Tayton Capital
ES
Short-Term Rental · Chatham, MA

Short-Term Rental Financing in Chatham, MA

Estimated 0.80x DSCR on a $1,100,000 short-term rental with $275,000 down — qualified on the property's income, not your tax returns.

Modeled Purchase Price
$1,100,000
25% Down
$275,000
Loan Amount
$825,000
Est. Monthly PITIA
$7,985
Creditable STR Income
$6,390/mo
Est. DSCR Ratio
0.80x

Short-Term Rental investing in Chatham

Short-term rental financing in Chatham is a different underwriting product than a long-term DSCR loan even though it carries the same name. The lender is crediting nightly revenue instead of a signed lease, which means the documentation, the reserve requirement, and the permit diligence all change.

At the Chatham median of $1,100,000, a short-term rental prices near $1,100,000. Minimum down is 25% ($275,000), leaving a loan of $825,000. Estimated all-in PITIA runs about $7,985 per month.

The Chatham ratio math on this product

Gross nightly revenue in Chatham models to about $8,875/month across a full year. Lenders do not credit that dollar-for-dollar — a 28% haircut for vacancy, cleaning, platform fees and management leaves $6,390 of creditable income. Against a PITIA of $7,985, that is an estimated DSCR ratio of 0.80x. That is below the 1.0 threshold, which is normal at this basis. Financing here works one of three ways — more money down, a no-ratio DSCR product, or qualifying on documented short-term rental revenue.

Underwriting notes specific to STR files: plan on 25% down as the floor, six months of PITIA in reserves, and either twelve months of Airbnb/VRBO earnings statements on the subject property or a third-party market revenue study for a property with no operating history. Short-term rentals are active in this market; licensing and zoning are set locally and we verify the specific address before quoting. Verify the permit status of the exact address before you go hard on earnest money — an unpermitted STR is an unfinanceable STR on this product.

Returns and structure

Return metrics at the Chatham median for this product: an estimated cap rate of 3.83%, and monthly cash flow of $1,595 negative at 25% down. Negative cash flow at the minimum down payment is common in appreciation-led markets; investors close the gap with a larger down payment, a purchase below median, an added unit, or a rate buydown. Note that the $825,000 loan amount exceeds the $806,500 conforming limit for Barnstable County, so agency pricing is off the table and this is a jumbo DSCR file.

Chatham property types compared

Property TypeModeled PriceMin. DownEst. IncomeEst. DSCR
Single-Family Rental$1,100,00020% ($220,000)$4,125/mo0.49x
2–4 Unit Multi-Family$1,738,00025% ($434,500)$7,673/mo0.61x
Condo & Townhome$792,00020% ($158,400)$3,259/mo0.50x
Short-Term Rental (this page)$1,100,00025% ($275,000)$6,390/mo0.80x

All figures model a purchase at the Chatham median of $1,100,000 with the property-type adjustments described above, at an illustrative 7.50% DSCR rate on a 30-year fixed. Short-term rental income is shown after the standard lender haircut.

Figures on this page are modeled estimates derived from the Chatham median price and market rent, adjusted for short-term rental product characteristics. They are illustrative, not a loan offer or an appraisal. Actual pricing, rent, taxes, insurance, HOA dues and DSCR depend on the specific property and on conditions at the time of application.

Chatham Short-Term Rental FAQ

More Chatham investor resources

Chatham investor guide
Full market analysis and loan options
Single-Family Rental in Chatham
0.49x est. DSCR
2–4 Unit Multi-Family in Chatham
0.61x est. DSCR
Condo & Townhome in Chatham
0.50x est. DSCR
Barnstable County investor hub
Every market we finance in the county
DSCR loan requirements in Massachusetts
DSCR payment calculator

Price a short-term rental in Chatham

Send us the address and we'll model the real DSCR ratio, PITIA and cash flow on that specific property — usually the same day. Licensed in Massachusetts, and we close in an LLC or your personal name.

Get My Investment Analysis Talk to a Loan Officer

Keep exploring

Related pages

Get started

See your loan options in minutes.

Tell us a little about you and we'll reach out personally — usually within one business day.

Or call (970) 708-9624

Terms · Privacy Policy

Get a quoteApply Now