As an Airbnb host, understanding your potential profit is crucial for making informed decisions and maximizing your earnings. This calculator helps you estimate your monthly net profit by taking into account various income streams and operational costs.
How the Calculation Works:
The calculator breaks down your potential monthly earnings and expenses into key components:
1. Gross Revenue Calculation:
Nights Booked: This is determined by multiplying the Average Nightly Rate by the Average Occupancy Rate and the total number of days in a month (approximated as 30.4 days for monthly calculations). Alternatively, if you directly input Average Nights Booked Per Month, this is used directly.
Revenue from Nights: `(Average Nightly Rate) * (Average Occupancy Rate) * 30.4` OR `(Average Nightly Rate) * (Nights Booked Per Month)`
Revenue from Cleaning Fees: `(Cleaning Fee Per Booking) * (Nights Booked Per Month)`
Total Gross Revenue: Sum of Revenue from Nights and Revenue from Cleaning Fees.
2. Total Variable Costs Calculation:
Variable Costs from Nights: `(Variable Costs Per Night) * (Nights Booked Per Month)`
Other Variable Costs: `(Other Fixed Fees Per Booking) * (Nights Booked Per Month)`
Total Variable Costs: Sum of Variable Costs from Nights and Other Variable Costs.
Net Profit: `(Gross Profit) – (Monthly Fixed Costs)`
This final figure represents your estimated profit after all income and expenses have been accounted for on a monthly basis.
Key Inputs Explained:
Average Nightly Rate: The typical price you charge per night. Consider seasonality and demand.
Average Occupancy Rate: The percentage of nights your listing is booked over a period.
Average Nights Booked Per Month: If you prefer, you can directly input the number of nights you typically book per month, overriding the occupancy rate calculation.
Cleaning Fee Per Booking: A fee charged to guests for cleaning.
Other Fixed Fees Per Booking: Any other costs that are incurred each time a guest books (e.g., a portion of platform fees, shared amenities).
Monthly Fixed Costs: Recurring costs that don't change with occupancy, such as rent/mortgage, property taxes, insurance, internet, and subscription services.
Variable Costs Per Night: Costs that fluctuate based on usage, like increased utility consumption (electricity, water, gas), toiletries, and minor wear and tear.
Using the Calculator:
Enter realistic figures for your listing. For the most accurate results:
Review your past booking data to determine accurate occupancy rates and average nightly rates.
Keep track of all your monthly expenses, both fixed and variable.
Use the calculator regularly (e.g., quarterly) to reassess your pricing and cost management strategies.
This tool is designed to provide an estimate. Actual profits may vary based on unforeseen circumstances, market fluctuations, and specific guest behaviors.
function calculateAirbnbProfit() {
var avgNightlyRate = parseFloat(document.getElementById("averageNightlyRate").value);
var occupancyRate = parseFloat(document.getElementById("occupancyRate").value);
var nightsPerMonthInput = parseFloat(document.getElementById("nightsPerMonth").value);
var cleaningFee = parseFloat(document.getElementById("cleaningFee").value);
var otherFeesPerBooking = parseFloat(document.getElementById("otherFeesPerBooking").value);
var monthlyFixedCosts = parseFloat(document.getElementById("monthlyFixedCosts").value);
var variableCostsPerNight = parseFloat(document.getElementById("variableCostsPerNight").value);
var resultValueElement = document.getElementById("result-value");
resultValueElement.textContent = "–"; // Reset result
// Input validation
if (isNaN(avgNightlyRate) || isNaN(occupancyRate) || isNaN(cleaningFee) || isNaN(otherFeesPerBooking) ||
isNaN(monthlyFixedCosts) || isNaN(variableCostsPerNight) || (isNaN(nightsPerMonthInput) && occupancyRate === 0)) {
alert("Please enter valid numbers for all fields.");
return;
}
// Ensure occupancy rate is between 0 and 100
if (occupancyRate 100) {
alert("Occupancy Rate must be between 0 and 100.");
return;
}
var daysInMonth = 30.4; // Average days in a month
var calculatedNightsBooked;
// Determine nights booked: prioritize direct input if provided and valid
if (!isNaN(nightsPerMonthInput) && nightsPerMonthInput >= 0) {
calculatedNightsBooked = nightsPerMonthInput;
} else {
// Calculate nights booked based on occupancy rate
calculatedNightsBooked = (occupancyRate / 100) * daysInMonth;
}
// Ensure calculated nights are not negative
if (calculatedNightsBooked < 0) {
calculatedNightsBooked = 0;
}
// Calculate Revenue
var revenueFromNights = avgNightlyRate * calculatedNightsBooked;
var revenueFromCleaning = cleaningFee * calculatedNightsBooked;
var totalGrossRevenue = revenueFromNights + revenueFromCleaning;
// Calculate Costs
var variableCostsFromNights = variableCostsPerNight * calculatedNightsBooked;
var otherVariableCosts = otherFeesPerBooking * calculatedNightsBooked;
var totalVariableCosts = variableCostsFromNights + otherVariableCosts;
// Calculate Profit
var grossProfit = totalGrossRevenue – totalVariableCosts;
var netProfit = grossProfit – monthlyFixedCosts;
// Display Result
resultValueElement.textContent = "$" + netProfit.toFixed(2);
}