Revenue is not profit
A short-term rental looks great at 200 a night. Then the cleaning fees, platform cut, utilities, supplies, insurance, taxes and slow months arrive. Plenty of listings that seem to print money barely break even.
The calculator models a full year. Enter your nightly rate, occupancy by season, and the costs. It gives net profit by month and for the year.
Seasonality changes everything
Few places are full all year. A beach town might hit 90 percent in summer and 30 in winter. A ski town is the reverse. The tool lets you set occupancy for each season, with presets to start from. Presets are rough, so replace them with data from similar listings in your area.
A month by month view shows slow stretches where fixed costs still come due. That's where owners get squeezed.
- Platform fees, usually a percentage of each booking
- Cleaning and laundry, partly covered by the guest's cleaning fee
- Utilities, internet and supplies
- Insurance, taxes and HOA or association fees
- Maintenance reserve for repairs and replacements
Costs people forget
Lodging taxes, which vary a lot by city. Property management, typically a share of revenue, if you don't self-manage. Even if you do it yourself, your time has a value. Replacing linens, small appliances and furniture also adds up.
A maintenance reserve of 5 to 10 percent of revenue is a common rule of thumb.
Before you buy
Use the tool to test a property before you commit. Try a pessimistic case with lower occupancy and rates. If it still works, it's a stronger deal. Also check local rules: many cities limit or ban short-term rentals, require permits or cap nights per year.
RevPAR, or revenue per available night, is a quick way to compare listings, since it combines rate and occupancy. The results are estimates, not promises. Your inputs stay in your browser.