BNBCalc.com Investment Analysis Report of 920 E Lincoln Ave, Royal Oak, MI, 48067

4 bed • 2 bath • 12 guests • $250,000

BNB

Calc

Return Metrics

33.85% cash on cash return is a excellent return over the next 1 year

Investment Value Over Time

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

33.85%

Cap Rate

15.95%

Return on Investment

48.49%

Annual Revenue

$61,566

AirDNA projects $301/night at 56% occupancy ($61,565). Airbtics projects $266/night at 63% occupancy ($61,207). Airbtics predicts this property will perform in the 46% revenue percentile

Revenue Percentile

Percentiles25%50%75%90%
Revenue$36,610$56,125$98,183$136,479
Occupancy53%64%73%81%
Nightly Rate$181$230$357$448

Seasonality (Profits By Month)

Sign up to view the full seasonality chart

Airbnb Comparables

Airbnb nameRevenueRate Per NightOccupancyBedsBathsGuestsNightCleaningPoolH.TubPetsW/DReviewsHost

A

*Best Neighborhood* - Zoo - Downtown Royal Oak
$139,221
$456
81%
43103$175❌❌✅N / Y⭐️ 5 (158)Profile

B

4 Bedroom Craftsman in Historical Neighborhood
$75,286
$448
45%
43111$100❌❌❌N / Y⭐️ 5 (36)Profile

C

Royal Oak! Lovely Single Story Home- 4 beds/Deck!
$29,195
$164
47%
4174$150❌❌✅N / Y⭐️ 5 (85)Profile

D

Luxury Home In Pleasant Ridge
$40,797
$305
35%
4381$175✅❌❌N / Y⭐️ 4.9 (43)Profile

E

Bright Modern Luxury Family Oasis - Your Vacation!
$69,262
$286
65%
4392$278❌❌❌N / Y⭐️ 5 (44)Profile

Operating Expenses

Monthly Expenses

$1,807

Annual Expenses

$21,684

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$1,213

Property Insurance

$150

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$513

Management & Platform Fees

$154

Platform Fee (i.e. Airbnb)

$154

Property Manager Fee

$0

Mortgage & Taxes

Monthly Mortgage & Tax

$1,405

Annual Mortgage & Tax

$16,860

Downpayment

Purchase Price

$250,000

Percent Down

20%

Total Downpayment

$50,000

Total Loan Amount

$200,000

Monthly Loan Payment

Mortgage Length

30 years

Interest Rate

6%

Monthly Loan Payment

$1,199

Property Tax Yearly

Property Tax Yearly

0.99%

Property Tax Monthly

$206

Mortgage Insurance (PMI)

0%

Property Details

General Info

Lot size:

-

Year built:

-

Size:

-

Type:

-

Parking:

-

Heating:

-

Property Details

  • MLS Status: N/A
  • Property Use:
  • Stories:
  • Lot size:-
  • Building area: -
  • Garage: -
  • Heating:
  • Pool: No
  • Fireplaces:
  • Basement:

Lot Info

  • Zoning: -
  • Land Use: -
  • Parcel Number: -
  • Flood Zone: No

Tax Info

  • Year Assessed:
  • Assessed Value: -
  • County Est. Land Value: -
  • Assessed Land Value: -
  • County Est. Structure Value: -

  • Market Estimate: -

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

$11,865

Deductible property tax

$2,475

Est. Depreciation Value

$121,861

Profit on this property

$39,882

Your total deduction

$96,319

So, your new taxable income is your previous income minus your total deduction ($150,000 - $96,319)

$53,681

Your old tax bill

$45,000

Your new tax bill

$16,104

Estimated tax savings

$28,896

property-location

920 E Lincoln Ave Royal Oak, Michigan, 48067

4 bed • 2 bath • 12 guests

Purchase Price

Est. $1,199/mo

Agent

Inquire about this property

Contact Agent

$313,800

Zestimate

192

Airbnb Investor Score

$23,022

Annual Profit

16.0%

Cap Rate

33.9%

Cash on Cash

$61,566

Annual Revenue

BNBCalc predicts this property will get $266 per night with 63% occupancy, putting it in the top 46% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

Loading...

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

Sign up to see the data on 40 all comparables

Investment Value Over Time

Property Appreciation

3%

Revenue Appreciation

0%

Cash on Cash Return

33.85%

Cap Rate

15.95%

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

$13,215

Your adjusted annual income

$150,000 - $13,215 = $136,785

Taxes on $136,785 (30%)

$41,035

Your old tax bill

$45,000

Your new tax bill

$41,035

Estimated tax savings

$3,965

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com