1016 Michigan Ave

St Joseph, MI 490853 beds · 2 bathsSleeps 8

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Cash flow
Estimated revenue
Cash-on-cash
Cap rate

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Cash flowNeeds a price

1016 Michigan Ave

St Joseph, MI 490853 beds2 bathsSleeps 8

Estimated from 3 nearby Airbnbs, typically 4.3 mi awayHow we estimate

Pays for itself at a price up to about $644k

With 25% down at 7%. Zillow has no estimate for this address. Add the asking price for cash flow and returns.

Asking price

Cash flow: —; Needs a price
Estimated revenue: $69,261/yr; 45% booked at $463/nightHalf of nearby homes earn $42k–$90k
Cash-on-cash: —; Needs a price
Cap rate: —; Needs a price

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Nearby Airbnbs like it earn $42k–$90k a year

That's the middle half of the 3 Airbnbs this estimate comes from, typically 4.3 miles away. Revenue and occupancy are Chalet's estimates from each listing's observed bookings.

Lowest $27.3kMiddle half $42.3k–$90.2kHighest $123.1k

This home$27.3k$123.1ka year, darker earns more

Charming cottage with private beach access.$27,3002.0 mi · 25% booked at $375/night
Panoramic Lake Michigan Views Perfect Location$123,0874.3 mi · 57% booked at $638/night
Lake Bluff cottage, Unforgettable view and sunsets$57,3954.7 mi · 52% booked at $375/night

Nearby Airbnbs, closest first
Listing	Distance	Revenue/yr	Occupancy	Nightly rate
Charming cottage with private beach access.	2.0 mi	$27,300	25%	$375
Panoramic Lake Michigan Views Perfect Location	4.3 mi	$123,087	57%	$638
Lake Bluff cottage, Unforgettable view and sunsets	4.7 mi	$57,395	52%	$375

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Airbnbs for sale in Michigan

Keep this analysis of 1016 Michigan Ave, with your changes.

How we estimate

Revenue: Chalet's estimate of what a 3-bedroom Airbnb at 1016 Michigan Ave could book in a year, from 3 comparable Airbnbs nearby and their observed bookings. It's gross revenue: before the Airbnb host fee, management and every other cost. The occupancy and nightly rate are the ones behind that estimate.
Price: The price you enter. Use the asking price if the home is listed.
Costs: Defaults you can change: 10% management and a 3% Airbnb host fee (of revenue); 1% property tax and 1% maintenance (of price, per year); insurance at 0.5% of price; utilities and internet at $150 a month plus $100 per bedroom; $200 a year for an STR license.
Financing: 25% down, 7% interest over 30 years, 1% closing costs and $20,000 to furnish, unless you change them.
Returns: Cash flow is revenue minus every cost and the mortgage. Cash-on-cash divides a year of cash flow by the cash to close. Cap rate divides net operating income by the price.
Other sites: Other calculators pick different comparable homes, time windows and defaults, so their numbers differ. Compare the comparable homes, not just the headline.

Other addresses analyzed nearby

Disclaimer. This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.

Airbnb Investment Analysis: 1016 Michigan Ave, St Joseph, MI 49085 | $69,261 Avg Annual Revenue

1016 Michigan Ave

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1016 Michigan Ave

Pays for itself at a price up to about $644k

Ask about 1016 Michigan Ave

Nearby Airbnbs like it earn $42k–$90k a year

What to do next

How we estimate

Other addresses analyzed nearby

Other addresses analyzed nearby