Staykey (Invest)

Investment Inquiries

What we do

Staykey Capital is a privately held real estate investment firm that focuses on the acquisition and management of Short-Term Rental (STR) properties in California, Tennessee, and Hawaii.

We purchase properties that pass our strict underwriting standards and that are positioned to perform well in a variety of market conditions.

We manage them to the highest hospitality standards to maximize our returns.

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We are one of the highest rated hosts in the world

4.9

Avg. 4.99+ rating across 1000+ reviews (99th+ percentile)

90%+

Avg. Occupancy

$650+

Avg. Daily Rate per night

3+

years since founding

Proven Track Record

Since its inception, Staykey has purchased 7 top-performing STRs with a combined value of $10 million in the Gatlinburg, TN; JoshuaTree, CA; and Maui, HI markets.

After analyzing deals all across the country, we targeted these markets because they offer some of the most attractive risk-adjusted returns in the country. Our properties consistently perform within top 1-5% of listings within their respective markets.

Established Track Record

~30%*

Avg. Annualized Total Return

Top 1-5%**

Avg. Earnings Percentile

4.99

Avg. Guest Rating

Diversified Experience

$14MM

portfolio

9

assets

4

markets

SFR and condo units

Technology-Powered Operations

Dynamic Pricing:

Algorithmic pricing combined with daily reviews and optimizations to react to real-time supply & demand dynamics

Automated Messaging

90%+ of guest communications conducted via automated messaging

In-House Software Development for Automations (via ProhostAI, Inc)

Routine questions answered by AI

Optimized Guest Experience

Digital guidebooks, smart home technologies, smart keypads etc.

Earnings & Value

Bar Charts

$1.8M

Gross projected rev. for 2024

~$13.6M

Current value

~$11M

Acq. value

~70%

LTV

Selected Portfolio Properties

Gross Rev 2023: $260K
Est. value: $1.8M
Occupancy: 88%
4.93 rating (120 reviews)
5 bed, 5 bath
3420 sq ft
Acq. year: 2021

Gross Rev 2023: $420K
Est. value: $3.2M
Occupancy:87%
5.0 rating (39 reviews)
7 bed, 9 bath
6667 sq ft
Acq. year: 2022

Projected Gross Rev 2023: $140K
Est. value: $1M
Occupancy: 90+%
5.0 rating (70 reviews)
1 bed, 1 bath
580 sq. ft
Acq. year: 2022

Gross Rev 2023: $150K
Est. value: $1.1M
Occupancy: 90+%
5.0 rating (163 reviews)
2 bed, 2 bath
1120 sq. ft
Acq. year: 2022

Gross Rev 2023: $180K
Est. value: $1.2M
YTD Occupancy: 90+%
5.0 rating (139 reviews)
3 bed, 2 bath
1730 sq. ft
Acq. year: 2022

Gross Rev 2023: $120K
Est. value: $900K
YTD Occupancy: 90+%
5.0 rating (253 reviews)
2 bed, 1 bath
1020 sq. ft
Acq. year: 2021

Leverage

Current projected target returns assume minimal to no use of leverage, minimizing risk.

If we enter a more favorable interest rate environment, we may consider using leverage up to 50% LTV to amplify returns.

On a case by case basis for exceptional deals we may approve LTV up to 70% if we secure financing with favorable terms.

Waterfall

8%

Preferred return

+

80%

of returns after 8%

+

Passive

Key Details

25K

Minimum investment

5-7 year

Hold period

9-15%

projected annual return

5-8%

Dividend

4-7%

Appreciation

Quarterly

Distributions

Tax Deductible

Diversified

20-30 assets; 3+ markets

Why invest?

STRs are the highest yielding asset class in real estate, driven by the newness of the asset class and by the challenges associated with operating STRs successfully.

Bar Chart

Benefits of investing in real estate

Donut Chart

Comparison to other STR fund offerings

	S&P 500	Staykey Fund	Arrived Homes	Techvestor
Dividend	1.62% (2023)	5-8%	3-4%	Self-projected 8-12%
Appreciation	8%	4-7%	4%-7%	4-7%
Total Return	9-10%	9-15%	7-11%	17% (includes depreciation & amortization)
Investor Upside	Yes	80% of above 8%	Yes	50% above 8% by default
Leverage LTV	Moderate to high	Minimal risk on on most assets Selective leverage up to 70%	No leverage risk on most assets Selective leverage up to 50%	Up to 80% LTV High leverage risk
Liquidity	0% LTV Fully liquid	Hold period 5-7 years Limited liquidity	Hold period 5 years Limited liquidity	Hold period of 5-7 years No liquidity before then.
Inflation Hedge	Moderate	Yes	Yes	Yes
Tax Advantaged	Moderate	Yes, via depreciation	Yes, via depreciation	Yes, via depreciation

Comparison to direct ownership

	Direct Ownership with self-management	Direct Ownership with management	Staykey Fund
Dividend (CoC return)	8-20%	6-12%	5-8%
Appreciation	4-7%	4-7%	4-7%
Total Return	12-27% + D&A	10-19% + D&A	9-15% + D&A
Investor Upside	Full upside	Full upside	80% of above 8%
Volatility	Moderate to high volatility (small portfolio)	Moderate to high volatility (small portfolio)	Low
Leverage LTV	Typically 70-80% High leverage risk	Typically 70-80% High leverage risk	No leverage risk on most assets. Selective leverage up to 50% isolated to subject asset.
Liquidity	Moderate. Can sell the property	Moderate. Can sell the property	Hold period 5-7 years Limited liquidity planned via REIT redemption
Inflation Hedge	Yes	Yes	Yes
Tax Advantaged	Yes, via depreciation	Yes, via depreciation	Yes, via depreciation
Effort & time to Invest	Extremely high	High	No expertise required.
Expertise Required	Extremely high	High	No expertise required.

