Short Term Rental Gross Income
Curious what everyone here has been averaging on STRs in the Destin/Ft Walton area?
Some of the profits and losses I’ve been seeing in certain properties have been significantly lower than Airdna projects, with only a handful being in the projection range, and maybe one or two exceeding.
So what’s been your average annual gross for a 2/2 beachside?
Most Popular Reply
- Real Estate Broker
- Cody, WY
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Gross income doesn't matter.
This is the number most people post, and it's 92.7% useless.
What you need is NET income, meaning the money left over after all expenses, and that should include a dollar amount for your personal time spent operating the business.
- Nathan Gesner
