Strategy Comparison

What it is

The LTR / MTR / STR comparison panel on the Deal Workroom, which models a deal three different ways side by side: standard long-term lease (LTR), furnished mid-term rental (MTR), and nightly short-term rental (STR) — see the Glossary for what distinguishes each.

Why / when you'd use it

Useful whenever a property could plausibly work under more than one rental model and you want a real, apples-to-apples comparison rather than a guess about which pays better.

Checking STR regulatory status first

Before the assumption fields, this panel shows a banner with the property's STR regulatory status — Verified allowed, Possibly allowed, Restricted, Not allowed, or Unknown — with a warning note if relevant. Check this before assuming STR is viable; a great STR projection doesn't matter if short-term rentals aren't actually permitted at that address.

Running a comparison

Fill in assumptions for each strategy:

MTR assumptions: Monthly rate, Occupancy %, Avg stay (months), Turnover cost

STR assumptions: Avg nightly rate, Occupancy %, Variable cost/night, Monthly fixed costs

(LTR uses the unit rents already on file — no separate assumptions needed.)

Select Compare strategies:

Strategy comparison results across LTR, MTR, and STR

The results table shows Gross revenue, NOI, Cash flow, Cash-on-cash return, and Break-even occupancy for each strategy, so you can see directly which one produces the strongest numbers for this specific property.

What's next

Model the STR case in more depth, month by month: STR Scenarios (on the property page)
Check what real market data supports these assumptions: Research