Short-term vs. Long-term Rental Imcome

Short-term vs. Long-term Rental Imcome
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Many property owners could be lured into the belief there’s HUGE income potential from putting their cabin into a weekend or short-term cabin rentals program. Let’s make a quick comparison between the income potential between Long-Term and Short-Term rental programs:

                                       Long-Term     Short-Term

Occupancy Rate                100%           70-75%

Monthly Income             Consistent     Variable

Management Fees            10%             35-45%

Maintenance Expenses   Scheduled    Immediate

Net Operating Income    ~12-15%     Target 10%

The anticipated changes to the TAX PLAN will likely have an impact on home mortgage interest deductions, too.

We can help you evaluate your specific property to determine if Long-Term Rental Income works for you.  Give Us a Call!  706-946-2424

Mountain Place Home Management – your Preferred Property Partner – offers long-term residential property management in Ellijay, Blue Ridge and Blairsville and other communities in north Georgia.