STRCAL
Yearly
Rental
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Average Nightly Rate
$
Occupancy Rate
65%
Percentage of nights booked annually. Realistic targets: New properties 45-65% first year, established properties 65-85%. Consider seasonality and local market conditions when setting expectations.
Costs
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$125 cleaning fee • 0% management • 3% platform fees
Property
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$300,000 purchase • $60,000 down • 6.5% rate
Benefits
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$400,000 income • 37% tax rate • 500 hours
Revenue
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Gross Revenue
$5,250
Total rental income before expenses
Net Revenue (NOI)
$3,543
Revenue after all operating expenses
Nights Booked
20
nights/month
67% occupancy
Bookings
10
bookings/month
2.0 nights/booking
Expenses
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$3,224 total • $1,517 mortgage • $1,708 operating
Performance
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14.2% cap rate • 32.4% cash-on-cash • $75,000 invested
Deductions
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$5,729 tax savings • $0 bonus depreciation • $6,757 QBI deduction