BNBCalc Short Term Rental Investment Analysis 8900 E Jefferson Ave, Detroit, MI 48214

1 bed • 1 bath • 3 guests • $1,200

BNB

Calc

Annual Revenue

$17,035

Profit (Cash Flow)

$1,059

Cap Rate

95.0%

Annual Revenue

$17,035

AirDNA projects $133/night at 59% occupancy ($28,660). Airbtics projects $106/night at 44% occupancy ($17,034). Airbtics predicts this property will perform in the 45% revenue percentile

BNB Calc projects a 44% occupancy rate, $106 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$14,164	$17,823	$21,615	$22,837
Occupancy	38%	46%	48%	53%
Nightly Rate	$86	$87	$102	$168

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Peaceful and Stylish Historic Apt with Peloton!	$22,183	$105	48%	1	1	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (111)
Beautiful, spacious and full of fun.	$9,428	$184	14%	1	2	1	$0	✅	❌	❌	Y / Y	⭐️ 4.8 (4)
Cozy & Charming Apartment in West Village	$18,777	$87	49%	1	1	1	$40	❌	❌	❌	Y / Y	⭐️ 4.8 (675)
The Kean Club - Historic apartment with parking	$20,539	$93	51%	1	1	1	$40	❌	❌	✅	Y / Y	⭐️ 4.8 (438)
Fisherman’s Paradise Waterfront	$28,727	$167	47%	1	2	2	$0	❌	❌	❌	N / N	⭐️ 5 (2)
East Grand Marrakesh	$21,974	$79	76%	1	1	1	$0	❌	❌	✅	Y / Y	⭐️ 4.8 (32)
Cozy & Modern Detroit Apartment with Parking	$13,820	$86	36%	1	1	1	$35	❌	❌	✅	N / Y	⭐️ 4.7 (314)
Quirky & Modern Flat in West Village with Parking	$16,869	$87	44%	1	1	1	$35	❌	❌	❌	N / Y	⭐️ 4.8 (425)
#15 Clean & Cozy 1BR near Downtown Detroit	$11,928	$86	34%	1	1	3	$55	✅	✅	❌	Y / Y	⭐️ 4.5 (41)
#19 1BR Gem near Downtown	$15,196	$86	45%	1	1	3	$55	❌	❌	❌	Y / Y	⭐️ 4.6 (52)

Return Metrics

23.4% 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)	$1,059	$2,118	$3,178	$4,237	$5,297	$10,594	$31,784
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$11	$24	$37	$51	$66	$156	$960
Down Payment	$240	$240	$240	$240	$240	$240	$240
Property Appreciation	$36	$73	$111	$150	$191	$412	$1,712
Total Return	$1,347	$2,456	$3,567	$4,680	$5,795	$11,404	$34,697

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

23.4%

Cap Rate

95.03%

Return on Investment

24.46%

8900 E Jefferson Ave Detroit, MI, 48214

1 bed • 1 bath • 3 guests

Purchase Price

Est. $6/mo

This property is for sale!

Contact Agent

Detroit

Guide

Zoning

Market

Guide

Laws

Market Data

871

Airbnb Investor Score

$1,059

Annual Profit

95.0%

Cap Rate

23.4%

Cash on Cash

$17,035

Annual Revenue

BNBCalc predicts this property will get $106 per night with 44% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 61% of comparables

Avg Daily Rate

Top 21% of comparables

Seasonality

10 Airbnb Comparables

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

$17,944

Avg annual revenue

44%

Avg occupancy rate

$106

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

$10k

$15k

$20k

$30k

$1,059

Profit

Revenue

$17,035

Operating Expenses

$15,895

Operating Income

$1,140

Mortgage & Taxes

$81

Profit (Cash Flow)

$1,059

$4,526

Cash Investment

Down Payment

$240

Renos & Furnishing

$4,250

Closing Costs

$36

Total

$4,526

DSCR Ratio

Strong

14.09

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

23.4%

Cap Rate

95.03%

Return on Investment

24.46%

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

$57

Deductible property tax

$12

Your total deduction

-$354

Your adjusted annual income

$150,000 - -$354 = $150,354

Taxes on $150,354 (30%)

$45,106

Your old tax bill

$45,000

Your new tax bill

$45,106

Estimated tax savings

-$106

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:

OTHER

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: Active

Property Use: OTHER

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: -