BNBCalc Short Term Rental Investment Analysis W Free Soil Rd, , MI, 49411

2 bed • 1 bath • 5 guests • $250,000

BNB

Calc

Annual Revenue

$47,971

Profit (Cash Flow)

$25,580

Cap Rate

11.2%

Annual Revenue

$47,971

AirDNA projects $154/night at 46% occupancy ($25,873). Airbtics projects $178/night at 56% occupancy ($36,407). Airbtics predicts this property will perform in the 49% revenue percentile

BNB Calc projects a 66% occupancy rate, $199 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$21,511	$32,968	$49,836	$76,469
Occupancy	43%	56%	66%	76%
Nightly Rate	$132	$155	$199	$265

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
AFrame-Hamlin Lake-NO FEES! HotTub-FirePit-Kayaks!	$48,151	$299	44%	2	1	2	$0	❌	✅	✅	Y / Y	⭐️ 5 (144)
Stylish Cottage on 80 acres of Private Woodland	$30,685	$202	37%	2	1	4	$90	❌	❌	❌	Y / Y	⭐️ 4.5 (22)
Hidden Gem	$24,717	$96	68%	2	2	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (232)
Private Hot Tub Outdoor TV Near Downtown & Beaches	$35,428	$170	55%	2	1	2	$150	❌	✅	❌	Y / Y	⭐️ 5 (64)
Water view, Lake Michigan Oasis	$49,202	$199	66%	2	2.5	2	$125	❌	❌	❌	Y / Y	⭐️ 5 (150)
Cozy Cabin, Big Sable River Front, 45m to Caberfae	$51,064	$218	64%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (23)
Beautiful Historic Building on Manistee River Walk	$29,619	$103	76%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (256)
2 Bedroom River Front Condo	$37,564	$230	43%	2	1	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (36)
Beautiful Beaches/Harborview/Outdoor Pool/Hot Tub	$71,908	$254	74%	2	2	1	$150	✅	✅	❌	Y / Y	⭐️ 5 (93)
TWO ROOM CABIN 7, two double beds, fire pit	$30,882	$102	82%	2	1	1	$10	❌	❌	❌	N / Y	⭐️ 5 (101)
TINY Dog Friendly CABIN, 2 beds, fire pit	$23,282	$80	79%	2	1	1	$10	❌	❌	✅	N / Y	⭐️ 5 (120)
Downtown Victorian-Walk to Downtown, Private yard	$48,166	$148	84%	2	2	2	$205	❌	❌	✅	Y / Y	⭐️ 5 (290)
Cozy Private Lakeside Cottage	$37,220	$133	73%	2	1	1	$60	❌	❌	❌	Y / Y	⭐️ 5 (52)
Industrial Suite 2 bed 1 bath Cabin	$30,326	$116	67%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (184)
Little Manistee River Cabin	$19,582	$123	41%	2	1	2	$75	❌	❌	✅	N / Y	⭐️ 4.5 (162)
Water Raft Trail + AC - North Star by Janix Escape	$16,881	$146	30%	2	1	1	$50	❌	❌	✅	N / N	⭐️ 4.5 (18)
Near Crystal Mountain/ Tippy Dam/& Hiking Trails	$22,893	$104	55%	2	1	1	$89	❌	❌	❌	Y / Y	⭐️ 5 (49)
Reeds On Bar Lake	$61,212	$262	62%	2	1	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (58)
Wilderness Lodge	$28,487	$159	47%	2	1	2	$80	❌	❌	✅	Y / Y	⭐️ 5 (23)
A-Frame Cabin \| Near Hamlin Lake \| Pet Friendly	$35,395	$145	65%	2	1	3	$125	❌	❌	✅	Y / Y	⭐️ 5 (18)
Little Pink House	$20,651	$132	42%	2	1	1	$100	❌	❌	✅	Y / Y	⭐️ 5 (10)
Coastal Haven	$40,496	$186	59%	2	1	2	$55	❌	❌	❌	N / Y	⭐️ 5 (17)
2 bedroom Downtown Condo on the Channel	$42,334	$196	57%	2	2	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (10)
Old Mill Cabin	$73,225	$247	81%	2	1	2	$0	❌	❌	✅	N / N	⭐️ 5 (115)
P. M. Lake Lodge	$29,265	$197	37%	2	2	1	$125	❌	❌	✅	N / Y	⭐️ 5 (117)
Lake Front Cottage With Dock/Hot Tub/Kayaks	$43,723	$305	34%	2	1.5	3	$160	❌	✅	❌	Y / Y	⭐️ 5 (34)
Cozy 2 bedroom cottage, lakefront private beach	$31,244	$141	57%	2	1	1	$99	❌	❌	✅	N / N	⭐️ 5 (110)
Bright Lower-Level Unit ~ 1 Mi to Lake Michigan	$34,958	$157	59%	2	2	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (52)
Hideaway Cabin. Relax and enjoy	$17,501	$112	41%	2	1	2	$63	❌	❌	❌	Y / Y	⭐️ 5 (126)
'Rainbow Lodge' at Scenic Double J River Camp	$92,092	$467	53%	2	2	3	$171	❌	❌	❌	Y / Y	⭐️ 5 (50)
'Steelhead Lodge' - Double J River Camp	$73,638	$364	54%	2	1	3	$171	❌	❌	❌	Y / Y	⭐️ 5 (35)
Winter Wonderland - Ridge Top Cabin at Aim High	$18,645	$132	37%	2	1	2	$50	❌	❌	✅	N / Y	⭐️ 5 (37)
Dreams & Streams Cottage Relax and Recharge	$21,846	$127	47%	2	1	2	$0	❌	❌	❌	Y / Y	⭐️ 5 (75)
Endless Fun w/ indoor/outdoor Pools, Fitness	$27,558	$134	43%	2	2	1	$180	✅	❌	❌	Y / Y	⭐️ 4.2 (12)
Fancy Homes Manistee B with Lake View!	$27,800	$135	52%	2	1	1	$120	❌	❌	✅	N / Y	⭐️ 5 (46)
Luxe Manistee Condo w/ Balcony & River Views!	$41,073	$170	62%	2	2	2	$165	❌	❌	❌	Y / Y	⭐️ 5 (32)
Mitten Flats #5 - 1 Block to the beach!	$36,741	$144	66%	2	2	2	$125	❌	❌	✅	N / N	⭐️ 4.5 (16)
Renovated Cabin W/ AC - South Star by Janix Escape	$16,322	$154	28%	2	1	1	$50	❌	❌	✅	N / N	⭐️ 4.5 (14)
Lakeshore BnB• FABULOUS!	$37,200	$186	54%	2	1	2	$60	❌	❌	❌	N / Y	⭐️ 5 (220)
Cabin on the river Pere Marquette river cottage	$43,417	$172	68%	2	1	3	$100	❌	❌	❌	N / Y	⭐️ 5 (44)

