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Updated almost 5 years ago,
AirBnB rental analysis
My wife and I are new to short term rentals. We have our eyes set on a property on a lake that we frequent, and want to know how to analyze it to make sense if we could purchase for us and our family to enjoy, while tenants pay for it when we aren’t there.
Do you all analyze short terms like you would a long term? We have been looking on AirDNA and comps on Airbnb and it appears the monthly average at 50% occupancy is 1200-1400$ to be conservative I would probably analyze at 1,000$.
Any advice?