The most reliable way is look at other STR's in the area and see what their nightly rates look like over the year and look at their occupancy rates. 

The reason is that for most programs anyway the 60% loan to value will give you the best rate and best cost available and of course you should still be able to have a healthy cash flow at that loan loan to value.

10% is a great rate.

(a) market price appreciates at a compounding rate AND so does (b) rents appreciate at a compounding rate.   

I've recieved many quotes and preapprovals and they came back with the most competitive rate and terms for what we are looking to do.

Mortgage Balance: $430,000 Monthly Mortgage Payment: $3,100 Current Rent: $4,100/month (below market rate, planning to gradually adjust it during yearly renewal to eventually catch up to the market rate) Appraised Value: $900,000 (purchased for $657,000 8 yrs ago) Managed by a property manager Loan assumableProperty B: Located in VA.

Got a 5% rate calculated for 20 years with a balloon payment in 5 years (2026).

.❌ You think using emojis means I copied this from somewhere—I’m just a millennial who likes to keep things engaging.BUUUT if you’re an investor who wants to attract high-paying guests, increase your nightly rate, and create a rental that markets itself, keep reading.A question I get A LOT is: “How can I market my vacation rental?” 

The capital you'll need to accumulate depends on the appreciation rate in your chosen investment city.

Everything's too expensive, interest rates are too high, numbers don't work, etc.