Airbnb Calculator

Airbnb Profit Calculator

function calculateAirbnbProfit() { var avgNightlyRate = parseFloat(document.getElementById('avgNightlyRate').value); var nightsAvailable = parseFloat(document.getElementById('nightsAvailable').value); var occupancyRate = parseFloat(document.getElementById('occupancyRate').value); var cleaningFee = parseFloat(document.getElementById('cleaningFee').value); var avgBookings = parseFloat(document.getElementById('avgBookings').value); var monthlyFixedCosts = parseFloat(document.getElementById('monthlyFixedCosts').value); var variableCostPerBooking = parseFloat(document.getElementById('variableCostPerBooking').value); if (isNaN(avgNightlyRate) || isNaN(nightsAvailable) || isNaN(occupancyRate) || isNaN(cleaningFee) || isNaN(avgBookings) || isNaN(monthlyFixedCosts) || isNaN(variableCostPerBooking) || avgNightlyRate < 0 || nightsAvailable < 0 || occupancyRate < 0 || cleaningFee < 0 || avgBookings < 0 || monthlyFixedCosts < 0 || variableCostPerBooking = 0 ? '#007bff' : '#dc3545'; }

Understanding Your Airbnb Profit Potential

Becoming an Airbnb host can be a rewarding venture, offering a flexible way to earn income from your property. However, accurately estimating your potential earnings requires more than just knowing your nightly rate. This Airbnb Profit Calculator helps you factor in various income streams and expenses to give you a clearer picture of your monthly profitability.

How the Calculator Works

Our calculator takes into account the key variables that influence your Airbnb income and costs:

• Average Nightly Rate: This is the price you charge per night for your listing. Research comparable listings in your area to set a competitive rate.
• Nights Available per Month: The total number of nights your property is open for booking in a typical month.
• Expected Occupancy Rate (%): The percentage of available nights you anticipate your property will be booked. This can vary significantly by location, season, and listing quality.
• Cleaning Fee per Booking: The one-time fee you charge guests to cover cleaning costs after their stay.
• Average Bookings per Month: The estimated number of separate reservations you expect to receive each month. This impacts your total cleaning fee income and variable costs.
• Monthly Fixed Costs: These are recurring expenses that don't change based on bookings. Examples include mortgage/rent, property taxes, insurance, utilities (if not charged to guests), and internet.
• Variable Cost per Booking: Expenses that occur with each booking. This might include host service fees (Airbnb's commission), replenishment of guest supplies (toiletries, coffee), or laundry services.

Calculating Your Profit

The calculator uses the following logic:

1. Gross Revenue from Stays: Your average nightly rate multiplied by the number of nights available and your expected occupancy rate.
2. Gross Revenue from Cleaning: Your cleaning fee multiplied by the average number of bookings per month.
3. Total Gross Monthly Revenue: The sum of revenue from stays and cleaning fees.
4. Total Monthly Variable Costs: Your variable cost per booking multiplied by the average number of bookings.
5. Total Monthly Costs: Your monthly fixed costs plus your total monthly variable costs.
6. Net Monthly Profit: Your total gross monthly revenue minus your total monthly costs.

Example Scenario:

Let's say you have a property available for 28 nights a month, charging an average of $150 per night. You expect a 70% occupancy rate and charge a $75 cleaning fee. You typically get 10 bookings per month. Your fixed costs are $1200 (mortgage, utilities, etc.), and variable costs per booking (host fee, supplies) are $15.

• Gross Revenue from Stays: $150 (rate) * 28 (nights) * 0.70 (occupancy) = $2,940
• Gross Revenue from Cleaning: $75 (fee) * 10 (bookings) = $750
• Total Gross Monthly Revenue: $2,940 + $750 = $3,690
• Total Monthly Variable Costs: $15 (variable cost) * 10 (bookings) = $150
• Total Monthly Costs: $1,200 (fixed) + $150 (variable) = $1,350
• Net Monthly Profit: $3,690 – $1,350 = $2,340

By adjusting the inputs in the calculator, you can explore different scenarios and make informed decisions about your Airbnb pricing strategy and cost management.