{"id":544,"date":"2026-07-01T01:21:38","date_gmt":"2026-07-01T05:21:38","guid":{"rendered":"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/"},"modified":"2026-07-11T00:28:36","modified_gmt":"2026-07-11T04:28:36","slug":"airbnb-cap-rate","status":"publish","type":"post","link":"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/","title":{"rendered":"Honest Airbnb Cap Rate Guide for STR Investors"},"content":{"rendered":"<p><!-- Focus Keyword: airbnb cap rate --><br \/>\n<!-- Title: Honest Airbnb Cap Rate Guide for STR Investors --><\/p>\n<p>Short-term rental investing runs on different math than buying a buy-and-hold long-term rental. A Nashville vacation cabin might pull $72,000 in gross Airbnb revenue on a property that a standard tenant would rent for $2,200 a month \u2014 but that doesn&#8217;t mean the cabin is automatically the better investment. Airbnb cap rate calculations have to account for cleaning fees, platform commissions, seasonal vacancy, furnishing depreciation, and regulation risk that traditional rental analysis never touches. Run the numbers wrong and you&#8217;ll overpay, underestimate expenses, and wonder why the cash flow you projected never showed up. This guide walks you through exactly how to calculate it the right way, what numbers to expect in popular STR markets, and the mistakes that quietly destroy returns.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#What_Is_Airbnb_Cap_Rate\" >What Is Airbnb Cap Rate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Airbnb_Cap_Rate_vs_Traditional_Rental_Cap_Rate\" >Airbnb Cap Rate vs. Traditional Rental Cap Rate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#How_to_Calculate_Airbnb_Cap_Rate_Step_by_Step\" >How to Calculate Airbnb Cap Rate Step by Step<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_1_Calculate_Gross_STR_Revenue\" >Step 1: Calculate Gross STR Revenue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_2_Subtract_Platform_Fees\" >Step 2: Subtract Platform Fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_3_Account_for_Cleaning_Fees\" >Step 3: Account for Cleaning Fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_4_Property_Management\" >Step 4: Property Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_5_Utilities\" >Step 5: Utilities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_6_Property_Taxes_and_Insurance\" >Step 6: Property Taxes and Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_7_Maintenance_and_Repairs\" >Step 7: Maintenance and Repairs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_8_Furnishing_Depreciation\" >Step 8: Furnishing Depreciation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_9_Calculate_NOI\" >Step 9: Calculate NOI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Step_10_Calculate_Cap_Rate\" >Step 10: Calculate Cap Rate<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#What_Is_a_Good_Airbnb_Cap_Rate\" >What Is a Good Airbnb Cap Rate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#5_Factors_That_Crush_Your_Airbnb_Cap_Rate\" >5 Factors That Crush Your Airbnb Cap Rate<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#1_Seasonality\" >1. Seasonality<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#2_Regulation_Risk\" >2. Regulation Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#3_Higher_Turnover_Costs\" >3. Higher Turnover Costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#4_Furnishing_Depreciation\" >4. Furnishing Depreciation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#5_Platform_Fee_Increases\" >5. Platform Fee Increases<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Airbnb_Cap_Rate_by_Market\" >Airbnb Cap Rate by Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Common_Mistakes_When_Calculating_Airbnb_Cap_Rate\" >Common Mistakes When Calculating Airbnb Cap Rate<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Mistake_1_Using_Gross_Revenue_Instead_of_NOI\" >Mistake 1: Using Gross Revenue Instead of NOI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Mistake_2_Using_Peak-Season_Data_to_Project_Annual_Performance\" >Mistake 2: Using Peak-Season Data to Project Annual Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Mistake_3_Ignoring_Furnishing_Costs_in_the_Initial_Purchase_Analysis\" >Mistake 3: Ignoring Furnishing Costs in the Initial Purchase Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#Mistake_4_Not_Modeling_the_Long-Term_Rental_Alternative\" >Mistake 4: Not Modeling the Long-Term Rental Alternative<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/arvcalc.com\/blog\/airbnb-cap-rate\/#FAQ\" >FAQ<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Airbnb_Cap_Rate\"><\/span>What Is Airbnb Cap Rate?