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Can I use DealCheck to analyze Airbnb's and vacation rentals?

Written by Cindy Bellford

Yes, you definitely can. Our rental and BRRRR analysis calculators have been designed to allow evaluation of Airbnb's, VRBOs, short-term rentals and vacation rentals in addition to long-term rental properties.

Rental vs BRRRR Calculator

Our rental calculator is more appropriate if you're buying the property with long-term financing and are not doing extensive rehab work.

The BRRRR calculator is better if you're buying the property with short-term financing, performing extensive rehab work, and then refinancing it prior to finding tenants.

Analyzing Short-Term Rental Properties

In most cases, analyzing short-term or medium-term rentals is nearly identical to analyzing long-term rental properties.

Once you enter your purchase price, financing, rehab costs, estimated rent and operating expenses on the Purchase Worksheet page, DealCheck will calculate a full analysis and long-term projections of the property for you.

To help with analyzing short-term rentals specifically, we give you the option to enter the Gross Rent on a daily or weekly basis, which is usually more common:

Short-term rental rental income example

And, we also provide many different ways to customize your operating expenses, so you can enter your cleaning, upkeep and other costs:

Short-term rental operating expenses example

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Note: the above screenshots were taken from our website, but the same features can be found in our iOS and Android apps as well.

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