[Calc Review] Help me analyze this deal

[Matthew Brown]

Hey! 

I am still relatively new on my multifamily real estate journey, and I would love some help analyzing this deal. Here is some background on this property: it is a duplex in Elizabeth City, NJ; It is within walking distance from the airport and the bus station that takes you into NYC; the current owners live in both units and are willing to pay rent if we agree on a price.

It may be more profitable to turn it into a short-term rental. AirDNA -

Annual Revenue
$71.7K

Average Daily Rate
$321

Occupancy Rate
61%

I am uneducated on how to evaluate properties for short-term rentals, so that any advice would be helpful. Also would be open to keeping one long-term and one short-term to reduce the risk for my first property. 

Any advice is helpful. Thanks!

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*This link comes directly from our calculators, based on information input by the member who posted.