STR Investor Portal
Underwrite a short-term rental before you buy it.
Estimate what a property could earn, study the market around it, and run the full deal — purchase price, financing and operating costs — to see the cash flow, cap rate, cash-on-cash return and break-even occupancy.
What members get
Property estimator
Enter an address and see an estimated nightly rate, occupancy and annual revenue for that area.
Market reports
Review short-term rental performance by city or neighborhood, with the source and as-of date on every figure.
Deal analyzer
Add purchase price, financing and operating costs to see monthly and annual cash flow, cap rate, cash-on-cash return and break-even occupancy.
Saved properties
Name each property you run the numbers on, then compare up to three side by side.
How the money works
Where the rent goes, one step at a time
A short-term rental is not the nightly rate multiplied by 365. It is booked nights, then platform fees, then cleaning, then the lease you owe the owner, then the running costs, then what is actually left. Here is the whole path on an example two-bedroom, before you run it on a real address.
1 · Booked nights
219 nights
365 nights × 60% occupancy
2 · Guest receipts
$57,305
$220 a night plus cleaning fees
3 · Platform fees
−$2,292
4.0% blended, by channel mix
4 · The owner's rent
−$19,800
$1,650 a month for 12 months
5 · Left for you
$1,933
per year, after operating costs and startup cash
Cleaning fees
What does a turnover cost, and what can you charge for it? A longer average stay means fewer turnovers, so less cleaning cost and less wear.
Occupancy taxes
What does the guest pay on top, and who sends it in? Confirm the local rate with the city, and check whether each platform remits for your address.
Startup cash
How much cash goes in before the first guest arrives? Furnishing costs vary widely. A mid-term (30+ night) setup needs less furniture turnover than a nightly one.
Members open the guided version: ten steps, every figure editable, with the 25th/75th percentile range, the platform fee and occupancy tax assumptions, low/expected/high scenarios, sliders, and a PDF summary they can keep. The example above uses 3% Airbnb split-fee and $1,650 monthly lease rent.
Example figures only. Estimates, not guarantees — actual rates, occupancy, expenses and local rules vary. Platform fee percentages change, so check the current rates with each platform.
Where the numbers come from
Every estimate and market report names its data source and the date that data is current as of. Figures come from the free Inside Airbnb dataset we import city by city, from hotel occupancy tax receipts, and from comps members record themselves. Nothing is scraped from Airbnb, VRBO or a subscription research service, and no figure is presented as a promise of income.
These figures are estimates built from the data source shown, not a guarantee of income. Actual nightly rates, occupancy and expenses vary with season, local rules and how the property is operated.
STR Investor Portal
Its own monthly subscription, separate from any other Lucere Estates plan. Cancel any time from your billing settings and your access runs to the end of the paid period.
- Property estimatorEnter an address and see an estimated nightly rate, occupancy and annual revenue for that area.
- Market reportsReview short-term rental performance by city or neighborhood, with the source and as-of date on every figure.
- Deal analyzerAdd purchase price, financing and operating costs to see monthly and annual cash flow, cap rate, cash-on-cash return and break-even occupancy.
- Saved propertiesName each property you run the numbers on, then compare up to three side by side.
Subscriptions are paid by card; Square does not offer Cash App Pay on recurring plans.
These figures are estimates built from the data source shown, not a guarantee of income. Actual nightly rates, occupancy and expenses vary with season, local rules and how the property is operated.
Need one agreement prepared, or a single deal set up end to end? See one-time services.
Lucere Estates — A Crystallized Ventures Initiative