$525,000
Avg. Purchase Price
$195
Avg. Nightly Rate
65%
Avg. Occupancy
urban
Market Type
Austin is one of the hottest STR markets in Texas, driven by SXSW, ACL Festival, Formula 1, and a booming tech industry. The city attracts young professionals and tourists year-round.
Property Details
$
Total property acquisition cost
%
%
years
$
Average rate per night
%
Expected annual occupancy
$
Per turnover
nights
%
Airbnb/VRBO service fee (typically 3%)
$
Annual
$
Annual
$
Monthly average
$
Monthly
%
% of revenue
%
% of revenue (0 if self-managing)
Monthly Cash Flow
-$76
-$907 / year after all expenses
Proceed with Caution
Break-even at 67% occupancy
Cash-on-Cash
-0.6%↓
Return on your cash invested
Cap Rate
5.8%–
NOI / Purchase price
Break-Even
67%–
Minimum occupancy needed
Turnovers/Year
80
237 nights occupied
Financial Summary
Annual Gross Revenue$57,464
Annual Expenses
Platform Fees$1,724
Property Tax$6,038
Insurance$2,100
Utilities$3,000
Maintenance Reserve$2,873
Cleaning Costs$11,200
Total Expenses$26,935
Net Operating Income$30,529
Annual Mortgage-$31,436
Annual Cash Flow-$907
Your Investment
Down Payment$131,250
Est. Closing Costs (3%)$15,750
Total Cash Needed$147,000
Loan Amount$393,750
Monthly Mortgage (P&I)$2,620
Austin STR Market Highlights
- 1Major events (SXSW, ACL, F1) drive premium pricing periods
- 2Booming tech industry creates strong corporate housing demand
- 3Live music capital draws consistent tourist traffic
- 4No state income tax benefits investor returns
Seasonality in Austin
Strong year-round with peaks during major events (March for SXSW, October for ACL, November for F1). Summer sees family travelers.
Austin STR Regulations
More Calculators
Furnishing Budget
Planning to furnish? Estimate your setup costs
Co-Host Splitter
Working with a co-host? Calculate fair splits
Airbnb vs Long-Term Rental
Not sure which strategy? Compare Airbnb vs Long-Term
DSCR Calculator
Getting a DSCR loan? Check if you qualify
VRBO Calculator
Listing on VRBO? Analyze with lower host fees
Arbitrage Calculator
Not buying? Analyze rental arbitrage instead
Frequently Asked Questions
Market averages are estimates for educational purposes only. See full disclaimer