Return Metrics

40.12% 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)	$25,579	$51,159	$76,739	$102,319	$127,899	$255,798	$767,396
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$200,000	$200,000	$200,000	$200,000	$200,000	$200,000	$200,000
Down Payment	$50,000	$50,000	$50,000	$50,000	$50,000	$50,000	$50,000
Property Appreciation	$7,500	$15,225	$23,181	$31,377	$39,818	$85,979	$356,815
Total Return	$283,079	$316,384	$349,921	$383,696	$417,718	$591,778	$1,374,212

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

40.12%

Cap Rate

11.22%

Return on Investment

55.74%

W Free Soil Rd Free Soil, Michigan, 49411

2 bed • 1 bath • 5 guests

Purchase Price

Est. $1,199/mo

Inquire about this property

Contact Agent

166

Airbnb Investor Score

$11,190

Annual Profit

11.2%

Cap Rate

40.1%

Cash on Cash

$47,971

Annual Revenue

BNBCalc predicts this property will get $178 per night with 56% occupancy, putting it in the top 49% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 28% of comparables

Avg Daily Rate

Top 26% of comparables

Seasonality

40 Airbnb Comparables

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

$37,559

Avg annual revenue

56%

Avg occupancy rate

$178

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

$40k

$65k

$95k

$25,580

Profit

Revenue

$47,971

Operating Expenses

$19,916

Operating Income

$28,055

Mortgage & Taxes

$2,475

Profit (Cash Flow)

$25,580

$63,750

Cash Investment

Down Payment

$50,000

Renos & Furnishing

$6,250

Closing Costs

$7,500

Total

$63,750

DSCR Ratio

Strong

1.66

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

40.12%

Cap Rate

11.22%

Return on Investment

55.74%

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

$11,865

Deductible property tax

$2,475

Your total deduction

$14,439

Your adjusted annual income

$150,000 - $14,439 = $135,561

Taxes on $135,561 (30%)

$40,668

Your old tax bill

$45,000

Your new tax bill

$40,668

Estimated tax savings

$4,332

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:

2.5 sqft

Year built:

Size:

Type:

LOT

Parking:

Heating:

Sold Comparables

Property Details

MLS Status: N/A

Property Use: LOT

Stories: -

Lot size: 2.5 sqft

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: 00600700400

Flood Zone: No

Tax Info

Year Assessed:

Assessed Value: $2,969

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Schools

Middle School: Mason County Central M.S. with 5/10 star rating