BNBCalc.com Investment Analysis Report of 3225 N Vermont Ave, Royal Oak, MI, 48073

3 bed • 3 bath • 9 guests • $259,000

BNB

Calc

Return Metrics

16.64% cash on cash return is a great return over the next 1 year

Investment Value Over Time

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

16.64%

Cap Rate

12.09%

Return on Investment

34.6%

Annual Revenue

$51,719

AirDNA projects $268/night at 60% occupancy ($58,731). Airbtics projects $159/night at 66% occupancy ($38,328). Airbtics predicts this property will perform in the 45% revenue percentile

Revenue Percentile

Percentiles	25%	50%	75%	90%
Revenue	$25,190	$40,356	$57,280	$72,233
Occupancy	52%	70%	80%	84%
Nightly Rate	$125	$151	$185	$222

Seasonality (Profits By Month)

Airbnb Comparables

Airbnb name	Revenue	Rate Per Night	Occupancy	Beds	Baths	Guests	Night	Cleaning	Pool	H.Tub	Pets	W/D	Reviews	Host
A The Montpelier House	$29,841	$106	68%	3	1	6	1	$115	❌	❌	✅	N / Y	⭐️ 4.8 (86)	Profile
B Modern Charmer \| Finished Basement \| Patio \| Games	$60,286	$215	72%	3	2	8	2	$200	❌	❌	❌	N / Y	⭐️ 5 (60)	Profile
C Cozy Royal Oak Bungalow	$49,103	$172	78%	3	1	4	2	$0	❌	❌	✅	N / Y	⭐️ 5 (40)	Profile
D Cabin House \| Sauna \| Hot Tub \| Centrally Located	$66,597	$226	75%	3	2	10	1	$120	❌	✅	❌	N / Y	⭐️ 4.9 (134)	Profile
E Cozy Bungalow in Madison Heights	$26,297	$113	57%	3	1	6	1	$100	❌	❌	❌	N / Y	⭐️ 5 (49)	Profile

Operating Expenses

Monthly Expenses

$1,700

Annual Expenses

$20,403

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,131

Property Insurance

$150

HOA

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

Other

Cleaning Cost

$431

Management & Platform Fees

$129

Platform Fee (i.e. Airbnb)

$129

Property Manager Fee

Mortgage & Taxes

Monthly Mortgage & Tax

$1,662

Annual Mortgage & Tax

$19,944

Downpayment

Purchase Price

$259,000

Percent Down

20%

Total Downpayment

$51,800

Total Loan Amount

$207,200

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

7.5%

Monthly Loan Payment

$1,449

Property Tax Yearly

0.99%

Property Tax Monthly

$214

Mortgage Insurance (PMI)

Property Details

General Info

Lot size:

5,314 sqft

Year built:

1949

Size:

1,128 sqft

Type:

SFR

Parking:

Heating:

Forced Air Unit

Sold Comparables

Address	Beds	Baths	Square Feet	Lot Size	Year Built	Last Sale	Days on Market
3019 Ferris Ave	3	1	1,086	6,055	1949	$385,000	-
3011 N Wilson Ave	3	1	1,034	6,839	1949	$350,000	-
2901 N Altadena Ave	3	2	1,327	7,187	1949	$0	-
1930 Ardmore Ave	3	1	1,104	4,574	1952	$0	-
2220 N Vermont Ave	3	2	1,252	7,754	1948	$583,000	-
3019 N Wilson Ave	3	2	1,038	6,839	1949	$360,000	-
3030 N Connecticut Ave	4	1	1,128	6,839	1949	$304,000	-
2508 N Vermont Ave	3	2	1,120	7,754	1948	$413,500	551
3014 N Vermont Ave	3	1	947	6,882	1949	$270,000	-
2919 N Altadena Ave	3	2	949	7,797	1949	$405,000	-

Property Details

MLS Status: property-details-mls-status-active

Property Use: Single Family Residence

Stories: 1

Lot size: 5,314 sqft

Building area: 1,128 sqft

Garage: No

Heating: Forced air unit

Pool: No

Fireplaces: -

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Lot Info

Zoning: ONE FAM

Land Use: Residential

Parcel Number: 72-25-10-204-014

Flood Zone: No

Tax Info

Year Assessed: 2021

Assessed Value: $114,450

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Sale history

Date	Sale Price	% Financed	Buyer
10/21/16	$185,000	80%	Peter Feng
10/29/08	$123,500	100%	Andrew Cullen, Jennifer Cullen
12/31/07	$0	0%	Richard P Whitmore Revocable Trust
07/30/05	$0	0%	Nail Construction Llc
01/28/05	$0	0%	First Security Real Estate Corp
01/11/05	$151,132	100%	Strebor Funding Inc
05/24/00	$144,500	99%	Marcus C Wild

Ownership

Name: Peter Feng

Owner Occupied: Yes

Owner Mailing Address: 3225 N Vermont Ave, Royal Oak, MI 48073

Years Owned: 97

Home Equity: $170,000

Mortgage Balance Remaining: $148,000

Financed amount: 99%

Owner Type: Individual

Lien: No

Inherited: No

Foreclosure: No

Tax Calculator (USA)

Tax Calculator (US Only)

Example Income

$150,000

Example Income Tax Rate

30%

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$15,409

Deductible property tax

$2,564

Est. Depreciation Value

$86,876

Profit on this property

$31,315

Your total deduction

$73,534

So, your new taxable income is your previous income minus your total deduction ($150,000 - $73,534)

$76,466

Your old tax bill

$45,000

Your new tax bill

$22,940

Estimated tax savings

$22,060

3225 N Vermont Ave Royal Oak, Michigan, 48073

3 bed • 3 bath • 9 guests

Purchase Price

105

Airbnb Investor Score

$11,371

Annual Profit

12.1%

Cap Rate

16.6%

Cash on Cash

$51,719

Annual Revenue

BNBCalc predicts this property will get $159 per night with 66% occupancy, putting it in the top 45% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

40 Airbnb Comparables

Identify properties similar to yours in terms of amenities and interior design. Then adjust your Occupancy Rate and Average Daily Rate to match.

Revenue per year

$0k

$100k

$195k

$300k

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

16.64%

Cap Rate

12.09%

Return on Investment

34.6%

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

$15,409

Deductible property tax

$2,564

Your total deduction

$14,999

Your adjusted annual income

$150,000 - $14,999 = $135,001

Taxes on $135,001 (30%)

$40,500

Your old tax bill

$45,000

Your new tax bill

$40,500

Estimated tax savings

$4,500

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