BNBCalc.com Rental Arbitrage Analysis Report of 661 W Forest Ave #2, Detroit, MI 48201, USA

1 bed • 1 bath • 2 guests • $1,100

BNB

Calc

Return Metrics

68.65% cash on cash return is a excellent return over the next 1 year.

Cashflow Over Time

Property Appreciation Assumption:

3%

Revenue Appreciation Assumption:

0%

Cash on Cash Return

68.65%

Payback Period Days

531

Return on Investment

68.65%

Annual Revenue

$33,266

AirDNA projects $132/night at 69% occupancy ($33,266).

Revenue Percentile

Operating Expenses

Monthly Expenses

$1,360

Annual Expenses

$16,325

Utilities

$440

Internet + TV

$100

Water/Sewer

$70

Garbage

$50

Electric

$115

Gas

$55

Other

$50

Maintenance

$837

Rental Insurance

$10

HOA

$0

Landscaping

$150

Ongoing Repairs

$150

Supplies

$150

Software

$50

Pest Control

$50

Permits

$0

Other

$0

Cleaning Cost

$277

Management & Platform Fees

$83

Platform Fee (i.e. Airbnb)

$83

Property Manager Fee

$0

661 W Forest Ave Detroit, Michigan, 48201-1184

1 bed • 1 bath • 2 guests • $1,100

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Realtor, STR Specialist

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Annual Revenue

$33,266

Profit (Cash Flow)

$3,742

Payback in 531 days

Cash on Cash Return

68.7%

Annual Revenue

$33,266

AirDNA projects $132/night at 69% occupancy ($33,266)

Occupancy Rate

Avg Daily Rate

Return Metrics

68.65% cash on cash return is a excellent return over the next 1 year.

Cashflow Over Time

Revenue Appreciation

0%

Cash on Cash Return

68.65%

Payback Period Days

531