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cap rate \u2014 capitalization rate \u2014 is the ratio of a property&#8217;s net operating income to its current market value or purchase price. The formula is:<\/p>\n<p><strong>Cap Rate = Net Operating Income (NOI) \u00f7 Property Value \u00d7 100<\/strong><\/p>\n<p>For a traditional rental, NOI is straightforward: annual gross rent minus vacancy, property taxes, insurance, maintenance, and management fees. You can run those numbers in under five minutes using a standard <a href=\"https:\/\/arvcalc.com\/cap-rate-calculator\">Cap Rate Calculator<\/a>.<\/p>\n<p>For an Airbnb property, the income side is more complicated. Gross revenue depends on occupancy rate, nightly rate, and seasonal demand \u2014 all of which fluctuate. The expense side adds cleaning fees (which scale with every turnover), platform fees (Airbnb charges hosts 3% on most listings, but dynamic host-only fees can reach 14-16%), furnishings, utilities you pay because you own them rather than the tenant, and property management that typically runs 20-25% of revenue for short-term rentals versus 8-10% for long-term ones.<\/p>\n<p>The core formula doesn&#8217;t change. But every input requires a different set of assumptions. That&#8217;s why the same property can show wildly different cap rates depending on who&#8217;s running the analysis \u2014 and whether they actually know what they&#8217;re doing.<\/p>\n<p>For a deeper look at how NOI works before cap rate, use the <a href=\"https:\/\/arvcalc.com\/noi-calculator\">NOI Calculator<\/a> to map out your income and expense assumptions first.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Airbnb_Cap_Rate_vs_Traditional_Rental_Cap_Rate\"><\/span>Airbnb Cap Rate vs. Traditional Rental Cap Rate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Short-term rental cap rates often look better on paper. The reason is simple: STRs can charge a premium per night that outpaces monthly long-term rents. But that premium comes attached to risks that don&#8217;t exist \u2014 or exist at a much lower level \u2014 for standard rentals.<\/p>\n<table>\n<thead>\n<tr>\n<th>Factor<\/th>\n<th>Long-Term Rental<\/th>\n<th>Airbnb \/ STR<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Gross Income Potential<\/td>\n<td>Lower, more predictable<\/td>\n<td>Higher, highly variable<\/td>\n<\/tr>\n<tr>\n<td>Vacancy Rate<\/td>\n<td>5\u201310% typical<\/td>\n<td>25\u201345% typical (market-dependent)<\/td>\n<\/tr>\n<tr>\n<td>Property Management Fee<\/td>\n<td>8\u201310% of rent<\/td>\n<td>20\u201325% of revenue<\/td>\n<\/tr>\n<tr>\n<td>Cleaning \/ Turnover Costs<\/td>\n<td>Once per tenant change<\/td>\n<td>Every booking (can be 50\u2013100+ times\/year)<\/td>\n<\/tr>\n<tr>\n<td>Utilities<\/td>\n<td>Usually tenant-paid<\/td>\n<td>Always owner-paid<\/td>\n<\/tr>\n<tr>\n<td>Furnishing Required<\/td>\n<td>No<\/td>\n<td>Yes ($10K\u2013$50K+ upfront)<\/td>\n<\/tr>\n<tr>\n<td>Regulation Risk<\/td>\n<td>Low<\/td>\n<td>High \u2014 can change overnight<\/td>\n<\/tr>\n<tr>\n<td>Cap Rate Range (typical US market)<\/td>\n<td>4\u20137%<\/td>\n<td>6\u201312% (before regulation adjustment)<\/td>\n<\/tr>\n<tr>\n<td>Income Stability<\/td>\n<td>High<\/td>\n<td>Low<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The headline cap rate for a Scottsdale vacation rental might look like 9\u201310%. A comparable long-term rental in the same zip code might show 5%. But the STR number assumes consistent occupancy, no regulatory ban, and no off-season rate compression. When Scottsdale passed stricter STR permit requirements in 2022, several investor properties went from $58,000\/year gross to $0 in STR income overnight while the owners scrambled to convert to long-term leases.<\/p>\n<p>Higher cap rate equals higher risk here. That&#8217;s not always a bad trade \u2014 but you need to price the risk in, not just the upside.