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BNBCalc Short Term Rental Investment Analysis 8705 W River Ranch Bnd, Baldwin, MI, 49304

3 bed • 2 bath • 9 guests • $4,500,000

BNB

Calc

Annual Revenue

$57,986

Profit (Cash Flow)

-$266,788

Cap Rate

0.8%

Annual Revenue

$57,986

AirDNA projects $174/night at 63% occupancy ($40,038). Airbtics projects $219/night at 54% occupancy ($43,193). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 54% occupancy rate, $294 rate per night.

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

Percentiles25%50%75%90%
Revenue$23,330$47,680$67,408$91,247
Occupancy38%60%67%75%
Nightly Rate$162$212$266$321

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
Fish & Kayak the Pere Marquette River from this

No image available

$53,313
$188
73%
321$165❌❌❌Y / Y⭐️ 4.8 (10)
Great place to Fish, Kayak, and Canoe the Pere

No image available

$28,164
$152
42%
321$165❌❌❌Y / Y⭐️ 4.6 (10)
Private Adult Themed Cabin w/ Hot Tub

No image available

$82,194
$237
92%
322$149❌✅❌Y / Y⭐️ 5 (79)
Riverside Retreat: Beautiful Views & Pet Friendly

No image available

$42,879
$163
67%
311$100❌❌✅Y / Y⭐️ 5 (57)
Old fashion Cabin, recently updated - On River

No image available

$59,174
$205
78%
31.52$129❌❌❌Y / Y⭐️ 5 (35)
Idle-in-the-Wild Cabin -HOT TUB- Ultimate secluded

No image available

$26,960
$100
66%
312$125❌✅✅N / N⭐️ 5 (86)
Michigan Log Cabin w/ Pere Marquette River Views

No image available

$72,944
$311
61%
312$143❌❌❌N / Y⭐️ 5 (22)
Camp Bushwhack'd-13 acres in Manistee Nat'l Forest

No image available

$38,504
$153
67%
312$135❌❌✅Y / Y⭐️ 5 (34)
Relaxing getaway on the Pere Marquette river!

No image available

$43,216
$160
71%
322$125❌❌✅Y / Y⭐️ 5 (105)
Government Lake Cottage -Hot Tub & Kayaks!

No image available

$46,390
$169
75%
322$0❌✅✅Y / Y⭐️ 5 (32)
Brand New Cozy Cabin

No image available

$26,364
$194
36%
332$200❌❌❌Y / Y⭐️ 5 (30)
Grandma's House near Ludington and PM River

No image available

$25,909
$135
50%
311$100❌❌❌Y / Y⭐️ 5 (38)
Riverside, gorgeous and private Pine River Retreat

No image available

$48,016
$215
60%
323$100❌❌❌Y / Y⭐️ 5 (37)
Surrounded by the river! West of Baldwin Michigan

No image available

$53,011
$188
74%
322$125❌❌✅Y / Y⭐️ 5 (31)
The River House

No image available

$41,366
$230
48%
31.52$100❌❌❌Y / Y⭐️ 5 (23)
Riverview Cabin

No image available

$79,352
$327
66%
323$150❌❌✅Y / Y⭐️ 5 (62)
Recently Constructed, Secluded, Little O Cabin

No image available

$37,363
$134
75%
312$80❌❌❌Y / Y⭐️ 5 (78)
Black Bear Cottage-Hot Tub/Pet Friendly/Lakefront

No image available

$58,348
$223
70%
322$125❌✅✅Y / Y⭐️ 5 (169)
Rainbow Lake Luxury Beachfront Oasis with Hot Tub!

No image available

$40,406
$276
40%
32.530$0❌✅❌Y / Y⭐️ 5 (66)
Pere Marquette River 72nd Street House

No image available

$30,959
$132
61%
322$100❌❌❌N / N⭐️ 5 (8)
Great Grandma's House near Ludington

No image available

$42,113
$157
71%
31.51$100❌❌❌Y / Y⭐️ 5 (126)
Nichols Lake Sunset Cottage

No image available

$55,741
$199
75%
322$145❌❌✅Y / Y⭐️ 5 (56)
Welcome to River's Edge, True Serenity

No image available

$38,155
$294
35%
312$150❌❌✅Y / Y⭐️ 5 (111)
The Grand Daddy Cabin

No image available

$50,486
$209
66%
301$0❌❌✅N / Y⭐️ 0 (0)
Lone Pine Lodge, sleeps 8, Big Star Lake

No image available

$76,617
$321
60%
32.54$250❌❌❌Y / Y⭐️ 5 (16)
Sportsmen's retreat on the Baldwin River

No image available

$31,346
$214
39%
311$75❌❌✅Y / N⭐️ 5 (35)
Clay Woodland Cottage bed & breakfast

No image available

$21,867
$133
40%
312$150❌❌✅Y / Y⭐️ 5 (28)
Perfect Getaway! Modern Secluded 3BR/2 bath cabin

