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.
An estimate of a short-term rental property’s market value, considering factors such as location, size, amenities, and comparable properties in the area.
The evaluation of a short-term rental property’s financial performance, considering factors like purchase price, operating expenses, rental income, and market trends.
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.