Research on the performance of short-term rentals in a specific area, including occupancy rates, average daily rates, and demand trends.
Glossary Term: Investment Analysis
The process of determining the market value of a vacation rental property, considering factors like location, size, and amenities.
A metric calculating the annual rental income as a percentage of the property’s value, indicating the profitability of a short-term rental investment.
The process of calculating the profitability of a short-term rental property by measuring the financial returns (rental income, appreciation) against the investment costs (mortgage, maintenance, fees).
An estimation of the maximum possible income a short-term rental property could generate within a specific timeframe, considering factors like location, seasonality, and occupancy rates.
The process of projecting future income and expenses for a short-term rental property based on historical data, market trends, and seasonality.
Estimating the potential income and expenses of a short-term rental property based on factors such as location, seasonality, and market demand.
The evaluation of a short-term rental property’s financial performance, considering factors like purchase price, operating expenses, rental income, and market trends.
An estimate of a short-term rental property’s market value, considering factors such as location, size, amenities, and comparable properties in the area.
Expenses associated with owning a short-term rental property, encompassing mortgage payments, property taxes, insurance premiums, utilities, maintenance, and potential HOA fees.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
The process of compiling and analyzing financial data related to short-term rental activity over a year, including income, expenses, and taxes, often for tax purposes or investment evaluation.