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Updated about 6 years ago,
- Developer
- Columbus, OH
- 1,605
- Votes |
- 3,254
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Has anyone sold an airbnb property off of a pro forma?
Here's an example report of a property in Columbus Ohio I have on the market right now. We have 4 - 6 months of actual data on the property and we are trying to sell it on a pro forma. I think the big thing we are seeing is that for airbnb people don't know if it has consistent income enough. The other strategy we could do here is build a carriage house on the property which would add about another 2k in income a month. Cost to build the carriage house ranges rom $70k-$85k depending on finishes. (studio apartment above a garage). Would appreciate any insight from other short term rental operators in their market if they have had success.
*This link comes directly from our calculators, based on information input by the member who posted.
H
- Robert Ellis