Before you buy any vacation rental/short-term rental investment, you’ll need to calculate exactly how much it will cost and profit each month. With some mastery of short-term rental analysis, you’ll be able to easily look at a property and see what features and amenities can be used to massively boost your ROI.
Avery Carl, master of everything short-term rental-related, walks through two properties with different bedroom counts and how to calculate profits on both. Avery shows how a simple bedroom addition could be the difference between tens of thousands in profit annually, higher cash-on-cash return (CoC), and a higher cap rate.
00:00 Analyzing Short-Term Rental Properties 00:27 Property 1: Revenue and Details 01:39 Property 1: Using the BP Calculator 04:47 Property 2: Revenue and Details 05:34 Property 2: Using the BP Calculator
