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Updated over 3 years ago,
Short-Term Rentals and there numbers. What is a good deal?
Hello,
I am new to this area of investing. I am looking to purchase a lake front property that is listed in my area. I have put the information in the Tools, Airbnb and not sure if it is a good deal or not. It comes up with a 20% property management fee. Who gets this portion, is it Airbnb with there hosting fees? But anyway, the PP is 370k and potential income is 90k a year with Operating Expenses of $25,949, NOI of $63,050 and cap rate of 17.05%. I have purchased Avery Carl's new book and still waiting for it to come. Thank you inadvance.
Jen