Short-term rental calculator
Short stay or long lease: which earns more?
Compare renting a property as a short stay with a normal lease, after fees, cleaning, running costs and the loan. The numbers update as you go.
The property
The address it saves under in your plan.
Do you own it already?
State
Used for stamp duty.
Purchase price
$
Long-term: weekly rent
What it would rent for on a normal lease.
$
Short-term: pricing
Average nightly rate
$
Nights booked70%
20%95%
Check what similar listings nearby charge and how often they're booked.
The loan
Your deposit. The rest of the price, stamp duty and costs is treated as the loan.
$
Interest rate6.5%
4%10%
An assumption, with principal and interest repayments. A mortgage broker can tell you what applies to you.
Adjust the running costs
Long-term lease
Short stay
Loan and purchase