I am looking for a long-term hold, so cashflow isn't my main driver...though I do want to at least break even on a monthly basis. This would be used as a STR hence the projected income (source: AirDNA). I have not filled in a figure for vacancy expense as that would be baked into the projected income. Also since it is a newer property with solar panels I did not figure for immediate CAPEX and kept my electricity number low. This will be my first STR property if successful with the purchase (I will find out tomorrow....but can also still get out of it if I want to). The mortgage rate is an educated guess. I would strongly value some feedback from this excellent community. View report
*This link comes directly from our calculators, based on information input by the member who posted.