$975,000
Avg. Purchase Price
$375
Avg. Nightly Rate
68%
Avg. Occupancy
beach
Market Type
Key West's unique island culture, sunsets, and year-round warm weather make it a premium STR market. Limited inventory supports high nightly rates.
Property Details
$
Financing
%
%
years
Expected Income
$
%
nights
%
Need better revenue assumptions?
Operating Expenses
$
$
$
$
$
%
%
Monthly Cash Flow
$653
Annual Cash Flow
$7,841
Cash-on-Cash Return
2.9%
Cap Rate
6.8%
Break-Even Occupancy
62%
Viable deal
Main cushion: break-even is 6 pts below modeled occupancy.
Comparing multiple properties?
Compare 5 deals side by side. One-time purchase, $29.
Key West STR Market Highlights
- 1Unique tropical island atmosphere in continental US
- 2Year-round warm weather destination
- 3Cruise ship day visitors expand tourism base
- 4Fantasy Fest and other events drive premium periods
Seasonality in Key West
Strong year-round with peaks in winter (January-April) when weather is perfect.
Analyze for VRBO Instead
Model this property with VRBO's 5% commission plus processing assumption.
Key West STR Regulations
Key West has strict STR regulations with transient license requirements. Limited licenses available.
View Full RegulationsNearby Markets
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
Arbitrage Calculator
Not buying? Analyze rental arbitrage instead
Frequently Asked Questions
Exploring other markets?
View All MarketsMarket averages are estimates for educational purposes only. See full disclaimer