Traverse City, MI · 3 bedroom
3-bedroom Airbnb revenue in Traverse City
A 3-bedroom short-term rental in Traverse City models at $55,100 of gross annual revenue — $265 a night at 57% occupancy, or about $37,468 after modelled operating costs.
Gross annual revenue
$55,100
Nightly rate
$265
Occupancy
57%
Revenue per bedroom
$18,367
How size changes the numbers here
| Size | Nightly rate | Occupancy | Annual revenue |
|---|---|---|---|
| 2 bedroom | $223 | 56% | $45,800 |
| 3 bedroom (this page) | $265 | 57% | $55,100 |
| 4 bedroom | $334 | 55% | $67,400 |
Bedroom bands are modelled from the Traverse City market average using size multipliers (a 2-bedroom prices at 84% of a 3-bedroom, a 4-bedroom at 126%), with a small occupancy penalty on larger homes. Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers.
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