Ongoing expenses incurred in the operation of a business, regardless of the level of sales or production. For short-term rentals, this includes costs like mortgage payments, utilities, property management fees, and cleaning supplies.
Glossary Term: Profitability
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A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing the result as a percentage.
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.
A tool that helps hosts determine a competitive and profitable nightly rate for their short-term rental. It factors in expenses like mortgage, utilities, and cleaning costs.