A property booked by the night earns and spends money differently from one on a lease. This short-term rental DSCR calculator turns a nightly rate and an occupancy estimate into yearly income, loan coverage and cash flow. It then runs the same property on a 12-month lease so you can see how much the extra work is worth.
Short-term rental calculator
Model nightly income, operating costs and loan coverage, then compare the same property on a 12-month lease. Results are estimates, not a loan offer.
Short-term DSCR
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Monthly cash flow
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Break-even occupancy
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Against a 12-month lease
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Year one as a short-term rental
- Nights booked
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- Income per available night
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- Gross booking income
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- Operating costs
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- Net operating income
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- Loan payments
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Loan and cash
- Loan amount
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- Payment with taxes and insurance
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- Cash to close and furnish
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- Income a lender counts
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- DSCR on a 12-month lease
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- Lease cash flow each year
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The four numbers to check first
- Short-term DSCR shows whether the income a lender counts covers the payment.
- Monthly cash flow is what remains after every operating cost and the loan payment.
- Break-even occupancy is the booking level where cash flow reaches zero. The gap between it and your estimate is your cushion for a slow season.
- Against a 12-month lease shows the yearly difference between the two uses, and the occupancy at which they earn the same.
Worked example: $360,000 purchase at $240 a night
The calculator opens with this example at 62% occupancy and a 75% loan.
| Line item | Amount |
|---|---|
| Nights booked | 226 |
| Gross booking income | $64,011 |
| Loan amount | $270,000 |
| Payment with taxes and insurance | $2,408 a month |
| Short-term DSCR, counting 80% of income | 1.77x |
| Monthly cash flow | $225 |
| Break-even occupancy | 58% |
| DSCR on a $2,500 lease | 1.04x |
The coverage ratio looks strong, yet cash flow is only $225 a month. That gap is common. Coverage compares income with the loan payment, while cash flow also pays for cleaning, management and utilities. Break-even occupancy sits four points below the estimate, so a weak season would erase the margin. The property still earns about $6,099 a year more than the lease, and the two uses match at 52% occupancy.
Where the estimate is most sensitive
- Occupancy. Lower it by ten points and read the cash flow again before you trust a projection.
- Management. Full-service short-term management costs more than long-term management. Use a written quote.
- Insurance. A short-term rental policy can cost more than a landlord policy. Enter a quote for the address.
- Local rules. A permit cap or a minimum-stay rule can remove the short-term option entirely.
Related tools and guides
- DSCR loans for short-term rentals for program terms.
- Short-term rental loans for purchase and refinance options.
- Short-term rental DSCR loan rates for current pricing context.
- Airbnb furniture financing to fund the setup budget.
- DSCR calculator for a long-term rental on its own.
- Deal analyzer to compare a flip, a BRRRR and a rental purchase.
Get pre-qualified for a short-term rental loan · (833) 264-7776
Calculator outputs are educational estimates only. Income projections are not guarantees. Rates, terms and leverage are offered only to qualified borrowers and are subject to change without notice. All loans are subject to full underwriting. Jaken Finance Group only finances non-owner-occupied investment properties.