How to Analyze Income on a Short-Term Rental

There's some overlap, obviously, between what Ashley just explained and what we'll be doing with short-term rentals. When you're analyzing a property as a short-term rental, specifically when it comes to the income, there are three key pieces of information that you need to understand. The average daily rate, occupancy and cleaning fees combine to make up your income for a property. In the short term rental industry, what people are willing to pay for a single night varies pretty dramatically depending on the week of the or the night of the week they're booking.

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