The profit earned from a short-term rental property after deducting all expenses, including mortgage payments, property taxes, utilities, cleaning fees, and platform fees.
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Glossary Term: ROI
19 posts
Purchasing properties in rural areas specifically for the purpose of short-term rentals, often driven by the potential for higher returns and lower property prices.
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).
Evaluating the financial performance of a short-term rental property, including occupancy rates, revenue, and expenses, to make informed business decisions.
The evaluation of a short-term rental property’s financial performance, considering factors like purchase price, operating expenses, rental income, and market trends.
Refers to a short-term rental property that, while perhaps needing some improvements or updates, has the potential to be highly successful due to its location, size, or other desirable features.
The potential for financial returns when purchasing a property near Okoboji Lake, Iowa, specifically for short-term rental purposes.
The attractiveness of Omaha’s real estate market for purchasing properties specifically for short-term rental purposes, considering factors like ROI and occupancy rates.
A financial metric calculated by dividing the annual rental income after expenses by the total property investment, indicating the profitability of a rental.
The process of tracking, analyzing, and reporting financial data related to short-term rental properties. This includes income, expenses, profits, and losses.
Evaluating the financial viability of purchasing a property for short-term rental purposes, considering factors like property prices, rental demand, operating expenses, and potential return on investment (ROI).
Short-term rentals can offer a potentially high return on investment compared to traditional long-term rentals, especially in desirable locations.