Estimated returns for AirBnB rental

[Pete Flynn]

In term of dollars and cents, what is the difference between a conventional lease versus short-term rental?  To be even more specific: home has beautiful finished 1 bed, 1 bath, w/d, high ceilings, newly remodeled basement not too far from H St NE.  There is a current lease for $1275/month that will terminate in October.  When the lease is up should we convert it to a short-term rental and put it up on AirBnB and similar sites?  Is $100/night, 80% occupancy, $2200 minus expenses realistic?  We are new to this type of thing and just trying to figure out what is the best option.  Thanks for the help!

[Pete Flynn]

Thanks Erica, solid advice! I'm combing through similar postings now.