The remaining income from a short-term rental after deducting all expenses, including cleaning fees, management fees, and operating costs.
Glossary Term: Financial Performance
Analyzing the profitability of short-term rentals beyond just revenue, factoring in expenses, occupancy rates, and guest lifetime value.
A financial metric used to evaluate the profitability of a short-term rental investment, considering income and expenses.
The revenue generated by a short-term rental property owner or manager after deducting expenses such as cleaning fees, platform fees, and property maintenance.
The net amount of money generated by a short-term rental property after deducting all expenses, including mortgage payments, utilities, and management fees.
The total income generated from short-term rental bookings, calculated by multiplying the nightly rate by the number of booked nights, before deducting expenses.
A calculation of profitability that factors in all revenue and expenses associated with a short-term rental property, including mortgage payments, utilities, cleaning fees, and platform fees, providing a more accurate picture of the investment’s financial performance.