A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental income by the monthly mortgage payment.
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The highest number of guests permitted to stay overnight in a short-term rental, often dictated by local regulations.
A potential tax deduction available to homeowners who rent out their property, allowing them to deduct mortgage interest paid on their taxes.
The fluctuation in income that short-term rental hosts may experience due to factors like seasonality, demand, and competition.