Tool

STR return calculator

Pick a town to load starting assumptions and its approximate lodging tax, then adjust every number to match the property you're considering.

Estimates only. This calculator is for rough planning, not a prediction or guarantee of results. Town presets use third-party market averages where available (AirDNA, GuestFavorites, and others) and our own conservative assumptions where data is thin. Tax rates are approximate. Not financial, tax, or legal advice. Talk to your lender and CPA.

Town preset

Load assumptions for

Purchase & financing

Purchase price ($)

Down payment (%)

Interest rate (%)

Loan term (years)

Closing costs ($)

Remodel & furnishing ($)

Revenue

Average nightly rate ($)

Occupancy (%)

Average stay (nights)

Lodging tax (%)

Annual operating costs

Platform fees (% of revenue)

Management / co-host (%)

Cleaning per turnover ($)

Utilities & internet ($/month)

Insurance ($/year)

Property tax ($/year)

HOA ($/month)

Maintenance & supplies (% of revenue)

My nightly rate already includes lodging tax

Estimated year one

Booked nights: –
Gross rental revenue: –
Lodging tax collected for the state (pass-through): –
Operating expenses: –
Net operating income: –
Mortgage payments: –
Annual cash flow: –
Cash invested: –
Cash-on-cash return: –
Cap rate: –

Excludes income taxes, depreciation, appreciation, vacancy for repairs, and one-time permit fees.

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