5 ms·
The target customer is people with extra land who would like to put up an ADU on their land to make extra revenue from AirBNB. It could probably pay for itself
by xwdv 5y ago
The target customer is people with extra land who would like to put up an ADU on their land to make extra revenue from AirBNB. It could probably pay for itself within a year.
- Mumps 5y agowithin a year? probably pretty aggressive goal. Cheap case, $50k for the unit, $10k all setups (really really conservative). that's $5k revenue per month, or ~$165 per night averaged. Yes, some places could rent for ~$200/night, but I doubt you'll have 100% occupancy rate.
- xwdv 5y agoIf you go for the aggressive goal you’ll probably fail but still get farther than if you pursued the modest goal. Besides, as an Airbnb rental it would definitely pay for its own mortgage over time.
- wintermutestwin 5y agoIn my CA county, the newest ADU rule states that it can't be used for short term rentals. Of course, you are grandfathered in if you already had an ADU.