# Short-Term Rental Revenue Calculator

Calculate projected Airbnb or short-term rental revenue from average daily rate, occupancy, cleaning fees, and host platform fees.

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- **Canonical URL:** https://dothecalculation.com/calculators/short-term-rental-revenue-calculator
- **Category:** Real Estate & Property
- **Publisher:** Do The Calculation (https://dothecalculation.com)
- **Cost:** Free, no account or sign-up required
- **Privacy:** Runs entirely in the browser; inputs are never sent to a server
- **Methodology:** https://dothecalculation.com/methodology

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## Short-Term Rental Revenue Calculator

Project annual and monthly short-term rental revenue from nightly rate, occupancy, cleaning fees, and platform host fees — the actual inputs behind every Airbnb or Vrbo revenue estimate, made transparent.

- Nightly rate × occupancy, plus the cleaning-fee revenue most estimates skip
- Platform host fee subtracted to show real net revenue
- Feeds directly into cash flow and cap rate for a full property underwrite

## Quick Answer — How to Project Short-Term Rental Revenue

**Annual gross revenue = Average Daily Rate (ADR) × Occupancy % × 365**, plus cleaning fee revenue collected per booking, minus the host platform fee. That's the whole model, and it's the same one professional STR data platforms use as their baseline before layering in market-specific comp data.

**Quick reference (at a 3% host fee, $75 cleaning fee, 3-night average stay):** a $200 ADR at 60% occupancy nets roughly **$47,800/year** (**$3,983/month**). A $150 ADR at 50% occupancy nets roughly **$30,800/year** (**$2,567/month**) — a meaningfully smaller property or market, but still a real number worth underwriting properly rather than guessing.

The two biggest levers here are ADR and occupancy, and they trade off against each other constantly — a lower nightly rate typically pulls higher occupancy, and a premium rate typically pulls lower occupancy. This calculator doesn't optimize that trade-off for you (that requires real market comp data), but it makes the arithmetic of any specific ADR/occupancy combination transparent so you can stress-test your own assumptions.

## How to Use This Calculator

Enter your average daily rate (ADR — your typical nightly price across the year, blending peak and off-peak pricing), your expected occupancy rate as a percentage, your cleaning fee charged per stay, the average length of a booking in nights, and the platform host fee percentage (Airbnb's standard split-fee model charges hosts around 3%).

**Worked example:** $200 ADR, 60% occupancy, $75 cleaning fee, 3-night average stay, 3% host fee. Booked nights per year = 365 × 60% = **219 nights**. Gross nightly revenue = $200 × 219 = **$43,800**. Number of bookings = 219 ÷ 3 = **73 bookings**. Cleaning fee revenue = 73 × $75 = **$5,475**. Gross revenue = $43,800 + $5,475 = **$49,275**. Host fee = $49,275 × 3% = **$1,478.25**. Net annual revenue = $49,275 − $1,478.25 = **$47,796.75**, or **$3,983/month**.

**A second example, smaller market:** $150 ADR, 50% occupancy, $60 cleaning fee, 2.5-night average stay, 3% host fee. Booked nights = 365 × 50% = **182.5 nights**. Gross nightly revenue = $150 × 182.5 = **$27,375**. Bookings = 182.5 ÷ 2.5 = **73**. Cleaning fee revenue = 73 × $60 = **$4,380**. Gross revenue = **$31,755**. Host fee = $31,755 × 3% = **$952.65**. Net annual revenue = **$30,802.35**, or **$2,566.86/month**.

Once you have this revenue figure, run it through the [property cash flow calculator](/calculators/property-cash-flow-calculator) alongside your operating expenses and mortgage payment to see actual monthly profit, or the [Airbnb ROI calculator](/calculators/airbnb-roi-calculator) for a full cap rate and cash-on-cash return underwrite.

## The Formula This Calculator Uses

**Booked Nights Per Year** = 365 × Occupancy %.

**Gross Nightly Revenue** = ADR × Booked Nights Per Year.

**Number of Bookings** = Booked Nights Per Year ÷ Average Nights Per Booking.

**Cleaning Fee Revenue** = Number of Bookings × Cleaning Fee Per Stay.

**Gross Revenue** = Gross Nightly Revenue + Cleaning Fee Revenue.

**Host Fee** = Gross Revenue × Host Fee %.

**Net Annual Revenue** = Gross Revenue − Host Fee. **Net Monthly Revenue** = Net Annual Revenue ÷ 12.

## Why Cleaning Fee Revenue Actually Matters

A lot of quick STR revenue estimates only multiply ADR by occupancy and stop there, which quietly ignores real money. Cleaning fees are typically passed through to guests but still count as gross revenue on most platforms — and the shorter your average booking length, the more this matters, because more, shorter bookings mean more cleaning-fee collections relative to nightly revenue.

In the first worked example above, cleaning fees contributed **$5,475 of the $49,275 gross revenue — over 11%** of the total. Skip that line entirely and you'd understate annual revenue by more than a full month's worth of net income. This is exactly the kind of detail that separates a real underwrite from a back-of-envelope guess, and it's why this calculator asks for average booking length rather than just assuming one number of bookings per year.

The trade-off worth understanding: shorter minimum stays typically increase booking frequency (and total cleaning fee revenue) but also increase actual cleaning costs and turnover labor on the operating-expense side of the ledger — a detail to model in your operating expenses, not in this revenue-side calculator.

## ADR and Occupancy: The Trade-Off You Have to Research, Not Guess

This calculator deliberately doesn't tell you what ADR or occupancy to expect — those numbers are entirely market- and property-specific, and getting them wrong is the single biggest source of bad STR underwriting. Purpose-built market data platforms (like AirDNA or Rabbu) pull real comp data from actual listings in your specific submarket, which is a meaningfully more reliable source than a generic online estimate or a hopeful guess based on the highest-performing listing you saw.

