investments

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Airbnb First Month By the Numbers

I have set up an Airbnb here in NYC as a new income stream.

There has been a lot of spilled ink about Airbnb lately, especially in New York where it is a VERY hot topic, to say the least. I work in real estate, so am particularly close to the issue.

I found an ideal one bedroom apartment in New York’s East Village neighborhood for $2,300 a month. And then I spent a lot of money on it. This post is about exploring the investment and starting up this side income stream with a focus on numbers. REAL numbers (except my electricity bill which I have to estimate.)

Cash outlay

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