Nightly income, season by season.
Set nightly rates and occupancy for peak, shoulder and low months, add your real costs, and compare the result with a long-term lease on the same property.
01Nightly rate, occupancy & seasons
Tap a month to change its season
02Financing
03Operating costs
Fields start with example values, not market data or a forecast for any area. Use your own comps, a local manager’s projection, or a property’s booking history.
Long-term vs. short-term
Same price and financing. The long-term column uses the rent and expense assumptions from the long-term rental analyzer.
| Annual view | Long-term rental | Short-term rental |
|---|---|---|
| Gross income / yr | $28,800 | $57,600 |
| Operating costs / yr | $12,209 | $26,516 |
| Net operating income / yr | $16,591 | $31,084 |
| Cash flow / yr | −$11,727 | $2,766 |
| Cash invested | $126,000 | $151,000 |
| Cap rate | 3.69% | 6.91% |
| Cash-on-cash | -9.3% | 1.8% |
| DSCR (income ÷ PITIA) | 0.85 | 1.69 |
Highlighted = the stronger figure on that line. Short-term rentals are more hands-on and depend on local rules, so cash flow is only part of the decision.
Estimates for illustration only. This is not a loan offer, rate quote, or commitment to lend. Every figure is calculated from the numbers entered above. The interest rate is an example you supply, not an advertised rate. Taxes, insurance, rents, nightly rates and occupancy are your assumptions. Actual loan terms, rates, DSCR calculations and eligibility depend on program guidelines, credit, property, appraisal and underwriting. Mortgage insurance and income taxes are not included. Guest-paid lodging taxes are left out because they are collected and remitted for the guest. Check local short-term rental rules and HOA restrictions before you buy.
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Austin Gerimonte, NMLS #2277430 · CrossCountry Mortgage, LLC NMLS #3029 · Equal Housing Lender · NMLSConsumerAccess.org