991 Cross Creek Ln Petoskey, Michigan
3 bed • 3 bath • 6 guests
Purchase Price
Est. $NaN/mo
$37,333
Annual Revenue
Median of 25 comps selected by Bill, creator of this analysis.
- Avg Daily Rate
- $388
- Occupancy
- 26%
$5k
$30k
$60k
$90k
$91,062 | $50,041 | $553 | 45.1% | 3 | 7 | 50 | 4 | 2 | $0 | ❌ | ❌ | ✅ | Yes / Yes | ❌ | ⭐️ 5 (40) | Profile | |
$90,469 | $73,030 | $545 | 45.5% | 3 | 8 | 41 | 3 | 2 | $0 | ❌ | ❌ | ✅ | Yes / Yes | ❌ | ⭐️ 2.25 (9) | — | |
$82,742 | $68,121 | $544 | 41.7% | 3 | 8 | 52 | 6 | 1 | $200 | ❌ | ❌ | ❌ | Yes / Yes | ❌ | ⭐️ 4.98 (94) | Profile | |
$80,521 | $64,890 | $505 | 43.7% | 3 | 8 | 53 | 5 | 2 | $280 | ❌ | ✅ | ✅ | Yes / Yes | ❌ | ⭐️ 4.83 (120) | Profile | |
$76,712 | $40,188 | $396 | 53.1% | 3 | 8 | 74 | 5 | 1 | $100 | ❌ | ❌ | ✅ | Yes / Yes | ❌ | ⭐️ 4.84 (56) | Profile |
Seasonality
Break-even
$4,654/mo
Avg profit / month
-$1,637/mo
Best profit month
Jul $2,947
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
3%
Cash on Cash Return
-14.16%
Cap Rate
2.8%