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Updated over 1 year ago,
Airbnb Property Management Referral
I have a property in Columbus, Ohio. For a year, I've been renting it out as a long term rental. I am curious if I should I keep it a long term rental vs short term rental?
Here are some stats:
Zip Code: 43204
Current Long Term Rental Stat:
* Rental: ~$1330/month
* Cost (PITI + PM Fee + Maintenance Reserves + Vacancy): ~$1,227/month
Based on AirDNA:
* Average Daily Rate: $133
* Average Occupancy/Year: 50%
* Average Annual Revenue: $24,272 ($2,022/month)
* Average Annual Revenue After Property Management Fee: $1819/mo
* Average Annual Revenue After PM Fee + Maintenance Reserves: $1637/mo