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13
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20
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Priya Gohil
20
Votes |
13
Posts

Airbnb Property Management Referral

Priya Gohil
Posted

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

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