Short-Term Rental Calculator

Our short-term rental income calculator will help you calculate your current revenue as well as the potential profit you could make with your business.

How our short-term rental calculator works

vacation rental income calculator

Tell us about your business

Answer the questions in our form about your vacation rental business.

short term rental income calculator

We analyze your data

We will analyze your data against our internal data and research.

vacation rental calculator

We calculate your income

Our short-term rental income calculator will assess your data and calculate your revenue.

vacation rental income calculator tool

We suggest recommendations

We will suggest personalized recommendations on how to improve your revenue.

Find out how much more you could make

Our vacation rental calculator will estimate how much more revenue you could make with your business. Based on your answers, it will calculate potential revenue opportunities and how you can explore them. We’ll also help you understand how the right technology can help you achieve better results for your business.

Make the most of your investment

Our mission at Lodgify is to empower vacation rental owners by offering them the tools they need to take their business to the next level. Our vacation rental income calculator will help you spot areas of improvement in your business and offer you actionable solutions to get better results.

Short-term rental calculator FAQs

How do I calculate my vacation rental income?
Our short-term rental estimator uses the information you provide us about your rental property expenses and your revenue to calculate how much profit you make. If you’d like to have a more in depth breakdown of your costs, you can download our vacation rental expense spreadsheet.
What are the calculator’s recommendations based on?
Our recommendations take into account factors such as your vacation rental’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 vacation rental profit calculator consider?
Our short-term rental revenue calculator takes into account the following variables: location, type of property, booking platforms used, your rental income, your rental expenses, and the technology used to manage your rental property.
How does the calculator work?
Our free vacation rental 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 a vacation rental ROI calculator too?
Our vacation rental estimator focuses on calculating your vacation rental income. You can use this simple formula to calculate the ROI of your vacation rental:

ROI = (Income from Investment – Cost of Investment) / Cost of Investment

Your cost of investment must include all costs associated with your rental property, including your mortgage, any repair costs, down payments, and any other one-time costs.
What is a good ROI for a vacation rental?
An ROI of 5-10% is considered a good ROI. Anything above 10% is great.
How much should you spend on purchasing a vacation rental property?
The amount you decide to spend on your vacation rental 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 a vacation property so that the 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 vacation rental investment will vary from one home owner to another.
What’s the average vacation rental income?
Vacation rental income depends on many factors related to the property. The 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 vacation rental?
Using the right technology can help you optimize your resources and processes, leading to more profit from your vacation rental business. Listing your property on the right channels based on your region can also improve your business profitability. Our vacation rental potential calculator will calculate how much more 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 vacation rental 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 third-party booking fees. You can try Lodgify for free to discover all the features that can help you boost your vacation rental revenue.

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