Short-Term Rentals
Short-Term Rentals
Renovate, license, and furnish single-family homes tailored for Airbnb & VRBO in Philadelphia. While this investment strategy demands a higher upfront investment for upscale renovations, the result is a superior Average Daily Rate (ADR) and a robust cap rate or cash-on-cash return – outperforming traditional long-term holds. Elevate your returns with our innovative short-term rental investment strategy.
Renovate, license, and furnish single-family homes tailored for Airbnb & VRBO in Philadelphia. While this investment strategy demands a higher upfront investment for upscale renovations, the result is a superior Average Daily Rate (ADR) and a robust cap rate or cash-on-cash return – outperforming traditional long-term holds. Elevate your returns with our innovative short-term rental investment strategy.
Airbnb is part of the S&P 500
Robust returns and tax benefits
Hosts enjoy up to $1 million in liability coverage for tenant-caused damages
Ideal for families and friends sharing a single space
Facilitates equity buildup and future Home Price Appreciation (HPA) benefits
Airbnb is part of the S&P 500
Robust returns and tax benefits
Hosts enjoy up to $1 million in liability coverage for tenant-caused damages
Ideal for families and friends sharing a single space
Facilitates equity buildup and future Home Price Appreciation (HPA) benefits
The Cons of Short Term Rentals
Full Occupancy is Unlikely: Expect fluctuations in visits, with some months more profitable than others.
Renovation Matters: A well-renovated home with attractive local attractions enhances Airbnb success.
Development Costs: Anticipate higher development costs attributed to finishes, furnishings, and necessary permits and licenses.
The Cons of Short Term Rentals
Full Occupancy is Unlikely: Expect fluctuations in visits, with some months more profitable than others.
Renovation Matters: A well-renovated home with attractive local attractions enhances Airbnb success.
Development Costs: Anticipate higher development costs attributed to finishes, furnishings, and necessary permits and licenses.
Success Story
Musgrave, a top-performing Airbnb in Philadelphia, generated $7,160 in May and $3,009 in our slowest month, October, after accounting for cleaning and occupancy expenses. With a PITI of $2,000, we have $67,245 in cash left in the deal after all loans and expenses. In 2023, our Airbnb, Musgrave, yielded a total profit of $45,096.28, with expenses, including mortgage payments, netting $27,885. Our impressive return on total cash invested stands at 25.52%, surpassing benchmarks like the S&P 500, CDs, REITs, and long-term rentals.
Success Story
Musgrave, a top-performing Airbnb in Philadelphia, generated $7,160 in May and $3,009 in our slowest month, October, after accounting for cleaning and occupancy expenses. With a PITI of $2,000, we have $67,245 in cash left in the deal after all loans and expenses. In 2023, our Airbnb, Musgrave, yielded a total profit of $45,096.28, with expenses, including mortgage payments, netting $27,885. Our impressive return on total cash invested stands at 25.52%, surpassing benchmarks like the S&P 500, CDs, REITs, and long-term rentals.
