Programs for STR projections of cash flow and appreciation?

Question

Hello, is anyone aware of any tools or AI software programs in which you can input all STR data points (purchase price, % down, interest rate, annual STR rent, management company % cut, taxes, fees, HOA, insurance, estimated expenses, and all other relevant data) which will provide cash flow and appreciation projections annually and cumulatively over time based on specific markets, zip codes, cities, etc.? I'm guessing there are unlikely to be any free tools for these types of comprehensive data assessments, but I'd be interested in paid programs as well if they exist. I'm just trying to find the most accurate way to calculate all possible costs and ROI projections in terms of appreciation and how close to cash flow even or slightly positive I can possibly get in different markets. Thanks!

Leora Merrell · Answer

If there is, I am unaware of it. We used AirDNA and a few other websites then just made lots and lots of Excel spreadsheets while we were researching.

Paul Sandhu · Answer

My utilities are generally 30% of gross rent.  Electric, water, sewer, trash and natural gas.  Cleaning and restocking between occupancies is another expense.  I've got a lady that does the cleaning and restocking for free, and I get to sleep with her.

Lauren Kormylo · Answer

@Eric Baron  Take a look at Dealcheck.  It's free to upload your info on up to 15 properties, and then there are paid tiers above that.  It does not predict appreciation, however - you have to put in the percentage yourself, and it will calculate that and increases in expenses, etc. over the next 30 years.

Eric Baron · Answer

@Lauren Kormylo thanks!!

Luke Carl · Answer

@Eric Baron

Airdna

The Enemy Method

Mashvisor

Read this entire forum.

Appreciation is it something you can calculate.

*** I did t read the body only the subject because us regulars get this exact question over and over and over.

It’s kind of like our guests. No one reads anything. LOL

Amanda Jacobellis · Answer

@Eric Baron you can get average occupancy and rates on airdna and alltherooms.com and then use the bigger Pockers brrr calculator! Let me know if you need help

Jake Cohen · Answer

@Eric Baron I have a spreadsheet I use to help people analyze properties. Happy to share with you if you want. Just private message me and I’ll send the link.

Good luck!

Eric Baron · Answer

@Paul Sandhu sounds like you’ve definitely figured out the system lol.

Eric Baron · Answer

Thanks @Luke Carl, I have read a lot and hadn't found anything. That's why I figured I'd ask before I made my own Excel sheet and do it the old fashioned way lol. Yes, the appreciation was one of my main questions on if there was a program that took that into account and varied based on the market location. That's the main point I'd be unclear on how to calculate. So I'll keep searching for that part of it and just incorporate what I can find into an Excel, but I'll look more into your links too. Thanks

Appreciate the info @Leora Merrell. Excel was going to be my default and likely will still be. Thanks!

Programs for STR projections of cash flow and appreciation?

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