REI Lense Airbnb Calculator STR LTR MTR
Free Airbnb calculator for rental profitability
What is REI Lense Airbnb Calculator STR LTR MTR?
REI Lense is a free calculator designed to help property owners and investors assess the profitability of short-term rental properties on platforms like Airbnb. The tool accounts for multiple rental models, including short-term rentals (STR), long-term rentals (LTR), and medium-term rentals (MTR), allowing users to compare income potential across different strategies for the same property. By inputting property details and expected rental rates, users can quickly estimate gross revenue, expenses, and net profit to inform their investment decisions. The freemium model means basic calculations are available at no cost, making it accessible for new investors exploring rental property opportunities.
Key Features
Multi-model rental calculator
compare STR, LTR, and MTR profitability on the same property
Expense tracking
factor in mortgage, utilities, taxes, cleaning, maintenance, and platform fees
Occupancy rate adjustments
model different booking scenarios and seasonal variations
Quick profitability estimates
calculate net income and return on investment for each rental model
Freemium access
basic calculations available without payment; premium features for detailed analysis
Pros & Cons
Advantages
- Free to start with no sign-up required for basic use
- Helps investors compare multiple rental strategies for a single property
- Saves time by automating calculations that would otherwise require spreadsheets
- Straightforward interface focused on the numbers that matter to rental investors
Limitations
- Limited to theoretical estimates; actual results depend on local market conditions and your management
- Freemium model may restrict advanced features like multi-property analysis or detailed expense breakdowns
Use Cases
Deciding whether to list a property on Airbnb or rent it long-term
Comparing potential income from short-term versus medium-term rental strategies
Estimating monthly cash flow and annual returns before purchasing an investment property
Analysing how different occupancy rates affect overall profitability