01
Build two comparable scenarios
For short stays include vacancy, distribution, management, utilities, cleaning treatment and maintenance. For a long lease consider the actual offered rent, recurring owner costs and downtime between tenancies. Gross booking revenue and contracted annual rent are different measures.
02
Include flexibility and workload
Owner use, sale timing, furnishing and the building's operating constraints may change the decision. Ask for assumptions and a downside case, not only a headline forecast. A tailored assessment needs the property's actual details.
