The management of all financial aspects of a vacation rental property, including income, expenses, taxes, and insurance.
Menu
Glossary Term: Income
20 posts
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 during the third quarter of the year, before deducting any expenses.
The income generated from renting out a property on a short-term basis, typically calculated on a nightly or weekly basis.
An estimate of the profit a host can expect to earn from their short-term rental property after deducting all expenses, including mortgage, utilities, taxes, and fees.
The revenue generated from short-term rental bookings, calculated by subtracting expenses like cleaning fees, platform fees, and taxes.
Various income sources for short-term rental hosts beyond nightly rates, like cleaning fees, extra guest fees, early check-in/late check-out charges, and potential partnerships (e.g., local experiences).
The estimated revenue a short-term rental property can generate, considering factors like location, property size, amenities, and seasonality.
A statement clarifying that potential earnings from short-term rentals are not guaranteed and vary based on factors like location, property type, and season.
The minimum amount of income a host needs to generate from their short-term rental to meet their financial goals or obligations.