Airbnb Calculator FAQs
How do I calculate Airbnb income?
An easy way to estimate your Airbnb income is to multiple your yearly occupancy rate by your average daily rate. For example, if you expect to have 60% occupancy and charge $200/night, the equation would be: $200 x 0.6 x 365 = $43,800. So, your income would be $43,800 before taxes and costs.
To calculate your profit, you'd then want to subtract your expenses from your income. For help determining all of your expenses, check out our Airbnb Expenses Spreadsheet below.
What are the Airbnb Rental Calculator’s recommendations based on?
Our Airbnb Rental Income Calculator takes into account factors such as your Airbnb’s location, the technology you are using, and your current revenue. We’re using our internal data to estimate the additional profit you could make.
What variables does the Airbnb Host Calculator consider?
Our Airbnb Profit Calculator takes into account the following variables: location, type of property, third-party platforms used, your Airbnb income and expenses, and the technology used to manage your Airbnb.
How does the Airbnb Profit Calculator work?
Our free Airbnb Calculator relies on the information you provide about your rental property business along with our internal data and external research to provide estimations of your revenue.
Is this an Airbnb ROI calculator, too?
Our Airbnb Income Calculator focuses on calculating your Airbnb income. You can use this simple formula to calculate the ROI of your Airbnb:
ROI = (Income from Investment – Cost of Investment) / Cost of Investment
Your cost of investment must include all costs associated with your Airbnb, including your mortgage, any repair costs, down payments, and any other one-time costs.
What is a good ROI for an Airbnb?
An ROI of 5-10% is considered good. Anything above 10% is great.
How much should you spend on purchasing a property for Airbnb?
The amount you decide to spend on your Airbnb property will depend on many factors related to the type of property and your own preferences. We recommend not to spend more than 20% of your net worth on an Airbnb so that the vacation property doesn’t feel like a burden. You can refer to our article on financing a vacation rental home for more tips. However, we believe that Airbnb investment will vary from one homeowner to another.
What’s the average Airbnb income?
Airbnb income depends on many factors related to the property. Income may vary depending on the type of property, location, size, amenities, and many other factors. According to a survey done by Vrbo, the average homeowner who rents out their second home earns more than $33,000 in yearly revenue. Again, this number could vary depending on your property specs.
How can I make more money from my Airbnb?
Using the right technology can help you optimize your resources and processes, leading to more profit from your Airbnb business. Listing your property on the right channels based on your region can also improve your business profitability. Our Airbnb Host Calculator will calculate how much you can make from your property and offer you custom recommendations on how to take your business to the next level.
How can Lodgify make me more money from my Airbnb business?
Lodgify is an all-in-one software that was created to help vacation property owners take their business to the next level. Our software includes features that enable property owners to centralize, automate, and optimize their processes. With our website builder you can create your own website and start receiving direct bookings for your property without having to pay Airbnb host fees. You can try Lodgify for free to discover all the features that can help you boost your vacation rental revenue.