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. Enter the property's current Airbnb/VRBO nightly rates, list price, and HOA dues — the rest follows Diane's standard assumptions, which you can adjust.

The Property

From the MLS listing and current Airbnb / VRBO comps.

Operating Assumptions

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

Owner's Pro Forma

Blended nightly rate $337 × 281 nights

Cap Rate (Cash on Cash)
3.2%
Net to Owner / yr
$37,823
Gross rental revenue$94,697
Management fee (25%)−$23,674
Net before expenses$71,023
HOA dues−$13,200
Internet / phone / linens−$900
Electric−$3,000
Property tax (TVR-STR)−$15,300
Insurance−$800
Net to Owner$37,823
Cap Rate (Cash on Cash)3.2%
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 short-term-rental rules are changing. Some 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. Whether a specific unit is affected changes the picture entirely, so confirm a property's 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.