A practical approach: pull 10-15 comparable active and recently-booked listings in your target area — similar bedroom count, similar amenities, similar location tier — and use their actual reported or estimated ADR and occupancy as your baseline, then run several scenarios through this calculator (conservative, base case, optimistic) rather than betting the underwrite on a single point estimate.

Local regulations are a real constraint worth checking before finalizing any of these numbers — many cities cap the number of nights a property can be rented short-term, require permits or licenses, or impose occupancy taxes that reduce net revenue, and none of that shows up in a market-data revenue estimate.

## What This Calculator Doesn't Account For

This model uses a single blended year-round ADR and occupancy rate, but real STR performance is seasonal — a beach market might see 90% summer occupancy and 30% winter occupancy averaging to 60%, and the revenue timing (not just the annual total) matters for cash flow planning during slow months. If your market has strong seasonality, consider running separate peak-season and off-season scenarios and averaging the results rather than relying on one blended figure.

It also doesn't include occupancy taxes, permit fees, or local STR regulation compliance costs, all of which vary significantly by city and can meaningfully reduce net revenue in regulated markets. And it doesn't model dynamic pricing tools that many successful STR operators use to adjust nightly rates in real time based on demand — this calculator's single ADR figure is necessarily a simplification of what's often a much more granular pricing strategy in practice.

Finally, this is revenue only, not profit — cleaning costs, supplies, utilities, property management fees, and the mortgage payment all subtract from this figure before you get to actual cash flow. The [property cash flow calculator](/calculators/property-cash-flow-calculator) is the next step for that.

## Frequently asked questions

### What's a typical occupancy rate for a short-term rental?

It varies enormously by market and season, but 50-65% is a common range for a well-positioned property in an active market. Highly seasonal markets can see much higher peak-season occupancy averaged against much lower off-season occupancy.

### Why does average booking length matter for revenue?

Because cleaning fees are collected per booking, not per night. A shorter average stay means more bookings for the same number of occupied nights, which means more total cleaning fee revenue — sometimes over 10% of gross revenue, as shown in this page's worked example.

### What's a typical host fee on platforms like Airbnb?

Airbnb's standard split-fee model charges hosts around 3% of the booking subtotal, with guests paying a separate service fee on top. Other platforms and fee structures vary — check your specific platform's current fee schedule.

### Does this calculator account for seasonality?

No — it uses a single blended year-round ADR and occupancy rate. For markets with strong seasonal swings, run separate peak and off-peak scenarios and blend the results for a more accurate picture, especially for cash flow timing during slow months.

### Where should my ADR and occupancy estimates come from?

Ideally from real comparable listings in your specific submarket — similar bedroom count, amenities, and location tier — rather than a generic guess. Purpose-built market data platforms provide this comp data more reliably than estimating from a single standout listing.

### Does this include local occupancy taxes or permit costs?

No. Local short-term rental regulations, permit fees, and occupancy taxes vary significantly by city and aren't modeled here — check your specific market's requirements before finalizing a revenue projection.

## Related concepts

- **Average Daily Rate (ADR)** — The average nightly price charged across all bookings in a period, blending peak and off-peak pricing into one representative figure.
- **Occupancy rate** — The percentage of available nights actually booked, used alongside ADR to project total revenue.
- **Host fee** — The percentage platforms like Airbnb charge hosts on booking revenue, typically around 3% under the standard split-fee model.

## Related guides

- [Airbnb ROI Guide: How to Calculate Cap Rate, Cash Flow, and Cash-on-Cash Return](https://dothecalculation.com/blog/property/airbnb-roi-guide) — Underwrite short-term rentals like a professional. Learn how to calculate cap rate, monthly net cash flow, and occupancy-driven returns using actual vacation rental math.

## Related calculators

- [Airbnb ROI Calculator](https://dothecalculation.com/calculators/airbnb-roi-calculator) — Calculate Airbnb rental ROI, including projected monthly cash flow, cap rate, and cash-on-cash return, to evaluate short-term rental profitability.
- [Rental Property ROI Calculator](https://dothecalculation.com/calculators/rental-property-roi-calculator) — Calculate rental property ROI with projected monthly cash flow, cap rate, cash-on-cash return, and net operating income for investment properties.
- [Commercial Cap Rate & Valuation Calculator](https://dothecalculation.com/calculators/cap-rate-market-calculator) — Calculate commercial property capitalization rates and estimate implied property valuation from net operating income for investment analysis.
- [Gross Rent Multiplier (GRM) Calculator](https://dothecalculation.com/calculators/gross-rent-multiplier-calculator) — Estimate property value and calculate the Gross Rent Multiplier from purchase price and annual rental income for quick investment screening.
- [Net Operating Income (NOI) Calculator](https://dothecalculation.com/calculators/net-operating-income-calculator) — Calculate a rental property Net Operating Income from gross rent, other income, vacancy loss, and a full operating expense breakdown.
- [Property Cash Flow Calculator (Monthly)](https://dothecalculation.com/calculators/property-cash-flow-calculator) — Calculate monthly rental property cash flow and DSCR from rent, vacancy, the full operating expense stack, and the mortgage payment.

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_This calculator is for educational and planning purposes. Actual short-term rental revenue depends on market-specific demand, seasonality, local regulations, and property-specific factors not captured in a blended annual model. Verify ADR and occupancy assumptions against real comparable listings before relying on this for an investment decision._

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_Source: [Do The Calculation](https://dothecalculation.com/calculators/short-term-rental-revenue-calculator). Quote freely with attribution and a link to this page._
