STR vs LTR calculator — Maryland
Maryland spans expensive metro suburbs and very different small markets. Default rent inputs are drawn from HUD FMR data—match rent and tax assumptions to the municipality, not the whole state. Same math as the national STR vs LTR calculator; numbers are educational—not lender instructions.
Calculator
STR vs LTR
Compare operating scenarios on the same financing. Adjust occupancy, fees, and rent to see cash flow and coverage.
Δ cash flow $1,744 · Purchase $300,000
STR cash flow
$1,152
LTR cash flow
-$592
STR DSCR
1.72
LTR DSCR
0.63
STR assumptions
LTR assumptions
Results
Δ Cash flow
$1,744
Δ NOI/yr
$20,931
STR CF
$1,152
LTR CF
-$592
STR vs LTR calculator
Compare short-term (nightly) and long-term rent on the same property. STR uses annual occupancy and platform fees; LTR uses contract rent and vacancy. Shared mortgage and purchase price apply to both—numbers are illustrative.
Short-term (STR)
Long-term (LTR)
Shared
Comparison
Δ Monthly cash flow (STR − LTR)
$1,744
Δ NOI (annual, STR − LTR)
$20,931
Short-term (STR)
Effective monthly income
$3,549
Monthly cash flow
$1,152
NOI (annual)
$32,991
Cap rate
11.00%
DSCR
1.72
Above 1.0 covers debt
Cash-on-cash
23.05%
Long-term (LTR)
Effective monthly rent
$1,805
Monthly cash flow
-$592
NOI (annual)
$12,060
Cap rate
4.02%
DSCR
0.63
Below 1.0 is tight
Cash-on-cash
-11.84%
STR gross bookings = nights booked × nightly rate (nights = 365 × occupancy %). Net of platform fees = gross × (1 − fee %). LTR uses contract rent with vacancy. Loan balance = purchase × (1 − down %).
Frequently asked questions
- How do STR platform fees affect returns?
- Platform fees reduce gross booking revenue before operating expenses. This calculator applies your fee percentage to gross nightly revenue after occupancy.
- What occupancy makes short-term rental worth it vs long-term?
- It depends on nightly rate, fees, and expenses. Raise occupancy or nightly rate until STR cash flow and NOI beat your long-term rent scenario on the same financing.
Real estate investing in Maryland
Real estate investing in Maryland
County-level property taxes and fees vary. Investors near DC often face a different rent regulation context than western MD—underwrite locally.
- Typical 2BR rent
- ~$1,900/mo
- Effective property tax
- ~1.09% of home value
- State income tax
- Up to 5.75%
Rent: HUD FMR 2025 · Property tax: Tax Foundation 2022 · Adjust all calculator inputs to match your specific deal.
Other calculators for Maryland: BRRRR Calculator · Fix and Flip Calculator. All calculators · Investment property calculator