4098 Lake Shore Road

Boyne City, MI3 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

4098 Lake Shore Road

Boyne City, MI3 beds2 bathsSleeps 8

Estimated from 10 nearby Airbnbs, typically 2.1 mi awayHow we estimate

Pays for itself at a price up to about $404k

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: $45,870/yr; 50% booked at $330/nightHalf of nearby homes earn $31k–$57k
Cash-on-cash: —; Needs a price
Cap rate: —; Needs a price

Chalet AI

Ask about 4098 Lake Shore Road

Nearby Airbnbs like it earn $31k–$57k a year

That's the middle half of the 10 Airbnbs this estimate comes from, typically 2.1 miles away. Revenue and occupancy are Chalet's estimates from each listing's observed bookings.

Lowest $23.4kMiddle half $31k–$57.2kHighest $114.3k

This home$23.4k$114.3ka year, darker earns moreSign up free to see

Boyne City, 5 minutes to Boyne Mountain, sleeps 9$60,6212.1 mi · 51% booked at $423/night
Cute Downtown Boyne City House 5min walk to Beach$26,2872.1 mi · 48% booked at $178/night
Cozy Ski Getaway - Boyne Mountain 7mi - Dogs OK$114,3082.1 mi · 57% booked at $1,039/night
Across from lake. KING master. EV plug.•••2.1 mi
Relax and unwind in Boyne City•••2.1 mi
Downtown Boyne City walking distance to beach•••2.1 mi
Charming comfortable house in Boyne City•••2.2 mi
The Kruz Inn near Golf-Ski-Lake Fun•••2.2 mi

Nearby Airbnbs, closest first
Listing	Distance	Revenue/yr	Occupancy	Nightly rate
Boyne City, 5 minutes to Boyne Mountain, sleeps 9	2.1 mi	$60,621	51%	$423
Cute Downtown Boyne City House 5min walk to Beach	2.1 mi	$26,287	48%	$178
Cozy Ski Getaway - Boyne Mountain 7mi - Dogs OK	2.1 mi	$114,308	57%	$1,039
Across from lake. KING master. EV plug.	2.1 mi	•••	•••	•••
Relax and unwind in Boyne City	2.1 mi	•••	•••	•••
Downtown Boyne City walking distance to beach	2.1 mi	•••	•••	•••
Charming comfortable house in Boyne City	2.2 mi	•••	•••	•••
The Kruz Inn near Golf-Ski-Lake Fun	2.2 mi	•••	•••	•••

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Airbnbs for sale in Michigan

Keep this analysis of 4098 Lake Shore Road, with your changes.

How we estimate

Revenue: Chalet's estimate of what a 3-bedroom Airbnb at 4098 Lake Shore Road could book in a year, from 10 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.

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: 4098 Lake Shore Road, Boyne City, MI | $45,870 Avg Annual Revenue

4098 Lake Shore Road

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4098 Lake Shore Road

Pays for itself at a price up to about $404k

Ask about 4098 Lake Shore Road

Nearby Airbnbs like it earn $31k–$57k a year

What to do next

How we estimate