![]() Thankfully, there are tools like AirDNA to help hosts forecast revenue, but those tools might leave you wondering – is this even accurate? Whether you're an experienced Airbnb host or just getting started, the AirDNA Rentalizer is a useful tool for understanding the earning potential of your property.One of the hardest aspects of starting an Airbnb is knowing how much you’ll actually earn and whether or not a certain property is a good short-term rental investment. This is a valuable tool for both existing Airbnb hosts who want to compare their home's performance to others in the area, and investors who are considering expanding their business. Additionally, the AirDNA Rentalizer recently added a financial calculator that allows you to input your major expenses. This can be extremely helpful if you're looking to expand your business by investing in new properties. By inputting this information, the Rentalizer can give you a comparative analysis of similar Airbnb investment properties in your area. It also takes into account a variety of factors, including annual revenue, average daily rate, occupancy rate, and a 12-month forecast. It also factors in market-wide metrics such as seasonality, rental demand, and revenue growth in its final calculations. ![]() It then gathers a list of nearby properties and creates an index based on relevance. First, the Rentalizer will ask you to type in a street address as well as the number of bedrooms, bathrooms, and guest capacity.
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