<\/p>\n<p>See how this plays out across different states in the <a href=\"https:\/\/arvcalc.com\/blog\/cap-rate-by-state\/\">cap rate by state guide<\/a> and understand the full spectrum of what &#8220;good&#8221; looks like in the <a href=\"https:\/\/arvcalc.com\/blog\/what-is-a-good-cap-rate\/\">cap rate guide<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Calculate_Airbnb_Cap_Rate_Step_by_Step\"><\/span>How to Calculate Airbnb Cap Rate Step by Step<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Let&#8217;s work through a real scenario. You&#8217;re looking at a 3-bedroom cabin near Nashville, Tennessee \u2014 East Nashville, specifically \u2014 listed at <strong>$325,000<\/strong>. Similar properties on AirDNA are showing average daily rates around $195 and occupancy rates of about 68% annually. Here&#8217;s how to build the full cap rate analysis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_1_Calculate_Gross_STR_Revenue\"><\/span>Step 1: Calculate Gross STR Revenue<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Average nightly rate: $195<\/li>\n<li>365 days \u00d7 68% occupancy = 248 booked nights<\/li>\n<li>Gross STR revenue: $195 \u00d7 248 = <strong>$48,360<\/strong><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Step_2_Subtract_Platform_Fees\"><\/span>Step 2: Subtract Platform Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Airbnb&#8217;s host-only fee structure charges roughly 3% on most standard listings, but if you&#8217;re using a property manager who handles the platform, they typically work under the split-fee model. For this example, assume a 3% host fee.<\/p>\n<ul>\n<li>Airbnb platform fee: $48,360 \u00d7 3% = $1,451<\/li>\n<li>Net revenue after platform fee: <strong>$46,909<\/strong><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Step_3_Account_for_Cleaning_Fees\"><\/span>Step 3: Account for Cleaning Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cleaning fees paid by guests often cover the cleaning cost \u2014 but not always. With 248 bookings spread over the year, assume an average stay of 3.2 nights (typical for Nashville urban), meaning roughly 78 turnovers. Professional cleaning at $85 per turn:<\/p>\n<ul>\n<li>Cleaning cost: 78 \u00d7 $85 = $6,630<\/li>\n<li>Cleaning fees collected from guests: 78 \u00d7 $75 = $5,850<\/li>\n<li>Net cleaning shortfall: <strong>$780<\/strong><\/li>\n<\/ul>\n<p>If cleaning fees collected cover the cost or more, add the surplus to income. If they fall short, subtract the gap from revenue. Here we have a small shortfall.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_4_Property_Management\"><\/span>Step 4: Property Management<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A Nashville STR property manager handling bookings, guest communication, turnovers, and maintenance coordination charges 22% of gross revenue.<\/p>\n<ul>\n<li>Property management: $48,360 \u00d7 22% = <strong>$10,639<\/strong><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Step_5_Utilities\"><\/span>Step 5: Utilities<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Unlike long-term rentals where the tenant pays utilities, you&#8217;re covering everything. For a 3BR Nashville property:<\/p>\n<ul>\n<li>Electric + gas: $2,400\/year<\/li>\n<li>Water + sewer: $960\/year<\/li>\n<li>Internet (required): $720\/year<\/li>\n<li>Total utilities: <strong>$4,080<\/strong><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Step_6_Property_Taxes_and_Insurance\"><\/span>Step 6: Property Taxes and Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Nashville (Davidson County) effective property tax rate is around 0.68%. STR insurance is more expensive than standard landlord policies because of guest liability exposure.<\/p>\n<ul>\n<li>Property taxes: $325,000 \u00d7 0.68% = $2,210<\/li>\n<li>STR insurance (Proper Insurance or equivalent): $2,800\/year<\/li>\n<li>Total: <strong>$5,010<\/strong><\/li>\n<\/ul>\n<p>For a deeper look at how insurance works in STR contexts, the <a href=\"https:\/\/arvcalc.com\/blog\/rental-property-insurance\/\">rental property insurance guide<\/a> covers what standard policies miss.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Step_7_Maintenance_and_Repairs\"><\/span>Step 7: Maintenance and Repairs<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>STRs take more wear than long-term rentals. Budget 1.5% of property value annually.<\/p>\n<ul>\n<li>Maintenance: $325,000 \u00d7 1.5% = <strong>$4,875<\/strong><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Step_8_Furnishing_Depreciation\"><\/span>Step 8: Furnishing Depreciation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You spent $18,000 furnishing this Nashville cabin. Furniture, linens, kitchenware, smart locks, d\u00e9cor \u2014 all of it depreciates. IRS allows accelerated depreciation on furnishings, but from a cap rate perspective, you want to account for the cost of replacing items over time. Budget $2,500\/year for furnishing replacement and restocking.