The monthly net operating income by bedroom count is based on 50 percent operating expenses. To create the report, over 1.6 million rental listings created on RentHop from March 1st through August 31st were analyzed. In NYC, according to the report, owners can make 192.84 percent more renting their one bedroom out as a long-term rental, 84.67 percent more renting their two bedroom out as a long-term rental, 62.27 percent more renting their three bedroom out as a long-term rental, and 42.03 percent more renting their four bedroom out as a long-term rental. The study found that long-term rentals are more favorable in cities with high rents for standard-length leases-places like NYC. The new study from RentHop, which used monthly vacation rental data from AirDNA, compares rents and demand for long-term and vacation rentals in the 50 largest U.S. With rents soaring in New York City, it stands to reason that owners of rental properties earn more from long-term leases as opposed to short-term rentals on platforms like Airbnb, but how much more? A new study says as much as nearly 200 percent more.
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