Earn 33% more rental income!
The rent-by-room model comes together with high occupancy and lower turnover costs to generate higher, steadier income.
With mid-term rentals, you can earn an average of 33% more revenue, reduce your workload, and reach 80% occupancy.
How does an Atlanta property compare?
PadSplit | Airbnb |
---|---|
**80% Occupancy - 25 days (8 rooms per property) | *60% Occupancy - 18 days |
$232 Rent per week | $240 Rent per week |
$69,600 Annual earnings | $51,840 Annual earnings |
$7,733 Platform fees (8%)*** | $1,555 Platform fees (3%) |
$27,772 Net annual earnings | $20,702 Net annual earnings |
$2,314 Net monthly earnings | $1,725 Net monthly earnings |
*The average Airbnb occupancy rate in the U.S. is around 48%; 60% and higher is considered good. We compare properties that are performing well.
**The average PadSplit occupancy rate in Atlanta, GA.
***PadSplit Platform Fee: On all bookings (including transfers), PadSplit will keep the first 10 days of dues and applies take rate to 8%.
Atlanta Property Sample - $400,000 purchase price
Hear from Airbnb Hosts who have had success switching from short-term rentals to PadSplit.
The rent-by-room model comes together with high occupancy and lower turnover costs to generate higher, steadier income.
While Airbnb occupancy is around 48% in the U.S., PadSplit average occupancy is over 80%.
We increase the speed of your first booking with our proven marketing and customer acquisition efforts.
PadSplit advertises on Google, Facebook, and major housing sites, driving 200,000 unique searches. PadSplit also runs identity, income, background, and eviction checks.
Airbnb regulations are becoming too complex and costly while PadSplit takes safer legal steps while expanding new markets.
The average tenure of a PadSplit Member is 9 months.
Strengthen your community by providing quality and affordable housing. Help Members save an average of $333/mo.
With simplified screening and management tools at your fingertips, renting is now a whole lot easier.
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