Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

However, an initial glance suggests that a Pennsylvania CPA may have processes in place to address quirky Pennsylvania calculations and the federal tax prep experience to more easily research unfamiliar Georgia issues.

There is a calculation that takes place and usually involves market based investments.  

Alot of details go into pricing out income and expenses so using the BiggerPockets Airbnb Calculator could help see what expected expenses you can expect. 

Can you evaluate whether something is a good investment - use the BP calculators, build your own spreadsheet, identify what seems like a good deal to you (everyone has different criteria).

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

I’d appreciate some feedback on my current approach and advice if any.Here’s what I’ve done so far:Pre-Approval: I’ve secured a pre-approval amount and interest rate from an online mortgage lender.Property Analysis: I’m using the mortgage and STR calculators from BiggerPockets to assess the financials for potential properties.Neighborhood Research: I’ve been exploring different neighborhoods using Niche to get insights into schools, safety, and livability.AirDNA: I’m considering subscribing to AirDNA for data on occupancy rates and rental income estimates.Questions:Is AirDNA worth the investment for STR data?

I am just struggling to figure out how I would afford the monthly interest expenses as construction on this type of project would take a ton of time and money.The building will be luxury student apartments which on my rough calculations can have realistically 60-65 apartments or 180-195 beds.

BiggerPockets has a new STR calculator that can help you pencil out data from these types of sites as well. https://www.biggerpockets.com/airbnb-calculatorLast thing, we have a weekly newsletter here called BiggerStays that covers all things STR-related! 

Lets say its 5 years later and you paid the 400k loan down to 350k and you sell one of the 100k houses for say 150k.They calculate that its one of the homes that was allocated at 20%.