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Updated over 6 years ago on . Most recent reply

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38
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Cody Ringler
  • Rental Property Investor
  • Central Texas
5
Votes |
38
Posts

AirBnB underwriting details

Cody Ringler
  • Rental Property Investor
  • Central Texas
Posted

What's going on everyone! I have something big going on and I would like some feedback. What stuff do you put into your underwriting to assure yourself that it's a good deal and it's going to cash flow properly?

Thanks!

Cody 

Most Popular Reply

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3,884
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2,662
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Kerry Baird
  • Rental Property Investor
  • Melbourne, FL
2,662
Votes |
3,884
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Kerry Baird
  • Rental Property Investor
  • Melbourne, FL
Replied

Regular long term rental income was $2200.
I bought AirDNA and looked at the occupancy rates local to the property. I ran the income at the midrange of that occupancy. I’m not directly on the ocean or river, and don’t have a pool, but am a short walk to the beach. The highs are really high near me, so I rounded down. 
I pay mortgage, insurance, property taxes, electricity, water, Netflix, and lawn service, AirDNA and BeyondPricing. 

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