Updated over 9 years ago on . Most recent reply
Estimated returns for AirBnB rental
In term of dollars and cents, what is the difference between a conventional lease versus short-term rental? To be even more specific: home has beautiful finished 1 bed, 1 bath, w/d, high ceilings, newly remodeled basement not too far from H St NE. There is a current lease for $1275/month that will terminate in October. When the lease is up should we convert it to a short-term rental and put it up on AirBnB and similar sites? Is $100/night, 80% occupancy, $2200 minus expenses realistic? We are new to this type of thing and just trying to figure out what is the best option. Thanks for the help!