STR Market Analysis
I use the free version of AirDNA to determine is a property will actually profit or not. Ideal occupancy rate (# of times your booked per month) is 75%.
The Projected Yearly Revenue (PYR) is how much net the rental could make you per year, deducting expenses and upkeep.
Average Daily Rate (ADR) is the average other or similar properties are charging per night.
Another platform is Mashvisor.
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STR Market Analysis
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