Str vs Ltr Calculator

The STR vs LTR Calculator compares short-term-rental and long-term-rental income for one property.

Formulas

STR annual gross revenue = nightly rate × 365 × occupancy rate. LTR annual gross revenue = monthly rent × 12 × (1 − vacancy rate). For each model, subtract annual operating expenses; cap rate = annual net income ÷ property value × 100.

Worked example

A $300,000 property earning$200 nightly at 60% occupancy generates $43,800 STR gross revenue before expenses. A$2,400 monthly lease at 5% vacancy generates $27,360 LTR gross revenue. Compare net income after each model's expenses, not gross revenue alone.

Limitations

The model excludes financing, taxes, furnishing, platform fees, cleaning, maintenance, insurance, local restrictions, and seasonality unless entered as expenses.