BNBCalc

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

BNBCalc Logo

Add unit number

Bedrooms

1

Bathrooms

1

Max Guests

1

Purchase Price


Buy

Buy this property and list it on Airbnb

Own

List a property you own on Airbnb

Rent

Rent from the landlord and list it on Airbnb

Cohost

Manage this property for the owner


Purchase Price

Home

Sign In

Language

Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

BNBCalc Short Term Rental Rental Arbitrage Analysis 42412 Arcadia Dr Sterling Heights MI 48313

3 bed • 2.5 bath • 8 guests • $0

BNB

Calc

Annual Revenue

$43,793

Profit (Cash Flow)

$300

Cash on Cash Return

2.7%

Annual Revenue

$43,793

AirDNA projects $218/night at 54% occupancy ($42,996).

BNB Calc projects a 55% occupancy rate, $218 rate per night.

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


Return Metrics

2.74% cash on cash return is a fair return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)$299$599$899$1,198$1,498$2,996$8,990
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return$299$599$899$1,198$1,498$2,996$8,990

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

2.74%

Payback Period Days

13314

Return on Investment

2.74%

property-location

42412 Arcadia Dr Sterling Heights, MI, 48313

3 bed • 2.5 bath • 8 guests

Agent

Inquire about this property

Contact Agent

$2,758

Zestimate

Sterling Heights

Zoning


Laws

$43,793

Annual Revenue


AirDNA projects $218/night at 54% occupancy ($42,996.52).

Top 101% of comparables

Top 101% of comparables


$300

Profit

Revenue

$43,793

Operating Expenses

$17,093

Operating Income

$26,700

Net Effective Rent

$26,400

Profit (Cash Flow)

$300

$10,925

Cash Investment

Renos & Furnishing

$8,625

Setup Costs

$2,300

Total

$10,925

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

2.74%

Payback Period Days

13314

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

9,670 sqft

Year built:

1988

Size:

1,890 sqft

Type:

SFR

Parking:

1

Heating:

FORCED AIR

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
12874 Denoter Dr311,824-7,3181961$198,00043
11753 Wheaton Dr311,840-7,3181959$250,00017
42755 Buckingham Dr322,044-7,1871973$310,00055
42780 Buckingham Dr311,632-9,2781973$243,00026
12829 Corbin Dr323,088-7,4491977$350,00053
14740 Alma Dr321,374-7,1871973$230,00025
42153 Gainsley Dr31912-7,2751959$171,50062
13417 Wessel Ct411,700-7,9711977$313,00053
43200 Gainsley Dr-21,550-8,8861959--
42550 Freeport Dr321,980-9,5831979$315,00054

Property Details

  • MLS Status: N/A
  • Property Use: Single Family Residence
  • Stories: 0
  • Lot size: 9,670 sqft
  • Building area: 1,890 sqft
  • Garage: Yes
  • Heating: Forced air
  • Pool: No
  • Fireplaces: 1
  • Basement: No
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: R-60
  • Land Use: Residential
  • Parcel Number: 10-10-11-256-009
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2022
  • Assessed Value: $164,100
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -
  • Market Estimate: $264,865