STR vs LTR calculator — New Jersey
New Jersey investors navigate high taxes and dense regulation in many markets. Default rent inputs are drawn from HUD FMR data—this calculator handles the math you enter, not legal or rent-control outcomes. 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 $1,697 · Purchase $300,000
STR cash flow
$1,152
LTR cash flow
-$545
STR DSCR
1.72
LTR DSCR
0.66
STR assumptions
LTR assumptions
Results
Δ Cash flow
$1,697
Δ NOI/yr
$20,361
STR CF
$1,152
LTR CF
-$545
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)
$1,697
Δ NOI (annual, STR − LTR)
$20,361
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
$1,853
Monthly cash flow
-$545
NOI (annual)
$12,630
Cap rate
4.21%
DSCR
0.66
Below 1.0 is tight
Cash-on-cash
-10.89%
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 New Jersey
Real estate investing in New Jersey
Municipalities differ sharply on fees and landlord obligations. Pair numbers here with local counsel when rules affect achievable rent.
- Typical 2BR rent
- ~$1,950/mo
- Effective property tax
- ~2.08% of home value
- State income tax
- Up to 10.75%
Rent: HUD FMR 2025 · Property tax: Tax Foundation 2022 · Adjust all calculator inputs to match your specific deal.
Other calculators for New Jersey: BRRRR Calculator · Fix and Flip Calculator. All calculators · Investment property calculator