<\/p>\n<ul>\n<li>Furnishing depreciation reserve: <strong>$2,500<\/strong><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Step_9_Calculate_NOI\"><\/span>Step 9: Calculate NOI<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<th>Line Item<\/th>\n<th>Amount<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Gross STR Revenue<\/td>\n<td>$48,360<\/td>\n<\/tr>\n<tr>\n<td>Platform Fee (3%)<\/td>\n<td>\u2212$1,451<\/td>\n<\/tr>\n<tr>\n<td>Cleaning Shortfall<\/td>\n<td>\u2212$780<\/td>\n<\/tr>\n<tr>\n<td>Property Management (22%)<\/td>\n<td>\u2212$10,639<\/td>\n<\/tr>\n<tr>\n<td>Utilities<\/td>\n<td>\u2212$4,080<\/td>\n<\/tr>\n<tr>\n<td>Property Taxes + Insurance<\/td>\n<td>\u2212$5,010<\/td>\n<\/tr>\n<tr>\n<td>Maintenance<\/td>\n<td>\u2212$4,875<\/td>\n<\/tr>\n<tr>\n<td>Furnishing Reserve<\/td>\n<td>\u2212$2,500<\/td>\n<\/tr>\n<tr>\n<td><strong>NOI<\/strong><\/td>\n<td><strong>$19,025<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Step_10_Calculate_Cap_Rate\"><\/span>Step 10: Calculate Cap Rate<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Cap Rate = $19,025 \u00f7 $325,000 \u00d7 100 = 5.85%<\/strong><\/p>\n<p>That&#8217;s a solid cap rate for Nashville, though not spectacular. The property generates a real return, but notice how expenses consumed nearly 61% of gross revenue. That&#8217;s normal for well-run STRs \u2014 and it&#8217;s exactly why investors who only look at gross income overestimate their returns.<\/p>\n<p>Run your own numbers in the <a href=\"https:\/\/arvcalc.com\/cap-rate-calculator\">Cap Rate Calculator<\/a> or the full <a href=\"https:\/\/arvcalc.com\/rental-property-calculator\">Rental Property Calculator<\/a> to model different purchase prices and occupancy scenarios side by side.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_a_Good_Airbnb_Cap_Rate\"><\/span>What Is a Good Airbnb Cap Rate?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>There&#8217;s no universal answer \u2014 and that&#8217;s more true for STRs than for any other asset class. A 6% cap rate in Gulf Shores, Alabama (where the STR market is mature, legal, and stable) is solid. A 6% cap rate in a city actively banning new STR permits is a disaster waiting to happen.<\/p>\n<p>Here&#8217;s a rough framework by market:<\/p>\n<ul>\n<li><strong>Nashville, TN:<\/strong> 5\u20138% is realistic for well-located properties. The market is saturated in some pockets, and Nashville&#8217;s STR registration requirements add compliance friction. Properties near Broadway or Germantown can still push 8\u20139% in good years.<\/li>\n<li><strong>Austin, TX:<\/strong> 4\u20136% in most zip codes. High property values drag cap rates down. Central Austin STRs near 6th Street perform better, but $500K+ price points make 5% a good outcome.<\/li>\n<li><strong>Scottsdale, AZ:<\/strong> 6\u20139% in prime vacation zones if permits are clean. Regulation risk is elevated \u2014 price that in.<\/li>\n<li><strong>Gulf Shores \/ Orange Beach, AL:<\/strong> 8\u201312% is achievable. Strong beach demand, relatively investor-friendly regulations, lower property prices than comparable Florida markets.<\/li>\n<li><strong>Joshua Tree, CA:<\/strong> 7\u201311% on the right properties. Desert aesthetic, short drives from LA, and a strong weekend traveler base. But regulations in San Bernardino County have tightened significantly since 2022.<\/li>\n<li><strong>Smoky Mountains (Sevier County, TN):<\/strong> 8\u201314% on cabin properties. This is one of the strongest STR markets in the US by cap rate. High demand, relatively permissive local regulations, and a steady flow of domestic tourism.<\/li>\n<\/ul>\n<p>Generally, a 7\u201310% cap rate is considered strong for STR properties. Below 5% and you need to ask whether long-term rental conversion or a different market makes more sense. Above 12% and you should be asking why \u2014 usually there&#8217;s a regulation risk, a market saturation problem, or expense assumptions that are too optimistic.<\/p>\n<p>For context on how these STR cap rates compare to the broader residential market, read through the <a href=\"https:\/\/arvcalc.com\/blog\/how-to-analyze-rental-property\/\">rental property analysis guide<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"5_Factors_That_Crush_Your_Airbnb_Cap_Rate\"><\/span>5 Factors That Crush Your Airbnb Cap Rate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Seasonality\"><\/span>1. Seasonality<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>STRs don&#8217;t produce even income across 12 months. A beach property in Destin, Florida might generate $8,000 in July and $900 in January. When you underestimate the depth of your slow season, your annual occupancy projection collapses. An investor who projects 75% occupancy based on peak-summer data and then actually gets 52% annual occupancy has just destroyed their cap rate model. Always pull 12 months of AirDNA data \u2014 not just summer.