10,657$16,227$21,964$27,872$60,185$249,770
Total Return$37,876$41,015$44,429$48,130$52,130$77,093$301,975

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-8.75%

Cap Rate

4.4%

Return on Investment

6.15%

property-location

8200 E Jefferson Ave 140 Detroit, MI, 48214

2 bed β€’ 2 bath β€’ 6 guests

Est. $839/mo

Agent

This property is for sale!

Contact Agent

Detroit

Guide

Zoning

Market

Guide


Laws


Market Data

-27

Airbnb Investor Score

-$4,093

Annual Profit

4.4%

Cap Rate

-8.8%

Cash on Cash

$24,588

Annual Revenue

BNBCalc predicts this property will get $132 per night with 51% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Top 53% of comparables

Top 33% of comparables


Seasonality

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40

Airbnb Comparables

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

$24,478

Avg annual revenue

51%

Avg occupancy rate

$132

Avg nightly rate


πŸŠβ€β™‚οΈ Pool
πŸ› Hot tub
🐢 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$5k

$25k

$45k

$65k

Sign up to see the data on 40 all comparables

-$4,093

Profit

Revenue

$24,588

Operating Expenses

$16,876

Operating Income

$7,712

Mortgage & Taxes

$11,805

Profit (Cash Flow)

-$4,093

$46,750

Cash Investment

Down Payment

$35,000

Renos & Furnishing

$6,500

Closing Costs

$5,250

Total

$46,750

DSCR Ratio

Weak

0.65

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-8.75%

Cap Rate

4.4%

Profit (Cummulative)

-$4,093

$1,719

$6,500

$5,250

$0

Total Gain

$2,876

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

$8,306

Deductible property tax

$1,732

Your total deduction

$22,327

Your adjusted annual income

$150,000 - $22,327 = $127,673


Taxes on $127,673 (30%)

$38,302

Your old tax bill

$45,000

Your new tax bill

$38,302


Estimated tax savings

$6,698

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:

-

Year built:

-

Size:

-

Type:

MFR

Parking:

-

Heating:

-

Sold Comparables


Property Details

  • MLS Status: Active
  • Property Use: MFR
  • Stories: -
  • Lot size: -
  • Building area: -
  • Garage: No
  • Heating:
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: -