Short-Term Rental DSCR

Two views at once: real investor cash flow with full occupancy analysis, and lender DSCR with the conservative STR haircut. Live rate quote included.

Airbnb / VRBO Seasonal Occupancy Dual DSCR View STR-Friendly Lender
Investor DSCR
Your actual NOI ÷ Full PITIA
——
Lender DSCR
75% of gross income ÷ PITIA
——
STR Income
$
%
Airbnb host fee ~3%. VRBO ~5%.
Annual Occupancy Rate
62%
National STR avg ≈ 55–68%. Beach/mountain markets: 65–80% peak season.
Enter occupancy % for each month. Avg shown above updates automatically.
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Gross Rev / mo
Platform Fees / mo
Mgmt Fee / mo
Net STR Income / mo
STR Operating Costs
%
STR mgmt typically 20–30%.
$
Per-stay fees × avg monthly turns.
$
$
Property & Loan
$
%
$112,500 — 75% LTV
Annual Fixed Costs
$
= $450/mo
$
= $200/mo
$
Monthly Cash Flow Breakdown
Gross STR Revenue
Platform Fees
Property Management (25%)
Cleaning + Supplies
Utilities
Net STR Income
Taxes + Insurance
HOA
Net Operating Income (NOI)
Mortgage P&I
Monthly Cash Flow
Lender DSCR (75% Haircut)
Enter ADR and occupancy above
Live Rate (STR)
Loan Amount
Monthly P&I
PITIA (Debt Service)
LTV
Investor DSCR
Annual Cash Flow
Cash-on-Cash Return
Two DSCR views: Investor DSCR uses your actual NOI after all operating costs. Lender DSCR applies a 75% haircut to gross STR income — the conservative view used by most DSCR lenders. Both must tell a story you're comfortable with.

Why Lenders Haircut STR Income

STR revenue is volatile. Lenders don't know your future occupancy — they discount gross income by 25% to stress-test the deal. A 75% income haircut means a property grossing $4,000/mo gets underwritten at $3,000. Use the conservative DSCR to know your loan qualification outlook.

Occupancy Is Your Biggest Variable

ADR is easy to research on Airbnb. Occupancy is harder. Pull comparable listings in your target market on AirDNA or Mashvisor. Model at 60%, 70%, and 80% to see how sensitive your cash flow is before you commit.

Cash-on-Cash Return

Annual cash flow divided by cash invested (down payment + closing costs). STR properties targeting 8–12% CoC are a strong hold. Below 5% and you're counting on appreciation to justify the operational headache. This calculator uses down payment as the cash-in basis.

No Income Docs Still Applies

DSCRFlow's STR program qualifies on property cash flow, not your W-2. The lender DSCR above is what gets underwritten. As long as it's ≥ 0.75, you're in the program. At 1.0 you're on standard terms. At 1.25+ you get best-rate pricing.

Frequently Asked Questions

Can I use DSCRFlow for an Airbnb property?

Yes. DSCRFlow's programs explicitly allow short-term rental (STR) and Airbnb properties. Select "STR/Airbnb" in the application. Lenders apply a conservative income assessment — the 75% haircut model in this calculator reflects the standard approach.

What income documentation do lenders want for STR?

Typically an Airbnb/VRBO income history (12 months preferred), or a lease/rental estimate from a local STR property manager. No tax returns or W-2s required. A market rent analysis can substitute for new properties with no history.

How does the lender DSCR haircut work?

Lenders take your gross STR income and multiply by 0.75 (or sometimes 0.70). That reduced number is the "income" used in the DSCR calculation. Example: $4,000 gross STR × 0.75 = $3,000 underwritten income ÷ $2,800 PITIA = 1.07 DSCR. This calculator models the 75% standard.

What's the minimum down payment for an Airbnb DSCR loan?

15% minimum (85% LTV). Standard is 20–25%. 75% LTV gets best-rate pricing. For an STR, we recommend modeling at 20–25% down to give yourself cushion on the DSCR ratio after the income haircut.

Should I compare this with the Airbnb DSCR Calculator?

Yes. The Airbnb Deep Dive gives a more detailed occupancy and expense breakdown. This STR calculator adds the dual DSCR view (investor + lender) and live loan rates. Run both to see the full picture before committing.

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