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Regulation_Risk\"><\/span>2. Regulation Risk<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This is the biggest asymmetric risk in STR investing. New York City banned nearly all Airbnb rentals in September 2023 under Local Law 18. Investors who owned short-term rental properties there saw their income go to zero overnight. Santa Monica, CA had similar bans years earlier. Boston, Chicago, and San Francisco have all implemented permit caps or outright bans in certain zones. You can&#8217;t cap-rate-model a property that gets banned. This is why regulation due diligence \u2014 checking zoning maps, active city council proposals, and permit caps before you close \u2014 is non-negotiable.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Higher_Turnover_Costs\"><\/span>3. Higher Turnover Costs<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In a long-term rental, you clean and repaint between tenants \u2014 maybe once every two years. In an STR, you&#8217;re cleaning after every single guest. A 70% occupied property with an average 3-night stay has roughly 85 cleanings per year. At $100 per clean (realistic in 2024 for a 3BR), that&#8217;s $8,500 just in cleaning costs annually. Add supply restocking, linen replacement, and the small repairs guests cause, and turnover can easily run $12,000\u2013$15,000 per year on a single property. Investors coming from long-term rentals consistently underestimate this line item.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Furnishing_Depreciation\"><\/span>4. Furnishing Depreciation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Guests are harder on furniture than long-term tenants. Couches get stained. Mattresses wear faster. TVs get broken. Smart locks malfunction. The Instagram-worthy d\u00e9cor that drives your listing&#8217;s star rating needs replacing every 3\u20135 years. A $20,000 initial furnishing investment on a 5-year replacement schedule is a $4,000\/year expense that many investors treat as a one-time sunk cost. It isn&#8217;t. Every time you skip the furnishing reserve, you&#8217;re borrowing against future NOI.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Platform_Fee_Increases\"><\/span>5. Platform Fee Increases<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Airbnb raised host fees twice between 2019 and 2023. VRBO restructured its fee model in 2023 in ways that increased costs for some hosts. When you model cap rate, you&#8217;re assuming today&#8217;s platform relationship holds. It might not. A shift from 3% to 6% host fees on $50,000 in annual revenue is $1,500 straight out of your NOI \u2014 roughly 0.5% off your cap rate on a $325,000 property. It doesn&#8217;t sound like much until you factor in that it&#8217;s a unilateral decision by a company you have no contract with.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Airbnb_Cap_Rate_by_Market\"><\/span>Airbnb Cap Rate by Market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data sourced from <a href=\"https:\/\/www.airdna.co\" target=\"_blank\" rel=\"noopener\">AirDNA<\/a> market reports and investor community analysis. Figures represent typical 3-bedroom properties performing at market average.<\/p>\n<table>\n<thead>\n<tr>\n<th>Market<\/th>\n<th>Typical Cap Rate<\/th>\n<th>Avg Nightly Rate<\/th>\n<th>Avg Occupancy<\/th>\n<th>Notes<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Smoky Mountains, TN<\/td>\n<td>9\u201314%<\/td>\n<td>$220\u2013$350<\/td>\n<td>72\u201380%<\/td>\n<td>Best-in-class STR market, strong year-round<\/td>\n<\/tr>\n<tr>\n<td>Gulf Shores \/ Orange Beach, AL<\/td>\n<td>8\u201312%<\/td>\n<td>$250\u2013$400<\/td>\n<td>60\u201370%<\/td>\n<td>Beach demand, affordable prices vs. FL<\/td>\n<\/tr>\n<tr>\n<td>Scottsdale, AZ<\/td>\n<td>6\u20139%<\/td>\n<td>$200\u2013$450<\/td>\n<td>65\u201375%<\/td>\n<td>Permit requirements tightening<\/td>\n<\/tr>\n<tr>\n<td>Joshua Tree, CA<\/td>\n<td>7\u201311%<\/td>\n<td>$250\u2013$500<\/td>\n<td>62\u201372%<\/td>\n<td>High demand, regulation pressure increasing<\/td>\n<\/tr>\n<tr>\n<td>Nashville, TN<\/td>\n<td>5\u20138%<\/td>\n<td>$175\u2013$250<\/td>\n<td>65\u201372%<\/td>\n<td>Urban rules restrict non-owner occupied STRs<\/td>\n<\/tr>\n<tr>\n<td>Austin, TX<\/td>\n<td>4\u20136%<\/td>\n<td>$180\u2013$280<\/td>\n<td>60\u201368%<\/td>\n<td>High acquisition prices compress returns<\/td>\n<\/tr>\n<tr>\n<td>30A \/ Destin, FL<\/td>\n<td>7\u201310%<\/td>\n<td>$280\u2013$500<\/td>\n<td>65\u201375%<\/td>\n<td>Strong demand, but property prices have