Diane Bercik

Maui Rental ROI Calculator

Estimate cash flow, cap rate, and cash-on-cash return on a Maui short-term vacation rental.

A quick owner's pro forma for a Maui vacation rental, using the same model Diane runs by hand. Pick the unit size to load typical Maui figures, then fine-tune the property's nightly rates, list price, and HOA. Returns are shown across three occupancy levels.

The Property

Pick your complex to load Diane's typical figures, then fine-tune.

Property: complex name or address
Bedrooms
Loads typical figures for this unit size, adjust below.

Operating Assumptions

Diane's standard assumptions, adjust per property. Property tax auto-set to current Maui TVR-STR rates.

Owner's Pro Forma

Net return at three occupancy levels

65% occ
1.7%
cap rate
$16,461
net / yr
75% occ
2.4%
cap rate
$23,687
net / yr
85% occ
3.2%
cap rate
$30,718
net / yr
Detail at 75% occupancy
Gross rental revenue$71,350
Management fee (25%)−$17,837
Net before expenses$53,512
HOA dues−$13,200
Electric−$3,000
Property tax (TVR-STR)−$12,825
Insurance−$800
Net to Owner$23,687
Cap rate2.4%
Also budget separately for: internet & cable, phone, linens & supplies, furnishings, and periodic repairs/maintenance. These aren't in the figures above. Ask Diane for a complete operating breakdown.
Cleaning fees and Hawaii GET/TAT taxes are paid by guests and flow through to the cleaning company and tax department, so they're excluded here, per Diane's pro forma.
⚠ Maui STR rules are changing

Many apartment-zoned condos (the County's “Minatoya list”) face a vacation-rental phase-out. West Maui by 2029, the rest of the county by 2031. Enter the complex name above to check, and confirm a property's zoning and STR status with Diane before relying on these numbers.

For illustrative purposes only. This does not consider your personal investment objectives or financial situation, and the risk of loss should be considered. Figures use a blended seasonal nightly rate (weighted toward the low season) and estimate property tax at the full purchase price. ROI is a cash-on-cash calculation; no depreciation or discounted cash flow applied. Always do your own due diligence and verify all numbers. Unit type, location, view, and market conditions must always be considered.

Thinking about making a move on Maui?

Whether you’re buying, selling, or just dreaming, let’s talk, or get Diane’s Maui market updates delivered to your inbox.