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.

The Property

From the MLS listing and current Airbnb / VRBO comps.

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

Across 281 booked nights / year

Cap Rate (Cash on Cash)
2.6%
Net to Owner / yr
$25,692
Gross rental revenue$73,172
Management fee (25%)−$18,293
Net before expenses$54,879
HOA dues−$13,200
Electric−$3,000
Property tax (TVR-STR)−$12,188
Insurance−$800
Net to Owner$25,692
Cap Rate (Cash on Cash)2.6%
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.

Ask Diane about this property

For illustrative purposes only — this does not consider your personal investment objectives or financial situation, and the risk of loss should be considered. Figures assume a ~7% reduction in standard nightly rates and occupancy and property taxes at 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.