I have a cute little cabin in a mountain town half way between Sacramento and Tahoe, at 4000 feet elevation. It is a 2 story 2 bedroom, 1 bath with 1000 square feet. Lots of new work inside, including new flooring and lots of natural wood work. I am thinking of charging 85-115/night. Probably no cleaning fee if I go with the higher rate.
There is a water skiing lake in my town with a campground that sells out every weekend in the summer, but I am 15 minutes from it. I have plenty of room for boat parking, and my house can sleep 5 right now.
I would not be there and I would hire someone to clean. I'm thinking I might need to pay $60-$75 between guests to clean.
I pay $600/year to my current property insurance carrier, who will not cover me if I go abnb. I found Proper Insurance, thanks to the abnb community forum, and got a quote for $1600/year.
Is there any way I can project how much I'll make? If I could net $700/month, including setting aside a little money for wear and tear, I'd move forward. To make this happen, I would need to rent 10 nights/month, with a 2 night stay minimum.
Is this at all realistic? I realize it's hard to make any guesses with what little info I've provided. I'm willing to provide more. I would love to talk to other abnb hosts in my area, but I don't know how to contact them. It doesn't seem right to pretend like I'm booking so I can send a message. Also, I don't know how much info they would be willing to give a competitor. I tried to join the Sacramento Home Sharing Group on abnb, but I have to list my property first.
Ryan
