8705 W River Ranch Bnd Baldwin, MI, 49304
3 bed • 2 bath • 9 guests
Est. $21,584/mo

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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
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$44,615
Avg annual revenue
54%
Avg occupancy rate
$219
Avg nightly rate
Any type
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Revenue per year
$15k
$35k
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$85k
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-$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
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-25.56%
Cap Rate
0.81%
STR Tax Calculator (USA)
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
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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