| Address | |
|---|---|
| City | |
| State | |
| Zip Code | |
| Bedroom | |
| Bath | |
| Square Feet | |
| Subdivision | |
| Year Built | |
| Other Info |
| Asking Price | |
|---|---|
| Offer Price | |
| Down Payment (%) | |
| Down Payment ($) | |
| Estimated Closing Cost (%) | |
| Estimated Closing Cost ($) | |
| Renovation Cost | |
| Setup Cost | |
| Total Investment: |
| Gross Income (Y) | |
|---|---|
| Gross Income (M) | |
| Average Nightly Rate | |
| Average Occupancy | |
| Cleaning Fee (M) | |
| Net Operating Income | |
| Cap Rate | |
| Cash on Cash Return |
| Mortgage Amount | |
|---|---|
| Term (Years) | |
| # of Payments | |
| Interest Rate (%) | |
| Monthly Principle/Interest | |
| Estimated Property Tax (Y) | |
| Estimated Property Tax (M) | |
| Estimated Insurance (Y) |
| Estimated Insurance (M) | |
|---|---|
| Private Mortgage Insurance (Y) | |
| Private Mortgage Insurance (M) | |
| Monthly HOA | |
| Estimated Monthly Utilites (Water/Elec/Gas) | |
| AirBNB Fee (Y): 3% | |
| AirBNB Fee (M): 3% | |
| Cleaning Fee (M) | |
| Cable/Internet (M) |
| Repairs/ |
|
|---|---|
| Repairs/ |
|
| Management Fee (M) (%) | |
| Management Fee (M) ($) |
| Operating Expenses: (Annual) | |
|---|---|
| Operating Expenses: (Monthly) | |
| Total Expenses: (Annual) | |
| Total Expenses: (Monthly) |
Only for educational usage. All calculations should be verified independently. HelloMarketingStudio is not a property manager, short term rental expert, lender, does not issue loan qualifications, and does not extend credit of any kind. This is not an offer to lend and should not be used to make decisions on home offers, purchasing decisions, nor loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice.
*DISCLAIMER: purchasing a short term rentals involves layers of risk analysis that determine your max purchase price and if you should purchase, sell, or pass. This calculator cannot qualify you for a mortgage or ensure that you should purchase or sell a short term rental property. It is only an educational exercise in learning about cashflow, expenses, and potential for future return of a current or potential short term rental.
We bring a wealth of knowledge and expertise about buying and selling real estate in both of these Garden State communities. Contact us today!