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.
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.
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.
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.