BNBCalc Short Term Rental Investment Analysis 9332 Elsa St

3 bed • 1 bath • 9 guests • $36,600

BNB

Calc

Report by:

test at Test

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123123 123

Annual Revenue

$29,913

Profit (Cash Flow)

$9,876

Cap Rate

33.7%

Annual Revenue

$29,913

AirDNA projects $273/night at 30% occupancy ($29,913). Airbtics projects $208/night at 50% occupancy ($37,985). Airbtics predicts this property will perform in the 68% revenue percentile

BNB Calc projects a 30% occupancy rate, $273 rate per night.

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

Percentiles	25%	50%	75%	90%
Revenue	$13,995	$23,436	$37,253	$57,876
Occupancy	39%	55%	62%	72%
Nightly Rate	$86	$105	$145	$198

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
Beautiful, spacious and full of fun.	$21,934	$142	38%	1	2	1	$95	✅	❌	✅	Y / Y	⭐️ 4.9 (10)
1702: 1 to 4 Guests/Free Parking/Heart of Downtown	$57,427	$223	67%	1	2	1	$85	❌	❌	❌	Y / Y	⭐️ 4.8 (207)
1707: 1 to 4 Guests/Free Parking/Heart of Downtown	$49,754	$234	55%	1	2	1	$85	❌	❌	❌	Y / Y	⭐️ 4.8 (149)
1408: 1BD Heart of Downtown! Free Parking	$40,629	$184	55%	1	2	1	$85	❌	❌	❌	Y / Y	⭐️ 4.8 (207)
Waterfront Home in Central City -KING BED 4 guests	$25,507	$103	62%	1	2	1	$59	❌	✅	✅	Y / Y	⭐️ 5 (112)
Charming Lower-Level Flat, Walk to Sports Stadiums	$33,872	$139	60%	1	2	2	$120	❌	❌	❌	Y / Y	⭐️ 5 (54)
Cozy & Charming Apartment in West Village	$20,781	$109	46%	1	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.8 (761)
The Kean Club - Historic apartment with parking	$19,552	$108	43%	1	1	1	$45	❌	❌	✅	Y / Y	⭐️ 4.8 (538)
5-Star Stay - Cozy & Modern - W/Free Parking	$32,863	$123	73%	1	2	2	$0	❌	❌	❌	Y / Y	⭐️ 4.9 (27)
Orismay Luxury Apartment 3	$27,608	$94	66%	1	1	1	$100	❌	❌	❌	Y / Y	⭐️ 4.9 (110)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$27,431	$83	70%	1	1	2	$150	✅	✅	✅	Y / Y	⭐️ 4.9 (25)
Detroit/Grosse Pointe Oasis	$30,105	$89	88%	1	1	1	$45	❌	❌	❌	Y / Y	⭐️ 5 (428)
The River @ The Park & River Chalet-1BD Upper Unit	$17,957	$93	46%	1	1	2	$100	❌	❌	❌	Y / Y	⭐️ 4.8 (71)
East Grand Marrakesh	$22,538	$92	60%	1	1	2	$70	❌	❌	✅	Y / Y	⭐️ 4.8 (90)
Downtown Industrial River view Loft (50% off)	$14,560	$102	39%	1	1	2	$0	❌	❌	❌	N / N	⭐️ 4.8 (65)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$24,067	$86	61%	1	1	2	$150	✅	❌	✅	Y / Y	⭐️ 5 (54)
Luxury 1 bedroom high rise near downtown queen bed	$21,071	$180	25%	1	1	2	$125	✅	❌	❌	Y / Y	⭐️ 4.8 (14)
Lovely 1-Bedroom Loft with Rooftop Terrace	$32,425	$274	30%	1	1	2	$85	❌	❌	❌	Y / N	⭐️ 4.8 (31)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$25,307	$80	68%	1	1	2	$150	✅	✅	✅	Y / Y	⭐️ 5 (40)
Contemporary apt in DT Detroit	$29,467	$97	83%	1	1	1	$0	✅	❌	❌	Y / N	⭐️ 4.7 (101)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$18,286	$71	51%	1	1	2	$150	✅	❌	✅	Y / Y	⭐️ 5 (30)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$24,600	$82	61%	1	1	2	$150	✅	❌	✅	Y / Y	⭐️ 5 (64)
#13 Affordable & Chic 1BR near Downtown Detroit	$9,239	$85	28%	1	1	3	$55	❌	❌	❌	Y / Y	⭐️ 4.5 (77)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$26,070	$85	62%	1	1	2	$150	✅	❌	✅	Y / Y	⭐️ 4.9 (84)
Discounted Rate Downtown Detroit Sleeps up to 10	$7,451	$144	13%	1	1	1	$50	❌	❌	❌	Y / Y	⭐️ 5 (63)
📍 40% OFF Downtown Detroit Loft - Stay in the D	$10,615	$261	10%	1	1	1	$75	❌	❌	❌	Y / Y	⭐️ 4.7 (353)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$29,688	$86	72%	1	1	2	$150	✅	✅	✅	Y / Y	⭐️ 5 (26)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$27,286	$85	73%	1	1	2	$150	✅	✅	✅	Y / Y	⭐️ 5 (24)
Luxury Stays	$19,918	$91	53%	1	1	1	$80	❌	❌	❌	Y / Y	⭐️ 4 (32)
Fun private apartment with snacks! Clean deal!	$37,828	$161	64%	1	1	3	$15	❌	❌	✅	Y / Y	⭐️ 4.9 (123)
Modern 1B High Rise near Downtown- Comfy Queen Bed	$13,977	$67	57%	1	1	1	$0	✅	✅	✅	Y / Y	⭐️ 5 (10)
D Town Couples Industrial Loft	$14,941	$90	42%	1	1	2	$50	❌	❌	❌	N / Y	⭐️ 4.2 (16)
Private Loft Close to Everything	$25,309	$114	58%	1	1	2	$50	❌	❌	❌	Y / Y	⭐️ 5 (30)
Luxury Penthouse Historic Bldg Downtown	$23,673	$196	33%	1	1	1	$0	❌	❌	❌	Y / Y	⭐️ 5 (42)
Little Paris \| Walk to LCA, Ford Field, Comerica	$21,549	$142	38%	1	1	1	$40	❌	❌	❌	Y / Y	⭐️ 5 (515)
Little Paris Pied-à-terre \| Walk to LCA, Comerica	$25,674	$148	44%	1	1	1	$40	❌	❌	❌	Y / Y	⭐️ 5 (296)
Little Paris of the Midwest - Walk to LCA, Ford	$25,147	$163	39%	1	1	1	$40	❌	❌	❌	Y / Y	⭐️ 5 (420)
Brush Park retreat	$11,557	$72	39%	1	1	1	$40	❌	❌	✅	Y / Y	⭐️ 4.8 (412)
Sunny Apt Close to Downtown	$25,313	$111	58%	1	1	1	$50	❌	❌	❌	Y / Y	⭐️ 4.8 (747)
Downtown Detroit Apartment.	$27,449	$138	51%	1	1	1	$65	❌	❌	❌	Y / N	⭐️ 4.8 (89)

