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

2 bed • 1 bath • 6 guests • $250,000

BNB

Calc

Annual Revenue

$50,221

Profit (Cash Flow)

$13,148

Cap Rate

12.0%

Annual Revenue

$50,221

AirDNA projects $154/night at 39% occupancy ($21,936). Airbtics projects $170/night at 55% occupancy ($34,150). Airbtics predicts this property will perform in the 46% revenue percentile

BNB Calc projects a 55% occupancy rate, $250 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$21,674	$32,375	$51,060	$73,581
Occupancy	43%	55%	66%	78%
Nightly Rate	$132	$154	$204	$249

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Cabin on Big Sable River, near Manistee w/kayaks	$44,886	$219	56%	2	1	2	$0	❌	❌	✅	Y / Y	⭐️ 5 (23)
AFrame-Hamlin Lake-NO FEES! HotTub-FirePit-Kayaks!	$50,068	$304	45%	2	1	2	$0	❌	✅	✅	Y / Y	⭐️ 5 (145)
Stylish Cottage on 80 acres of Private Woodland	$31,099	$210	36%	2	1	4	$90	❌	❌	❌	Y / Y	⭐️ 4.5 (22)
Hidden Gem	$25,085	$98	67%	2	2	2	$75	❌	❌	❌	Y / Y	⭐️ 5 (240)
Private Hot Tub Outdoor TV Near Downtown & Beaches	$35,830	$169	55%	2	1	2	$150	❌	✅	❌	Y / Y	⭐️ 5 (71)
Water view, Lake Michigan Oasis	$46,558	$187	66%	2	2.5	2	$125	✅	❌	❌	Y / Y	⭐️ 5 (153)
Beautiful Historic Building on Manistee River Walk	$30,412	$110	73%	2	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (267)
Coastal Haven	$45,714	$187	66%	2	1	2	$55	❌	❌	❌	N / Y	⭐️ 5 (17)
2 Bedroom River Front Condo	$31,695	$203	41%	2	1	3	$125	❌	❌	❌	Y / Y	⭐️ 5 (38)
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	$24,150	$83	79%	2	1	1	$10	❌	❌	✅	N / Y	⭐️ 5 (120)
Downtown Victorian-Walk to Beach, Private yard	$45,627	$146	80%	2	2	2	$205	❌	❌	✅	Y / Y	⭐️ 5 (299)
Industrial Suite 2 bed 1 bath Cabin	$27,329	$112	63%	2	1	2	$75	❌	❌	❌	N / Y	⭐️ 5 (188)
Little Manistee River Cabin	$18,235	$123	38%	2	1	2	$75	❌	❌	✅	N / Y	⭐️ 4.5 (163)
Near Tippy Dam/Hiking Trails & Crystal Mountain .	$24,196	$110	55%	2	1	1	$89	❌	❌	✅	Y / Y	⭐️ 5 (54)
Wilderness Lodge	$28,750	$161	47%	2	1	2	$80	❌	❌	✅	Y / Y	⭐️ 5 (25)
Cozy Private Lakeside Cottage	$38,786	$131	78%	2	1	1	$60	❌	❌	❌	Y / Y	⭐️ 5 (55)
Lake Elinor Retreat~ Springtime Sunset~New Sauna!	$31,701	$128	64%	2	1	3	$100	❌	❌	✅	Y / Y	⭐️ 5 (44)
Reeds On Bar Lake	$54,058	$218	66%	2	1	2	$125	❌	❌	✅	Y / Y	⭐️ 5 (69)
A-Frame Cabin \| Near Hamlin Lake \| Pet Friendly	$38,012	$156	65%	2	1	3	$125	❌	❌	✅	Y / Y	⭐️ 5 (18)
Little Pink House	$21,420	$137	42%	2	1	1	$100	❌	❌	✅	Y / Y	⭐️ 5 (10)
P. M. Lake Lodge	$30,897	$210	37%	2	2	1	$125	❌	❌	✅	N / Y	⭐️ 5 (117)
Old Mill Cabin	$73,225	$247	81%	2	1	2	$0	❌	❌	✅	N / N	⭐️ 5 (115)
Lake Front Cottage With Dock/Hot Tub/Kayaks	$44,039	$306	34%	2	1.5	3	$160	❌	✅	❌	Y / Y	⭐️ 5 (34)
Secluded Log Cabin - Ridge Top Cabin at Aim High	$19,377	$133	38%	2	1	2	$50	❌	❌	✅	N / Y	⭐️ 5 (40)
Ludington Vacation Rental - Walk to Lake Michigan!	$34,803	$212	42%	2	1	2	$181	❌	❌	❌	Y / Y	⭐️ 4.5 (10)
Hideaway Cabin. Relax and enjoy	$19,553	$112	46%	2	1	2	$63	❌	❌	❌	Y / Y	⭐️ 5 (132)
'Steelhead Lodge' - Double J River Camp	$68,532	$331	55%	2	1	3	$171	❌	❌	❌	Y / Y	⭐️ 5 (36)
Cabin on the river Pere Marquette river cottage	$43,537	$177	66%	2	1	3	$100	❌	❌	❌	N / Y	⭐️ 5 (47)
2 bedroom Downtown Condo on the Channel	$34,228	$195	46%	2	2	1	$150	❌	❌	❌	Y / Y	⭐️ 5 (10)
Beautiful Beaches/Harborview/Outdoor Pool/Hot Tub	$79,367	$271	77%	2	2	1	$150	✅	✅	❌	Y / Y	⭐️ 5 (93)
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!	$24,683	$134	46%	2	1	1	$120	❌	❌	✅	N / Y	⭐️ 5 (46)
Luxe Manistee Condo w/ Balcony & River Views!	$37,884	$177	55%	2	2	2	$165	❌	❌	❌	Y / Y	⭐️ 5 (33)
Cozy 2 bedroom cottage, lakefront private beach	$28,512	$136	53%	2	1	1	$99	❌	❌	✅	N / N	⭐️ 5 (113)
Bright Lower-Level Unit ~ 1 Mi to Lake Michigan	$39,529	$163	64%	2	2	2	$160	❌	❌	❌	Y / Y	⭐️ 5 (52)
Cozy & Urban Ludington Apt ~ 1 Mi to Lake Michigan	$31,731	$153	55%	2	1.5	2	$129	❌	❌	❌	Y / Y	⭐️ 5 (54)
Mitten Flats #4 - 1 Block to the beach! Hot tub!	$23,353	$135	43%	2	2	1	$125	❌	✅	✅	N / N	⭐️ 5 (22)
Mitten Flats #5 - 1 Block to the beach!	$36,891	$144	66%	2	2	2	$125	❌	✅	✅	N / N	⭐️ 4.5 (16)

