FFE as Price per Square Foot?

[Jon Crosby]

Greetings Everyone! I'm working on a 'side project' related to an STR investment calculator. After getting some great feedback, I realized I did not have FFE (Furniture, Fixtures and Equipment) built into the acquisition cost. I would like to use some type of base metric to start with using either # of bedrooms or square feet to estimate FFE costs for any given property.

I'm completely aware that each property is different and going to bring it's own FFE dynamic to the cost, but does anyone know of or have a good starting point to work from that might work based on # of bedrooms or total square feet?  

Thank you in advance for any guidance you might be able to offer!

Cheers!

~Jon