Tools · Investor
Keys vacation-rental estimator
Back-of-envelope cash flow for a VR-permitted Keys property. Plug in realistic rate, occupancy, and operating assumptions to see cap rate and cash-on-cash before touring.
Inputs
Financing (optional)
Results
Annual cash flow (after debt)
-$38,383
Cap rate: 2.94% · Cash-on-cash: -12.79%
- Nights booked / yr
- 237
- Gross annual revenue
- $106,763
- Management fee
- -$21,352
- Cleaning turnover
- -$7,117
- Utilities
- -$4,800
- HOA
- -$0
- Property tax
- -$9,000
- Insurance (H+F+W)
- -$11,200
- Maintenance reserve
- -$18,000
- Net operating income
- $35,293
- Annual debt service
- -$73,675
- Cash invested
- $300,000
This tool models a back-of-envelope pro forma. Actual results depend on zoning (VR-permitted vs. not), seasonality, rate competition, and local regs. Gracie's investor workflow includes subdivision-by-subdivision VR eligibility confirmation before you write an offer.
Calculators on this site are estimates. They are not offers of credit, quotes, or financial advice. For a real number, contact Gracie and we'll loop in a Keys-savvy lender and title company.
Talk to Gracie
Looking for VR-eligible Keys inventory?
Gracie keeps a working list of VR-permitted subdivisions and current inventory. Ask for the shortlist.