How to Calculate Your Occupancy Rates

You want to make sure that not only are you looking at what am I projecting this property to do, but what is the difference year over year? And am I accounting for that on my projections of this property? Okay. So our ADR dropped by $3 in that same market year over year. Now, obviously $3 isn't a huge swing, but you just want to makesure that you're accounting for that,. You can pull that exact same information for your occupancy rates as well. Once we do all that, we're able to see what our total cash on cash return is for this property and allow us to make a decision on if it's a good deal or not.

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