Three scenarios. One recommendation.
Every PropertyIQ report projects the same property three ways. Conservative buffers the launch year. Realistic is the honest base case. Aggressive is the ceiling. The math is reproducible and the inputs are public.
Net annual income, three ways.
Real numbers from a 4 BR Asheville sample. Same property, three scenarios. The realistic case (highlighted) is the recommendation. The other two anchor the underwriting conversation with a buyer or a loan officer.
- Same expense assumptions across all three tiers
- Net income after 20% mgmt fee + 5% reserve + opex
- Repeatable: same inputs always produce the same numbers
Recommended scenario
$42,500
+41.7%vs Conservative
What each scenario actually means.
Real formulas, real example numbers, real recommendations for when to trust each tier.
Conservative
Year-one buffer
Use for stress-testing whether the property still works in a bad year. Newer hosts, untested markets, or a launch with limited photos should anchor on this number when underwriting the loan.
Asheville sample
ADR
$0
Occ
0%
Gross
$0
Net
$0
- ADR: 25th percentile of market
- Occupancy: median - 8pp
- Gross: ADR x Occ x 365
- Net: gross less 20% mgmt, 5% reserve, ~18% opex
Realistic
The base case
The honest middle. What a competent operator with professional photos, dynamic pricing, instant book, and ~30 reviews would earn on this property in this market today. This is the number our analysts trust for ROI.
Asheville sample
ADR
$0
Occ
0%
Gross
$0
Net
$0
- ADR: median of comparable listings
- Occupancy: market median
- Gross: ADR x Occ x 365
- Net: gross less 20% mgmt, 5% reserve, ~18% opex
Aggressive
Best-in-market ceiling
What the property earns if everything compounds: top-tier photography, an experienced operator, premium amenities (hot tub, fire pit, EV charger), dynamic pricing tuned weekly, and a Superhost badge in year two. Achievable, not invented.
Asheville sample
ADR
$0
Occ
0%
Gross
$0
Net
$0
- ADR: 75th percentile of market
- Occupancy: median + 6pp
- Gross: ADR x Occ x 365
- Net: gross less 20% mgmt, 5% reserve, ~18% opex
Want all three projected for your property?
Every $199 PropertyIQ report models the same property through this exact framework. You get all three tiers, plus the AI narrative explaining which one is most likely and why.