920 Michigan St Petoskey, Michigan
3 bed • 2 bath • 6 guests
Purchase Price
Est. $NaN/mo
$45,063
Annual Revenue
Median of 25 comps selected by Bill, creator of this analysis.
- Avg Daily Rate
- $383
- Occupancy
- 32%
$0k
$30k
$60k
$95k
$91,590 | $73,030 | $545 | 46% | 3 | 8 | 41 | 3 | 2 | $0 | ❌ | ❌ | ✅ | Yes / Yes | ❌ | ⭐️ 2.25 (9) | — | |
$83,830 | $68,121 | $544 | 42.2% | 3 | 8 | 52 | 6 | 1 | $200 | ❌ | ❌ | ❌ | Yes / Yes | ❌ | ⭐️ 4.98 (94) | Profile | |
$81,556 | $64,890 | $505 | 44.3% | 3 | 8 | 53 | 5 | 2 | $280 | ❌ | ✅ | ✅ | Yes / Yes | ❌ | ⭐️ 4.83 (120) | Profile | |
$77,902 | $40,188 | $396 | 53.9% | 3 | 8 | 74 | 5 | 1 | $100 | ❌ | ❌ | ✅ | Yes / Yes | ❌ | ⭐️ 4.84 (56) | Profile | |
$69,442 | $53,055 | $464 | 41% | 4 | 8 | 50 | 3 | 1 | $0 | ❌ | ❌ | ❌ | Yes / Yes | ❌ | ⭐️ 2.5 (36) | — |
Seasonality
Break-even
$4,419/mo
Avg profit / month
-$868/mo
Best profit month
Jul $4,528
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Cash on Cash Return
-8.05%
Cap Rate
4.34%