Short-Term Rental (Airbnb) Cash-on-Cash Calculator
Measure the cash-on-cash return of a short-term rental after occupancy, cleaning, platform fees and debt service, with a DSCR check.
- STR Occupancy
- 65%
- Mature listing
- Platform Fee
- 3–15%
- Host fee
- Target CoC
- 10–15%
- STR leveraged
Formula & Statutory Rule
Formula
cash_on_cash = annual_pre_tax_cash_flow / cash_invested × 100
Statutory Rule
gross_rent = nightly_rate × 365 × occupancy; DSCR = NOI / debt_serviceRegional Benchmark Reference
| Jurisdiction / Tier | Rate or Limit | Statutory Note |
|---|---|---|
| Occupancy | 65% | Mature |
| Platform fee | 3–15% | Host |
| Target CoC | 10–15% | Leveraged |
Frequently Asked Questions
How is STR income modelled?
Use the average nightly rate multiplied by the occupancy percentage to derive annual gross rent.
What extra costs do STRs carry?
Cleaning, supplies, platform fees, utilities and higher insurance, all of which reduce NOI.
What occupancy should I assume?
A mature listing in a strong market averages around 65%; new listings ramp up over the first year.
Does DSCR still apply?
Yes. Lenders underwrite STR loans on projected rental income and typically require a DSCR above 1.25×.