surged<\/td>\n<\/tr>\n<tr>\n<td>Blue Ridge, GA<\/td>\n<td>8\u201312%<\/td>\n<td>$200\u2013$350<\/td>\n<td>68\u201378%<\/td>\n<td>Mountain market, less saturated than Smoky Mtns<\/td>\n<\/tr>\n<tr>\n<td>Sedona, AZ<\/td>\n<td>5\u20138%<\/td>\n<td>$250\u2013$450<\/td>\n<td>60\u201370%<\/td>\n<td>High prices, strict permit caps<\/td>\n<\/tr>\n<tr>\n<td>Branson, MO<\/td>\n<td>8\u201311%<\/td>\n<td>$140\u2013$220<\/td>\n<td>62\u201372%<\/td>\n<td>Underrated market, favorable regulations<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Want to run a full income and vacancy analysis before committing to a market? The <a href=\"https:\/\/arvcalc.com\/blog\/vacancy-rate-rental-property\/\">vacancy rate guide<\/a> and <a href=\"https:\/\/arvcalc.com\/blog\/how-much-can-you-make-on-airbnb\/\">Airbnb income guide<\/a> give you the frameworks to stress-test any of these markets.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Common_Mistakes_When_Calculating_Airbnb_Cap_Rate\"><\/span>Common Mistakes When Calculating Airbnb Cap Rate<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Mistake_1_Using_Gross_Revenue_Instead_of_NOI\"><\/span>Mistake 1: Using Gross Revenue Instead of NOI<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The most common error by far. An investor sees a listing pulling $75,000 on AirDNA, divides by the $500,000 purchase price, and calls it a 15% cap rate. That&#8217;s a gross revenue yield \u2014 not a cap rate. Cap rate uses NOI, which is gross revenue minus all operating expenses. On that $75,000 property, real NOI after all STR expenses might be $28,000, giving a real cap rate of 5.6%. The difference between 15% and 5.6% is not a rounding error. It&#8217;s the difference between a good deal and a painful lesson.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Mistake_2_Using_Peak-Season_Data_to_Project_Annual_Performance\"><\/span>Mistake 2: Using Peak-Season Data to Project Annual Performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>AirDNA, Rabbu, and Mashvisor all show revenue data \u2014 but investors often filter for summer months or cherry-pick a high-demand weekend market. A Destin, Florida property might generate $15,000 in June. But January through March might bring in $2,800 combined. Project your cap rate using trailing 12-month data, not a 90-day summer snapshot.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Mistake_3_Ignoring_Furnishing_Costs_in_the_Initial_Purchase_Analysis\"><\/span>Mistake 3: Ignoring Furnishing Costs in the Initial Purchase Analysis<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cap rate calculations almost always use the property purchase price as the denominator. But if you spend $25,000 on furnishings to make the property rentable, your real all-in cost is $350,000 on that $325,000 cabin. Using the lower number inflates your cap rate. Use total cash deployed \u2014 purchase price plus closing costs plus furnishing investment \u2014 as your denominator to get an honest return metric. This also matters for financing analysis; run it through the <a href=\"https:\/\/arvcalc.com\/dscr-calculator\">DSCR Calculator<\/a> to see how debt service interacts with your real NOI.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Mistake_4_Not_Modeling_the_Long-Term_Rental_Alternative\"><\/span>Mistake 4: Not Modeling the Long-Term Rental Alternative<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Before you commit to an STR strategy, model what the same property returns as a long-term rental. If a long-term rental cap rate comes in at 5.2% and the STR scenario (properly modeled) shows 6.8%, the question becomes: is 1.6% of additional return worth the additional management intensity, furnishing costs, regulation risk, and income volatility? Sometimes yes. Sometimes a long-term rental is the smarter play. Use the <a href=\"https:\/\/arvcalc.com\/property-cash-flow-calculator\">Cash Flow Calculator<\/a> to run both scenarios before you decide.<\/p>\n<p>For more context on comparing investment metrics, the <a href=\"https:\/\/arvcalc.com\/blog\/cap-rate-vs-grm\/\">cap rate vs GRM guide<\/a> shows when different metrics tell different stories about the same property.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQ\"><\/span>FAQ<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"schema-faq-section\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\">\n<div class=\"schema-faq-question\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n    <strong itemprop=\"name\">What is a good cap rate for an Airbnb property?