Long-Term vs Short-Term Rental Calculator
Compare the financial returns of renting your property long-term versus listing it as a short-term rental on Airbnb or VRBO.
Property Details
Long-Term Rental
Short-Term Rental
Long-Term Rental
Short-Term Rental
STR vs LTR Monthly Difference
-$217
Break-Even Occupancy
75%
Furnishing ROI
N/A
LTR Cap Rate
3.65%
STR Cap Rate
3.22%
LTR Annual NOI
$21,900
STR Annual NOI
$19,297
What This Means
Long-term rental outperforms short-term rental by 217 per month. At the current occupancy rate and nightly rate, STR does not generate enough revenue to cover its additional costs. You would need a break-even occupancy of 75% to match LTR income.
RAZZ Insight
LTR is the safer bet here. You get stable monthly income protected by the Residential Tenancies Act, no turnover headaches, and no regulatory risk from tightening STR bylaws. If you still want STR upside, consider a hybrid approach: rent long-term for most of the year and do short-term during peak demand periods if your lease and condo rules allow it.
Results are estimates only and may vary based on lender policies, market conditions, and individual circumstances. Consult a mortgage broker or financial advisor for accurate figures.
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