All Forum Posts by: Xavier De Gracia
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Post: What are your target STR IRRs?

Xavier De GraciaPosted
- Investor
- New York State
- Posts 1
- Votes 0
Hi, I am looking into properties with the goal of turning them into STR.
I've found a property that has an expected 10yr IRR of 10% as an LTR and 22% as a STR.
COC on year 2 would be 3% for LTR and 12% on STR. What are your thoughts? Given the macro situation I think an LTR strategy should be at least a bit higher than 3% COC but would like to understand how others thing about returns.
Thanks