No image available

$34,678
$254
36%
322$150❌❌✅Y / Y⭐️ 5 (49)
All Season Adventure

No image available

$16,091
$126
32%
312$100❌❌✅Y / Y⭐️ 5 (13)
RIVERfront Pickleball-Pets-patio- Basketball-kayak

No image available

$81,066
$324
65%
322$300❌❌✅Y / Y⭐️ 5 (34)
3 BR CABIN near Manistee & Ludington, Dog friendly

No image available

$51,492
$243
57%
312$60❌❌✅N / Y⭐️ 5 (47)
The Aqua Dock on Harper Lake

No image available

$47,038
$306
42%
312$0❌❌❌Y / Y⭐️ 5 (196)
Big Bear Inn. Cozy lakefront cottage sleeps 8+

No image available

$79,377
$333
64%
31.52$200❌❌✅Y / Y⭐️ 5 (38)
Quiet 3 bedroom get away on the water

No image available

$26,431
$186
36%
322$125❌❌✅Y / Y⭐️ 5 (35)
Pere Marquette Lumberjack Cabin

No image available

$31,655
$215
40%
311$20❌❌❌N / Y⭐️ 5 (131)
Pet Friendly/Lake Front Ludington/Baldwin/Manistee

No image available

$29,186
$210
34%
322$185❌❌✅Y / Y⭐️ 4.5 (46)
Lakefront Baldwin Cottage w/ Deck & Private Beach!

No image available

$45,109
$355
32%
322$155❌❌❌Y / Y⭐️ 0 (0)
Idlewild Beauty

No image available

$38,895
$258
38%
332$125❌❌✅Y / Y⭐️ 5 (9)

Return Metrics

-25.56% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$266,787-$533,575-$800,363-$1,067,151-$1,333,939-$2,667,878-$8,003,636
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$3,600,000$3,600,000$3,600,000$3,600,000$3,600,000$3,600,000$3,600,000
Down Payment$900,000$900,000$900,000$900,000$900,000$900,000$900,000
Property Appreciation$135,000$274,050$417,271$564,789$716,733$1,547,623$6,422,681
Total Return$4,368,212$4,240,474$4,116,907$3,997,638$3,882,793$3,379,744$2,919,044

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-25.56%

Cap Rate

0.81%

Return on Investment

-8.39%

property-location

8705 W River Ranch Bnd Baldwin, MI, 49304

3 bed • 2 bath • 9 guests

Est. $21,584/mo

Agent

Inquire about this property

Contact Agent

-104

Airbnb Investor Score

-$266,787

Annual Profit

0.8%

Cap Rate

-25.6%

Cash on Cash

$57,986

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $174/night at 63% occupancy.Projected nightly rate is $219/night at 54% occupancy.

Top 53% of comparables

Top 18% 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.

$44,615

Avg annual revenue

54%

Avg occupancy rate

$219

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

$15k

$35k

$60k

$85k

Sign up to see the data on 40 all comparables

-$266,788

Profit

Revenue

$57,986

Operating Expenses

$21,218

Operating Income

$36,768

Mortgage & Taxes

$303,556

Profit (Cash Flow)

-$266,788

$1,043,500

Cash Investment

Down Payment

$900,000

Renos & Furnishing

$8,500

Closing Costs

$135,000

Total

$1,043,500

DSCR Ratio

Weak

0.12

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

-25.56%

Cap Rate

0.81%

Profit (Cummulative)

-$266,788

$3,600,000

$8,500

$135,000

$0

Total Gain

-$87,579

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

$213,575

Deductible property tax

$44,550

Your total deduction

$713,768

Your adjusted annual income

$150,000 - $713,768 = -$563,768


Taxes on -$563,768 (30%)

-$169,130

Your old tax bill

$45,000

Your new tax bill

-$169,130


Estimated tax savings

$214,130

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:

5.39 sqft

Year built:

1980

Size:

1,716 sqft

Type:

SINGLE_FAMILY

Parking:

-

Heating:

Forced Air, Propane, Fireplace(s)

Sold Comparables


Property Details

  • MLS Status: N/A
  • Property Use: SINGLE_FAMILY
  • Stories: 1
  • Lot size: 5.39 sqft
  • Building area: 1,716 sqft
  • Garage: No
  • Heating: Forced air, propane, fireplace(s)
  • Pool: No
  • Fireplaces: -
  • Basement: No
  • Cooling: -
  • View: Water
  • Parking: None, Dirt, Shared Driveway
  • Amenities: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Propane Water Heater
  • Price per square foot: $437

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: 43-12-027-008-00
  • Flood Zone: No

Tax Info

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


Schools

  • Elementary School: Baldwin Elementary School with 4/10 star rating
  • Middle School: Baldwin Junior High School with 3/10 star rating
  • High School: Baldwin Senior High School with 3/10 star rating