<\/strong><\/p>\n<div class=\"schema-faq-answer\" itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n<p itemprop=\"text\">A cap rate of 7\u201310% is generally considered strong for a short-term rental property in the US. However, &#8220;good&#8221; depends heavily on the market, regulation environment, and how you plan to operate the property. In a low-risk, high-demand market like the Smoky Mountains, 9\u201312% is realistic. In a high-price, high-regulation market like Austin or New York City, anything above 5% is doing well. Always compare the STR cap rate against what the property would yield as a long-term rental before deciding which strategy makes more sense.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"schema-faq-question\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n    <strong itemprop=\"name\">How is Airbnb cap rate different from traditional cap rate?<\/strong><\/p>\n<div class=\"schema-faq-answer\" itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n<p itemprop=\"text\">The formula is the same \u2014 NOI divided by property value \u2014 but the inputs are very different. STR cap rate calculations must account for platform fees (3\u201316%), higher property management costs (20\u201325% vs. 8\u201310% for long-term rentals), utilities paid by the owner, furnishing costs and depreciation, higher cleaning and turnover expenses, and seasonal vacancy that can run 25\u201345% annually. Traditional cap rate analysis uses simpler, more stable expense assumptions. STR cap rates tend to look higher than long-term rental cap rates, but they carry significantly more risk and require more intensive management.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"schema-faq-question\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n    <strong itemprop=\"name\">Does Airbnb income count as rental income for cap rate purposes?<\/strong><\/p>\n<div class=\"schema-faq-answer\" itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n<p itemprop=\"text\">Yes \u2014 for cap rate purposes, net Airbnb revenue (gross STR income minus platform fees and cleaning costs passed through to the owner) is treated as rental income. What you subtract from that income to get NOI is where STRs differ from long-term rentals. You&#8217;ll include expenses that traditional rental analysis ignores, like utilities, furnishing reserves, and much higher management fees. For mortgage qualification purposes, lenders treat STR income differently than long-term rental income \u2014 some lenders will only count 75% of documented STR income, and DSCR loans have specific rules around STR projections.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"schema-faq-question\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n    <strong itemprop=\"name\">What occupancy rate should I use when calculating STR cap rate?<\/strong><\/p>\n<div class=\"schema-faq-answer\" itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n<p itemprop=\"text\">Use trailing 12-month actual data from AirDNA, Rabbu, or Mashvisor for comparable properties in the same submarket \u2014 not your best-case projections. Most US STR markets average 55\u201375% occupancy annually. Beach markets can hit 70\u201380% in prime locations, while mountain or urban markets often run 60\u201370%. Never model 90%+ occupancy unless you have years of verified data on the specific property. A conservative first-year projection should assume 5\u201310% below market average to account for new listing ramp-up time.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"schema-faq-question\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n    <strong itemprop=\"name\">Should furnishing costs be included in cap rate calculation?<\/strong><\/p>\n<div class=\"schema-faq-answer\" itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n<p itemprop=\"text\">Yes, in two ways. First, the upfront furnishing investment should be added to the property purchase price when you calculate the denominator (total invested capital). A $325,000 property with $20,000 in furnishings has a $345,000 cost basis for cap rate purposes. Second, ongoing furnishing replacement and restocking \u2014 typically $1,500\u2013$4,000 per year for a 3-bedroom property \u2014 should be included as an operating expense in your NOI calculation. Skipping both of these inflates your cap rate and gives you a falsely optimistic picture of actual returns.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"schema-faq-question\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n    <strong itemprop=\"name\">How does Airbnb regulation risk affect cap rate?