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Free STR Calculator

Short Term Rental Calculator

Estimate your annual revenue, cash-on-cash return, and key investment metrics for any short-term rental property — instantly.

Property Inputs

Optional — pre-fills your property when you run a full AI analysis after sign-up.

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% of gross revenue

$

Defaults reflect typical US STR market averages. Adjust for your specific market, property type, and management style.

$62,050

Est. Annual Revenue

68%

Occupancy Rate

$250

Avg Daily Rate

Investment Snapshot

Est. gross annual revenue$62,050
Annual operating expenses($26,061)
Net operating income (NOI)$35,989
Monthly mortgage payment$2,302
Annual pre-tax cash flow$8,365
Cash-on-cash return5.9%
Cap rate8.0%
DSCR1.30
Break-even occupancy86.5%(above your estimate)
Total cash needed$141,000
Loan amount$337,500

Want the full picture?

Underwrite pulls live Airbnb comps, verifies market ADR and occupancy for your specific address, and delivers a lender-ready investment package — financial model, narrative, and pitch deck — in under 15 minutes.

No credit card required. First analysis free.

How to use this calculator

1

Enter your property details

Input the purchase price, expected nightly rate, and occupancy percentage. Use market data from AirDNA, Rabbu, or comparable listings in your area.

2

Adjust your financing assumptions

Set your down payment, interest rate, and operating expense ratio to match your actual loan terms and management structure.

3

Review your estimate

See your estimated annual revenue, cash-on-cash return, DSCR, and break-even occupancy instantly. Then run a full AI analysis to verify with live market comps.

Frequently asked questions

How accurate is this STR calculator?

This calculator uses your inputs directly — it does not pull live market data. Accuracy depends on how realistic your ADR and occupancy assumptions are. For verified market data, use Underwrite's full analysis which pulls live Airbnb comps for your specific address.

What is a good cash-on-cash return for a short-term rental?

Most STR investors target 8–12% cash-on-cash return. Above 12% is considered excellent. Below 6% may not justify the operational complexity vs. a long-term rental.

What DSCR do lenders require for STR investment loans?

Most DSCR lenders require a minimum ratio of 1.0–1.25, meaning the property generates at least 100–125% of its debt service from income. A DSCR above 1.25 significantly improves loan approval odds and rate terms.

What operating expense ratio should I use?

STR operating expenses typically run 35–55% of gross revenue, depending on whether you self-manage (lower) or use a property manager (higher). The default 42% reflects self-managed properties in active markets.

Does this calculator account for taxes and depreciation?

No — this is a pre-tax cash flow model. It does not include income taxes, depreciation, or cost segregation benefits. Underwrite's full analysis includes a dedicated tax savings module.

Ready to analyze a real deal?

Paste a Zillow or Redfin URL and get a complete STR investment package — financial model, market comps, and pitch deck — in under 15 minutes. First analysis free.