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The Deal Lab

Follow the evidence. Follow the cash.

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Fictional example. Editing creates an example variation; your personal draft stays separate. Saved in this browser only.
STR / LTR cash flowAfter replacement funding · per year$11,738 / -$12,410Decision summary →

Connect the STR-to-LTR switch

Where to find it & what to check

Choose 0 for an immediate switch or 12 for a full weak STR year first. Conversion work is paid at the switch.

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Where to find it & what to check

Full no-income months at the beginning of the conversion year.

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Where to find it & what to check

Include furniture changes, repairs and leasing; exclude carrying costs, which are calculated separately.

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Where to find it & what to check

Dedicated property cash held after acquisition, separate from your household emergency fund.

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Where to find it & what to check

Choose cash you want to keep available for this property. Keep household emergency savings separate. This is your threshold, not a recommended amount.

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After the stressed STR period, conversion is paid immediately. The no-income months use base LTR fixed costs and existing debt. Then 12 months use base LTR income and expenses.

Edit the separate LTR budget
Cash left after conversion
$311
After stressed STR operation and no-income transition
Lowest cash in the full sequence
-$8,500
Month 26 · Base LTR
Reserve floor crossed in month 3.

Floor: $10,000. Additional starting cash needed to keep this entire modeled sequence at that floor: $18,500.

This is one modeled sequence, not a guaranteed loss bound.

Follow the same dollars through the switch

Starting property cash$20,000
After 12 stressed STR months$10,459
Conversion work & leasing-$4,500
No-income carrying costs (2 months)-$5,648
Cash at LTR opening$311
After 12 months of base LTR operation-$8,500
Ongoing LTR cash flow / year, after replacement funding-$12,410

The repair is paid only if its selected month occurs during the stressed STR period. A switch before that month excludes the repair; include any still-required work in conversion costs. Internal replacement allocations remain within consolidated cash. Negative cash means additional funding is required.

Inspect every event and month
Month / phaseCash changeCash remaining
0 · Starting reserve$0$20,000
1 · Stressed STR-$1,373$18,627
2 · Stressed STR-$1,215$17,412
3 · Stressed STR-$8,208$9,203
4 · Stressed STR-$233$8,970
5 · Stressed STR$210$9,180
6 · Stressed STR$780$9,959
7 · Stressed STR$1,097$11,056
8 · Stressed STR$938$11,994
9 · Stressed STR$115$12,109
10 · Stressed STR-$328$11,781
11 · Stressed STR-$613$11,167
12 · Stressed STR-$708$10,459
12 · Conversion payment-$4,500$5,959
13 · No-income transition-$2,824$3,135
14 · No-income transition-$2,824$311
15 · Base LTR-$734-$424
16 · Base LTR-$734-$1,158
17 · Base LTR-$734-$1,892
18 · Base LTR-$734-$2,626
19 · Base LTR-$734-$3,360
20 · Base LTR-$734-$4,095
21 · Base LTR-$734-$4,829
22 · Base LTR-$734-$5,563
23 · Base LTR-$734-$6,297
24 · Base LTR-$734-$7,031
25 · Base LTR-$734-$7,765
26 · Base LTR-$734-$8,500
The fallback still needs cash support.

A different rental strategy does not automatically stop losses. Revisit rent evidence, price, financing and expenses before relying on this fallback. This sequence uses base LTR conditions; the stress test separately shows a weaker LTR year.

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