Estimate your potential monthly revenue, expenses, cash flow, and return on investment for a short-term rental property in the Algoma Region.
For educational and estimation purposes only. This calculator does not guarantee actual results. See full disclaimer below.
Estimates only. Consult a mortgage broker for accurate qualification and rate information.
Purchase price
Down payment
$80,000.00 on a $400,000.00 purchase
Mortgage amount
Auto-calculated: purchase price minus down payment
Annual interest rate
Amortization period
Payment frequency
Location determines whether Municipal Accommodation Tax (MAT) applies.
Adjust the inputs below to reflect your expected rental performance.
Average nightly rate
Your listed nightly price before fees
Expected occupancy rate
Percentage of available nights booked
Nights per month
Calendar nights available (typically 28–31)
Cleaning fee per booking
Fee charged to guests per stay
Average bookings per month
Number of separate guest stays
HST Note
Airbnb generally collects HST from guests and remits it directly to the CRA. HST is not treated as host income in this calculator because it typically does not pass through the host's hands.
Stay In The Soo charges 20% of nightly revenue + HST for full-service management.
Estimates based on typical Sault Ste. Marie operating costs. Adjust as needed.
Property taxes
Monthly portion of annual property tax
PUC utilities (electricity & water)
Enbridge natural gas
Bell Fibe high-speed internet
Snow removal & lawn care
Consumables (toiletries, supplies)
Insurance
Repairs & maintenance reserve
Other monthly expenses
Select any upgrades you plan to add. One-time costs are added to your total investment for ROI purposes; recurring costs are added to monthly operating expenses.
If the property has a 40-gallon water tank, consider upgrading to a Navien tankless unit so guests never get surprised with a cold shower mid-stay. Price is inclusive of installation and HST.
A hot tub can substantially increase your nightly rate and dramatically reduce vacancy — most competing Airbnbs in the area do not have one. Includes the unit plus electrician installation fees, all HST-inclusive.
PUC will supply and install an unlimited-use EV charger for a flat monthly fee of ~$55. This attracts higher-end guests who drive electric vehicles and are generally willing to pay a premium nightly rate.
A natural gas BBQ connected directly to the home's gas line is a popular guest amenity that can increase your nightly rate and reduce vacancy. Includes the BBQ unit and gas technician connection fees, HST-inclusive.
Used to calculate cash-on-cash ROI. Down payment is included automatically.
Down payment
Pulled from mortgage section above
Estimated closing costs
Legal fees, land transfer tax, inspections
Furnishing & setup costs
Furniture, décor, initial supplies
Estimated Monthly Net Cash Flow
$1,165.91
$13,990.89 per year
HST collected by Airbnb from guests and remitted to CRA — not included as host revenue.
Monthly P&L
Return Metrics
Cash-on-Cash ROI
on $108,000.00 invested
Revenue-to-carrying ratio
per $1 in carrying costs
Net yield on carrying costs
before platform fees & deductions
Break-even occupancy
your target: 90%
Based on your assumptions, this property could generate approximately $7,092.80 in monthly gross revenue and $1,165.91 in estimated monthly net cash flow. Your estimated annual cash flow would be $13,990.89, resulting in an estimated cash-on-cash ROI of 13.0% on your total cash investment of $108,000.00.
These estimates do not account for mortgage principal paydown, property appreciation, depreciation, income tax implications, seasonal variation, or vacancy risk.
Stay In The Soo helps investors evaluate, furnish, launch, and manage short-term rental properties in Sault Ste. Marie and the Algoma Region.
This calculator is provided for general educational and informational purposes only. It is not financial, tax, legal, accounting, mortgage, or investment advice. Actual short-term rental performance may vary based on seasonality, market conditions, property quality, pricing strategy, occupancy, expenses, financing terms, regulatory changes, and other factors. Users should consult their own lawyer, accountant, mortgage broker, financial advisor, insurance broker, and tax professional before making any investment decision.