<\/strong><\/p>\n<div class=\"schema-faq-answer\" itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n<p itemprop=\"text\">Regulation risk doesn&#8217;t show up in a cap rate formula directly \u2014 but it should affect how you interpret the number. A 10% Airbnb cap rate in a city with active permit caps or pending STR restrictions is worth less than a 7% cap rate in a stable, investor-friendly market. When evaluating short-term rental returns, always check the current permit environment: does the city require STR permits, are permits capped, are there pending city council proposals to restrict STRs, and what happens to your income if you&#8217;re forced to convert to a long-term rental? Factor in the worst-case scenario \u2014 usually the long-term rental cap rate \u2014 and decide if the spread is worth the risk.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"schema-faq-question\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\">\n    <strong itemprop=\"name\">Is a 5% Airbnb cap rate good?<\/strong><\/p>\n<div class=\"schema-faq-answer\" itemprop=\"acceptedAnswer\" itemscope itemtype=\"https:\/\/schema.org\/Answer\">\n<p itemprop=\"text\">It depends on what you&#8217;re comparing it to and what the risk profile looks like. In a high-cost market like Austin, TX or parts of coastal California, a 5% STR yield might be the realistic ceiling given property prices \u2014 and if long-term rental alternatives in the same market yield 4%, the STR premium still makes sense. But in markets where STR regulations are unstable, a 5% cap rate provides almost no cushion if income drops or you&#8217;re forced into a long-term lease at lower rates. Generally, most STR investors look for at least 7% to justify the management complexity over a passive long-term rental setup.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>Short-term rental investing can absolutely outperform traditional rentals \u2014 but only when you run the numbers honestly. The investors who struggle aren&#8217;t necessarily buying in the wrong markets or paying too much. They&#8217;re calculating returns with optimistic income assumptions and incomplete expense lists, then wondering why actual performance never matches the projection.<\/p>\n<p>Build your analysis around real occupancy data from <a href=\"https:\/\/www.airdna.co\" target=\"_blank\" rel=\"noopener\">AirDNA<\/a>, full expense modeling including utilities and furnishing reserves, and a clear-eyed look at the regulatory environment in your target market. According to <a href=\"https:\/\/www.investopedia.com\/terms\/c\/capitalizationrate.asp\" target=\"_blank\" rel=\"noopener\">Investopedia&#8217;s cap rate framework<\/a>, cap rate is most useful when compared against market benchmarks \u2014 and that holds doubly true for STRs, where &#8220;the market&#8221; varies enormously by city, neighborhood, and even permit zone. Communities like <a href=\"https:\/\/www.biggerpockets.com\" target=\"_blank\" rel=\"noopener\">BiggerPockets<\/a> have extensive STR investor discussions that surface the real-world numbers investors are actually seeing \u2014 not just what the platforms advertise.<\/p>\n<p>Use the <a href=\"https:\/\/arvcalc.com\/cap-rate-calculator\">Cap Rate Calculator<\/a> to stress-test your assumptions, model your financing with the <a href=\"https:\/\/arvcalc.com\/dscr-calculator\">DSCR Calculator<\/a>, and run a full picture in the <a href=\"https:\/\/arvcalc.com\/property-cash-flow-calculator\">Cash Flow Calculator<\/a> before you put a property under contract. The math doesn&#8217;t lie \u2014 but only if you put the right numbers in.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Short-term rental investing runs on different math than buying a buy-and-hold long-term rental. A Nashville vacation cabin might pull $72,000 in gross Airbnb revenue on a property that a standard&#8230;<\/p>\n","protected":false},"author":0,"featured_media":553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-investing"],"_links":{"self":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/comments?post=544"}],"version-history":[{"count":3,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/544\/revisions"}],"predecessor-version":[{"id":592,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/posts\/544\/revisions\/592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/media\/553"}],"wp:attachment":[{"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/media?parent=544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/categories?post=544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arvcalc.com\/blog\/wp-json\/wp\/v2\/tags?post=544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}