All Forum Posts by: Nicole Vincent

@Julian Sage currently I am taking an estimated gross rental income and subtracting out mortgage, taxes, hoa fees, homeowners insurance, utilities, and cable/internet. Not sure if things like cleaning need to be taken into consideration, or hospitality type things that will need to be stocked in the house. How much to account for cap ex? Those sorts of things. 

@Luke Carl thanks a lot going to read through that thread now

@Avery Carl @Melissa Wesling you both make good points and my husband and I will sit down and make a list of what is important to us. Mostly we are looking to make more cash flow than our LTR's we already own. Although we may stay at this potential property once a year we are more interested in making money with it. 

Hello All, My husband and I are looked to buy a short term rental in the Smokies in the next few months. I have gotten pretty good at analyzing long term rentals but have a feeling I am leaving things out when analyzing short term. Is anyone willing to share any spreadsheets they use to analyze properties?