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How many booked nights do I need for DSCR 1.0?

Enter the loan, expenses and your nightly rate to estimate the booked nights per month and occupancy needed to reach DSCR 1.00 and 1.25. Runs in your browser; nothing is sent anywhere.

Your loan and property

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Prefilled with the middle of today's estimate (Oct 15). Use your quote.

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Average booked rate per night, from your history or a projection.

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Your own assumption, e.g. for platform fees. 0% counts all booking revenue. Lenders' published haircuts are on the haircut ladder.

PITIA = monthly principal & interest + taxes + insurance + HOA. Required monthly revenue = target DSCR × PITIA ÷ (1 − haircut). Booked nights = required revenue ÷ ADR, rounded up. Occupancy = booked nights ÷ 30.4 (average nights per month). Estimates only: lenders set their own minimum DSCR and income method.

Nights / mo for DSCR 1.00
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Nights / mo for DSCR 1.25
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Monthly P&I
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Monthly PITIA
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Revenue / mo for DSCR 1.00
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Revenue / mo for DSCR 1.25
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Estimates from your inputs only, not a lender decision. Seasonal markets need more nights in slow months.

Check your DSCR against lender minimums →

How the bookings calculator works

How are the booked nights worked out?

Required monthly gross revenue = target DSCR × monthly PITIA ÷ (1 − income haircut). Booked nights per month = required revenue ÷ nightly rate (ADR), rounded up to a whole night.

How is occupancy calculated?

Occupancy = booked nights ÷ 30.4, the average number of nights in a month (365 ÷ 12). Above 100% means the target cannot be reached at that nightly rate.

How is the monthly payment calculated?

For 30- or 40-year amortization it uses loan × r ÷ (1 − (1 + r)^−n), with r = annual rate ÷ 12 and n = years × 12. Interest-only uses loan × r. PITIA adds monthly taxes, insurance and HOA dues.

What is the income haircut?

An optional percentage you choose to discount gross booking revenue, for example to allow for platform fees or a lender counting only part of STR income. It defaults to 0%. This page does not assume any lender's figure; lender-by-lender published haircuts are on the haircut ladder.

Are these results a lender decision?

No. They are estimates from your inputs only. Lenders set their own minimum DSCR, income method and expense treatment, and many use an appraisal or AirDNA-style projection rather than your booking count.

Is my information sent anywhere?

No. The calculation runs in your browser and nothing you type is sent to us or to any lender.

Next steps

Free · Weekly
  • Where the 10-year Treasury moved and what it means for STR loan pricing
  • Lender term changes flagged on the lenders' own pages
  • A short, plain-English STR financing explainer

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Not a lender or broker. No referral fees. For education only. Figures come from each lender's public pages on the date shown and can change without notice, so verify them with the lender. Rates are estimates, not quotes. How we source data.