Vacation Rental Pro Forma
Hospitality Excel Template (Free Download)
Project a vacation-rental portfolio from unit growth, occupancy, and nightly rates through costs, cash flow, and valuation.
professionals from Deloitte
About this pro forma
This pro forma links units, available nights, occupancy, nightly rates, and ancillary revenue to projected portfolio performance. The underlying Excel model is the engine and the pro forma is the projected decision output.
Use it to test occupancy, pricing, lease costs, platform fees, furnishings, maintenance, and expansion.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Vacation Rental Pro Forma
- Units, available nights, and occupancy
- Nightly-rate and ancillary revenue
- Lease, platform, and cleaning costs
- Furnishing and maintenance capex
- Working capital and free cash flow
- DCF valuation and returns
Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What does it include?+
Units, occupancy, rates, ancillary income, costs, capex, cash flow, and valuation.
Can I test expansion?+
Yes. Change units, occupancy, pricing, lease, and furnishing assumptions.
Does it model asset-light rentals?+
Yes. Lease and furnishing economics are explicit.
What powers it?+
The Excel model calculates portfolio mechanics.
Have more financial modelling questions? Contact us
Related pro formas
Hotel Pro Forma
Operating model for hotel properties including occupancy rates, average daily rate (ADR), RevPAR optimization, and facility-level profitability.
Real Estate Pro Forma
Land cost, construction budget, lease assumptions, and project IRR for commercial and residential development.
Self-Storage Operations Pro Forma
Monthly operations tracker for self-storage managers with occupancy, pricing, expense variance, and KPI trending.
Multi-Family Pro Forma
Investment model for multifamily apartment communities with unit economics, rents, occupancy, and NOI.
