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Table of contents

Cap rate calculator
The cap rate calculator is used to understand and compare the potential return on investment from an investment property.
Enter the current market value or purchase price of the property. This is the basis for determining the capitalization rate.
Input the total yearly income generated by the property, including rent, fees, and any other sources of revenue, before expenses.
Input the percentage of annual gross income that represents the property's total operating expenses. This is an alternative way to represent operating expenses if the exact dollar amount is unknown.
Enter the annual dollar amount of all costs associated with managing and maintaining the property, such as utilities, taxes, insurance, and repairs.
Input the estimated percentage of time the property is unoccupied or not generating income. This accounts for potential income loss due to vacancies.
This field displays the calculated yearly income after subtracting operating expenses and adjusting for vacancy rate. This figure is used to determine the capitalization rate and evaluate the property's potential return on investment.
Calculate cap rate
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ResourcesseparatorProperty Management

Guesty vs Lodgify: Choosing the Right STR Software for Your Portfolio in 2026

Key takeaways

Guesty vs Lodgify: Choosing the Right STR Software for Your Portfolio in 2026

Guesty and Lodgify both serve the short-term rental software market — but they're designed for fundamentally different operator profiles. Guesty is enterprise-grade software for professional property management companies running 20+ units. Lodgify is an accessible all-in-one platform for individual hosts or small portfolios who want to launch a direct booking website and manage distribution from one place. For hosts who want to skip software entirely, Awning's full-service management handles all operations.

Guesty: Built for Professional Property Management Companies

Guesty is one of the most feature-complete property management platforms available. Beyond channel management and guest communication, they offer owner portals, financial management, API access for custom integrations, and a marketplace of add-on products. They serve property management companies — not just individual hosts.

Guesty Strengths:

•        Enterprise feature depth — suitable for 20-to-thousands of units

•        Owner portal and financial reporting for professional managers with multiple owners

•        Wide API and integration ecosystem

•        'Guesty For Hosts' product for smaller portfolios

•        Strong trust accounting and payment processing features

Guesty Limitations:

•        Expensive — typically $20–$60+/unit/month depending on tier and contract

•        High complexity and setup time — requires dedicated onboarding

•        Overkill for individual hosts or small portfolios

Lodgify: Direct Bookings and Simplicity

Lodgify's entry point is their direct booking website builder — the best in the consumer STR software category. They're designed for hosts who want to reduce OTA dependency by building their own booking presence, while still distributing on Airbnb and VRBO for visibility.

Lodgify Strengths:

•        Best-in-class direct booking website — professional templates, SEO structure, mobile-ready

•        Very accessible pricing — starts at ~$13/month

•        Low learning curve — most hosts are live quickly

•        Good channel management for the major platforms

Lodgify Limitations:

•        Not designed for large portfolios or professional property management businesses

•        No owner portal — not built for managers who manage on behalf of others

•        Financial reporting less robust than Guesty

The Decision Framework

Your Situation Recommendation
Individual host, 1–5 properties Lodgify (or consider full-service management)
Small portfolio wanting direct bookings Lodgify
Property management company, 20+ units Guesty
Managing properties for multiple owners Guesty (owner portals required)
Want to eliminate self-management Awning full-service

Before investing in either software platform, validate your market opportunity with Awning's free Airbnb market data and income estimator. The software is only as valuable as the revenue it helps you capture — and your market determines that ceiling.

📎  Related Resources

Airbnb Market Data

Airbnb Income Estimator

AirDNA Review

Awning Full-Service Management

RedAwning Portfolio Management

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