How does the market work?
Our market research that we conducted in Romania
Based on AirBNB in RO:
The average booking for these types of houses
124 €/ NIGHT
The avg. occupancy rate:
over a year in this case
40%
~12 days/month
60%
~18 days/month
80%
~24 days/month
124 € X 12 DAYS = 1.488 € / MONTH
124 € X 18 DAYS =2.232 € / MONTH
124 € X 24DAYS = 2.976 € / MONTH
Operational performance:
Two variations in optimizing efficiency
NOI?
(Net Operating Income)
V1: 25% NOI = 1.116 €
12×1.116 € = 13.400 €/year
V2: 50% NOI = 744 €
12×744 €= 8.928 €/year
V1: 25% NOI = 1.674 €
12×1.674 € = 20.000 €/year
V2: 50% NOI = 1.116 €
12×1.116 €= 13.400 €/year
V1: 25% NOI = 2.232 €
12×2.232 € = 26.700 €/year
V2: 50% NOI = 1.488 €
12×1.488 €= 17.800 €/year
NOI represents the total income generated from a property minus the operating expenses directly associated with the property.
Benefits not features
Designed from the ground up for AirBNB businesses
NOI
= net operating income avg. in 30 days
NOI = 1.538€
GRM
= gross rent multiplier
GRM = Total purchase price/Total annual net income
GRM = 2,12
CP
= cap rate in %
CP = NOI (annual)/Total purchase price
CP = 17.814€/37.800€
The 1% rule
Monthly gross returtn ≥ 1% of Total purchase
2.232€ ≥ 378€
Make sure you sign-up to our newsletter below to receive all the latest updates on how to generate income with our modular accommodation solutions
Have a question?
Contact us