The financial analysis of a single short-term rental unit, considering factors such as revenue, expenses, occupancy rates, and return on investment, to determine its profitability.
Menu
Glossary Term: Financial Performance
21 posts
A measure of the profitability of a short-term rental property, calculated by subtracting operating expenses from revenue.
The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform commissions, or management fees.
The total income generated from short-term rental bookings, including nightly rates, cleaning fees, extra guest charges, and other potential revenue streams, minus expenses such as platform fees, cleaning costs, and property maintenance.
A measure of the profitability of a short-term rental property, calculated as the annual rental income divided by the property value, expressed as a percentage.
Specific metrics used within QuickBooks to track the financial health and performance of a short-term rental business, such as Occupancy Rate, Average Daily Rate (ADR), and Revenue Per Available Rental (RevPAR).
Visual representations of key performance indicators (KPIs) within QuickBooks, providing insights into the financial health and performance of a short-term rental business.
The net amount of cash generated by a short-term rental property after deducting all operating expenses, including mortgage payments, utilities, and management fees.
The profitability of a short-term rental, calculated by subtracting expenses (cleaning, fees, etc.) from rental income.
The financial return generated by a short-term rental property, calculated by dividing the net rental income by the property’s value or investment cost.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
A metric used to evaluate the profitability of a short-term rental investment, calculated as the net income generated divided by the total investment cost, expressed as a percentage.