STR that looks really good on AirDNA

[Murray Reginald]

Hi BP,

I am looking at a couple beach house properties that looks really good on AirDNA however, AirDNA gave me the following analysis:

Beach House Property:

Annual Revenue - 121.6K

Occupancy Rate   - 88%

Cap Rate - 29.51%

I have another house I see that has the following analysis:

Two Story House Near Beach:

Annual Revenue - 121.6K

Occupancy Rate - 88%

Cap Rate - 29.51%

I've ran some comps on the beach house however, I don't see any 3:1s to compare I only see 4:2s and 2:1s, I'm trying to figure how accurate are these numbers and is there anything else I can do to confirm this will be a good investment since the Beach House has never been on AirBnB/VRBO im wondering how accurate is this information and how did AirDNA come up with those numbers.  

[Collin Hays]

You can shoot me the addresses and I can give you an analysis, no charge no strings.