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Updated 4 months ago, 07/28/2024

User Stats

36
Posts
18
Votes
Cliff Durrett
  • Investor
  • Seminole, FL
18
Votes |
36
Posts

How to calculate a properties value as a STR?

Cliff Durrett
  • Investor
  • Seminole, FL
Posted

Not sure where to post this, so if needs to be reposted somewhere else, please let me know

I am trying to determine the value of a property as a STR

Using the online services, it comes out to an income of $110k+ at 67% occupancy

Of course that must be net, so what does Abnb etc charge, whats the expected net?

Then what do most STR owners shoot for cap wise?

A smaller house on the same block sold as a STR this year for $640k, is smaller sf, half the size pool and smaller yard.

Trying to put a number to this property, thoughts?

Thanks

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