Staykey Fund I Fee Structure

Fee Type	Typical Range Benchmarks	Staykey Fund
Asset Management Fee	0.5% to 1.5% of AUM	1% of AUM + 5% of gross revenue
Acquisition Fee	1% to 3%	1.5%
Disposition Fee	1% to 3% of sale price	1% of sale price
Financing Fee	0.5% to 2% of loan amount	1% of loan amount
Property Management Fee	15-35% of gross revenue	20% of gross revenue
Development Fee	2% to 5% of development costs	5% of development costs
Performance Fee	10% to 30% of returns above a certain benchmark	20% above 8% preferred return

Acquisition Strategy

Underwriting Standards

Property Fundamentals

Most desirable locations within their markets
View properties only
Destination-worthy properties with outstanding architectural & home design elements
Luxury & Premium STRs segments
Presence/potential for critical differentiating amenities

Financials

CoC 20%+
Potential to be top 5% performer in gross revenue within the market & size category
Value-add opportunities via remodeling, amenity & furnishings optimization, or management optimization
Luxury & Premium STRs segments

Market Dynamics

Favorable supply & demand dynamics currently and in the future

No Regulatory Risk

Established regulatory environment

We've assembled the right team

Bill Ulammandakh General Partner
Focus areas: Acquisitions, Biz Dev, Operations

8+years in tech & Sillicon Valley. 5+ years @Airbnb as Staff Data Scientist building AI tools for hosts and optimizing the global STR marketplace.

- Created & launched Airbnb listing earnings prediction model with the highest accuracy in the industry.
‍
- Created & launched a patented AI Photo Ranking feature @Airbnb. Generated hundreds of millions in revenue.

- Created new search ranking features (e.g. 🛰️satellite imagery, computer vision signals) @Airbnb. Drove hundreds of millions in revenue.

○ 3 AI patents @Airbnb. Sole inventor.

Andrew Lawson General Partner
Focus areas: Technology, Finance, Operations

8+years in software engineering in Sillicon Valley. 5+ years @Dropbox as Sr Software Engineer building APIs & infrastructure powering billions of requests per day.

University of Connecticut ‘15 BSE in Computer Science

Frequently Asked Questions

Who can invest?

Anyone over the age of 18 who is legally entitled to invest.

What is the min/max amount I can invest?

Our minimum investment will be $10,000 and the maximum will be $5M

How can I make a return on my investment?

We want you to always be aware when investing and understand when you may expect to realise a financial return on your shares.

In the short term, we expect to reinvest retained profit to help us grow. For the longer term, there are multiple ways in which you could make a return: If we are floated on the stock market, start buying back equity from investors, or if there are future liquidity events.

All options are currently open but, whatever happens, you’ll get to be part of our future. As with all investments, there is a risk that you will lose all your investment. Please be aware of the risks associated with investing.

What is the share price and valuation?

You can see all of this information and more right now here

What’s next?

Ready to invest? Invest Now and take the plunge!

Investment Inquiries

Invest with Staykey Capital

$13,600,000+

4.99

What we do

We are one of the highest rated hosts in the world

4.9

90%+

$650+

3+

Proven Track Record

Established Track Record

~30%*

Top 1-5%**

4.99

Diversified Experience

$14MM

9

4

SFR and condo units

Technology-Powered Operations

Dynamic Pricing:

Automated Messaging

In-House Software Development for Automations (via ProhostAI, Inc)

Optimized Guest Experience

Earnings & Value

$1.8M

~$13.6M

~$11M

~70%

Selected Portfolio Properties

Leverage

Waterfall

8%

+

80%

+

Passive

Key Details

25K

5-7 year

9-15%

5-8%

4-7%

Quarterly

Tax Deductible

Diversified

Why invest?

Benefits of investing in real estate

Comparison to other STR fund offerings

Comparison to direct ownership

Staykey Fund I Fee Structure

Acquisition Strategy

Property Fundamentals

Financials

Market Dynamics

No Regulatory Risk

We've assembled the right team

Bill Ulammandakh General PartnerFocus areas: Acquisitions, Biz Dev, Operations

Andrew Lawson General PartnerFocus areas: Technology, Finance, Operations

Frequently Asked Questions

Who can invest?

What is the min/max amount I can invest?

How can I make a return on my investment?

What is the share price and valuation?

What’s next?

Join us in scaling new heights-invest in a future where innovation meets growth.

Bill Ulammandakh General Partner
Focus areas: Acquisitions, Biz Dev, Operations

Andrew Lawson General Partner
Focus areas: Technology, Finance, Operations