Return Metrics

20.62% 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)	$13,148	$26,296	$39,444	$52,592	$65,740	$131,481	$394,443
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	$270,648	$291,521	$312,626	$333,969	$355,559	$467,460	$1,001,258

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

20.62%

Cap Rate

12%

Return on Investment

36.24%

W Free Soil Rd Free Soil, Michigan, 49411

2 bed • 1 bath • 6 guests

Purchase Price

120

Airbnb Investor Score

$13,148

Annual Profit

12.0%

Cap Rate

20.6%

Cash on Cash

$50,221

Annual Revenue

This property is projected to be in the top 46% revenue percentile compared to similar properties nearby.
Projected nightly rate is $154/night at 39% occupancy.Projected nightly rate is $170/night at 55% occupancy.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 11% of comparables

Seasonality

40 Airbnb Comparables

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

$35,958

Avg annual revenue

55%

Avg occupancy rate

$170

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

$35k

$60k

$80k

$13,148

Profit

Revenue

$50,221

Operating Expenses

$20,209

Operating Income

$30,012

Mortgage & Taxes

$16,864

Profit (Cash Flow)

$13,148

$63,750

Cash Investment

Down Payment

$50,000

Renos & Furnishing

$6,250

Closing Costs

$7,500

Total

$63,750

DSCR Ratio

Strong

1.78

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

20.62%

Cap Rate

12%

Return on Investment

36.24%

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

$12,481

Your adjusted annual income

$150,000 - $12,481 = $137,519

Taxes on $137,519 (30%)

$41,256

Your old tax bill

$45,000

Your new tax bill

$41,256

Estimated tax savings

$3,744

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