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Peter Keddis
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How to calculate short term rentals

Peter Keddis
Posted

Hello everyone. I'm new to investing with rental properties and I was wondering if someone could give me some tips how to calculate ROI for short term rentals. I have a property I'm interested in and I am wondering if it will be better for long term renting vs putting on airbnb? For long term renting it will bring 7% cash on cash

thank you

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Lien Vuong
  • Real Estate Agent
  • Boston, MA
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied

The quick and dirty STR calculator is to look it up via AirDNA and calculate it with 50% occupancy and all expenses and utilities associated with the property. If that exceeds your long term it might be worth while to participate in.

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