Typical Monthly STR expenses

[Gulliver R.]

Hi All,

I'm doing some STR research prior to buying a property to use for vacation rental and I wanted to hear from you all what are the typical STR monthly expenses? I can think of mortgage, taxes, insurance, STR insurance, water/sewer, electricity, trash, internet/cable, cleaning (can pass through), supplies, and software.

Is there anything else I'm missing?

Also, how much is STR insurance typically per month (I know they vary)?

Thank you,

Gulliver

[Gulliver R.]

@Nathan Gesner Thank you for your input! Yes, those are for sure some things to keep in mind. I'll add them to my spreadsheet. And I'll repost this in that other category to get more eyes on it. Good call out!

Thanks again!

Gulliver