The below link takes you to a vacation rental home calculator in an Excel spreadsheet. This spreadsheet is in the 2016 version of Microsoft Excel 2016. For a spreadsheet, it is fairly elementary. A video is also on this page to give you a few pointers on how to best use this calculator.
Some platforms like Microsoft Edge will allow you to see the spreadsheet in a read-only form first. You may need to download the spreadsheet and then enable editing to complete. Please note that much of the spreadsheet is password protected so that formulas can not be deleted. You should be able to fill in all the red input cells on the input page. If you can not get the download to work, call or email us and we will be happy to enter your numbers and provide you with the calculated information.
Place expenses, income and loan information into this vacation rental home calculator on the input sheet. Then go to the report sheet to see if the home will provide you income or cost you money. We’ve been helping people complete these calculators for years here on the Outer Banks. As a result, we have a pretty good idea of individual expenses and how much you can generate on each home. If you need some ball park numbers for insurance, pool and hot tub maintenance or other items please feel free to call or email us.