Curious about people's cash flow numbers on STR's...

[K F.]

If you have purchased an STR in the past couple years (2020, 2021), how much cash flow are you making yearly? We are searching to invest in a short term rental, but the numbers are not high enough for us. We're seeing about 10K-15K yearly cash flow after running all the numbers at a safe occupancy rate (could be more but we calculate with the lowest numbers). We would use a property management company, it would be too difficult for us to manage it ourselves. This eats up a lot of cash flow.

Is this "good" cash flow? We were aiming for more around 30K per year, but maybe that's unrealistic. Would love everyone's thoughts.