Financial Breakdown | |
---|---|
Set Up: Deposit, 1st Months Rent, $4K furnishing | $5,226 |
Remainder: 11 months rent @ $613 +$100 utilities | $7,843 |
Total: | $13,069 |
12 Months Airbnb Revenue @ $2,815 | $33,780 |
Potential 1 Year Profit | $20,711 |
City | Cost of 2bed Apt | Avg Airbnb Revenue | Returns |
---|---|---|---|
Union City, NJ | $1,400 | $1,024 | -$376 |
Chicago | $1,636 | $1,180 | -$456 |
Miami | $1,648 | $1,155 | -$493 |
Somerville, MA | $1,854 | $1,352 | -$502 |
Philadelphia | $1,432 | $930 | -$502 |
San Diego | $1,132 | -$640 | |
Seattle | $1,917 | $1,249 | -$668 |
Denver | $1,722 | $996 | -$726 |
Astoria, NY | $2,138 | $1,334 | -$804 |
Brooklyn | $2,400 | $1,563 | -$837 |
Honolulu | $2,189 | $1,329 | -$860 |
Santa Monica | $2,741 | $1,828 | -$913 |
New York | $2,919 | $1,890 | -$1,029 |
Miami Beach | $2,693 | $1,610 | -$1,083 |
Los Angeles | $2,444 | $1,354 | -$1,090 |
Washington DC | $2,519 | $1,309 | -$1,210 |
Cambridge | $2,940 | $1,598 | -$1,342 |
San Francisco | $3,758 | $2,065 | -$1,693 |