I’ve had it on my radar for a few years and cost vs revenue doesn’t line up.

However, when you factor in the HELOC, we have a negative / break-even cash flow (HELOC payments are about 25% of the revenue from both).

As others have said, the lost of revenue is usually tied to the coverage. 

Obviously, if your prepayment penalty has already expired, this is not an issue.Personally, I'd keep the extra funds and use for other investments that will potentially turn into more revenue versus paying extra on a loan that will take years to potentially realize the savings...Cheers!

I agree with many that have responded that one year financials and a revenue number from a schedule E would be standard.

With a remarkable three-year revenue growth of 2,326%, it’s no surprise they’ve made such an impressive mark.RentRedi has been on fire this past year, hitting milestone after milestone—from expanding their platform with new features like RentRedi Credit Boost to forming a groundbreaking partnership with the National Association of RealtorsⓇ.As part of our BiggerPockets community, we love seeing our partners succeed, especially when their growth reflects their commitment to helping landlords and renters thrive.

Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

You qualify for the loan by the rent revenue the property brings in and there is no revenue coming in from a product that is under renovation or being built...

I have three homes listed right now that have great revenue form STR.  

Many cities have high overhead costs that consume a large portion of generated revenue.