Return Metrics

59.25% 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)	$9,875	$19,751	$29,627	$39,503	$49,379	$98,758	$296,274
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$359	$741	$1,146	$1,576	$2,033	$4,776	$29,280
Down Payment	$7,320	$7,320	$7,320	$7,320	$7,320	$7,320	$7,320
Property Appreciation	$1,098	$2,228	$3,393	$4,593	$5,829	$12,587	$52,237
Total Return	$18,653	$30,041	$41,487	$52,993	$64,562	$123,442	$385,112

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

59.25%

Cap Rate

33.72%

Return on Investment

67.99%

9332 Elsa St Detroit, Michigan, 48214-1465

3 bed • 1 bath • 9 guests

Purchase Price

Est. $176/mo

This property is for sale!

Contact

test at Test

Detroit

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Zoning

Market

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Laws

Market Data

$29,913

Annual Revenue

BNBCalc predicts this property will get $208 per night with 50% occupancy, putting it in the top 68% revenue percentile compared to similar properties nearby.

Occupancy Rate

Top 88% of comparables

Avg Daily Rate

Top 1% of comparables

Seasonality

40 Airbnb Comparables

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

$25,010

Avg annual revenue

52%

Avg occupancy rate

$125

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

$5k

$25k

$40k

$60k

$9,876

Profit

Revenue

$29,913

Operating Expenses

$17,569

Operating Income

$12,345

Mortgage & Taxes

$2,469

Profit (Cash Flow)

$9,876

$16,668

Cash Investment

Down Payment

$7,320

Renos & Furnishing

$8,250

Closing Costs

$1,098

Total

$16,668

DSCR Ratio

Strong

5.00

Get a pre-qualification letter

Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

59.25%

Cap Rate

33.72%

Return on Investment

67.99%

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

$1,737

Deductible property tax

$362

Your total deduction

-$5,111

Your adjusted annual income

$150,000 - -$5,111 = $155,111

Taxes on $155,111 (30%)

$46,533

Your old tax bill

$45,000

Your new tax bill

$46,533

Estimated tax savings

-$1,533

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:

3,049 sqft

Year built:

1916

Size:

1,590 sqft

Type:

SFR

Parking:

Heating:

HOT WATER

Sold Comparables

Property Details

MLS Status: Active

Property Use: Single Family Residence

Stories: 2

Lot size: 3,049 sqft

Building area: 1,590 sqft

Garage: Yes

Heating: Hot water

Pool: No

Fireplaces: 0

Basement: No

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: R2

Land Use: Residential

Parcel Number: 19001025.

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2020

Assessed Value: $9,310

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: -

Ownership

Name: Escoe Phyllis Thomas

Owner Occupied: Yes

Owner Mailing Address: 9332 Elsa St, Detroit, Mi 48214

Years Owned: 0

Home Equity: -

Mortgage Balance Remaining: $0

Financed amount: -

Owner Type: Individual

Lien: N/A

Inherited: N/A

Foreclosure: No