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Updated almost 3 years ago on . Most recent reply

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Vincent DeCarlo
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Short Term Rental Question

Vincent DeCarlo
Posted

Newbie here. I have an opportunity to acquire a mountain home through a subto agreement. It would be a great AirBnb investment but my issue is that I'm having problems running the numbers. What tools or formulas are you guys using to calculate vacancy on short term rentals? Anything else, other than cleaning fees, that I should consider that affect short term rentals on top of what a regular rental requires? I'm trying to put together a budget. Thanks

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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
637
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
Replied

@Vincent DeCarlo

Give more details about the location of the home and folks here can help give you occupancy/vacancy rates they are experiencing. Other than cleaning fees, you should make sure you factor in higher insurance rates that cover STRs, utilities, internet, consumables (toilet paper, soap, etc), landscaping, snow removal, linen replacement.

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