Saw your post while searching for any info about STRs in Banner Eld area.

Quote from @Ryan Pham: Is there a reliable way for to est income of a furnish / short term / airbnb  incomevs long time income ( I know this can be est looking at comparable posting in same area )I have a 3 bed / 1 bath small townhome ( hoa approved ) I like to try to fully furnish and do airbnb / fully furnish rentalThis unit is 1 mile from Banner Desert Medical Center ( traveling nurse ?

Floating rate or fixed?  

I was last getting terms around 5-6% for the first 5 years, then floating with prime, 20 year term. 

Today, they are floating between 7.4-7.75%, depending on factors.Your best bet is to work with a broker who watches these things daily. 

2024 was a banner year for our investor clients with eight prime Oregon Coast vacation rentals sold.

If the best you qualify for is alternative financing when the purchasing loan matures you will  likely be treading water barely able to stay a float. 

Floating rate loans are normally quoted at SOFR plus a spread, a profit margin for the lender.

I just wanted to see if there were any pearls of wisdom floating around of someone who has walked this road. 

The most common answer, especially in recent times, is highly levered, floating rate debt.This is not the only answer, by any means.