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Updated 7 months ago, 04/13/2024
AirDNA calculator question for STRs
The question I have is when Customizing your estimate on expenses in AirDNA. I do not currently own a STR and am looking at the numbers to see if one will work in my situation.
The average daily rate includes cleaning expenses in AirDNA when I hover over the question mark next to it. Therefore, I understand that you would need to include the cleaning fees in your expenses.
However, the lodging tax is NOT included in this average daily rate. I do understand the lodging tax will be an expense that needs to be remitted to the appropriate jurisdictions. But, this is being collected separately in Airbnb I see. Therefore, this would not affect the average daily rate that is being charged. Correct?
So, when doing my calculations in the AirDNA calculator I should leave this expense off even though it has a place for this. Correct? This is what I am seeing and just need confirmation.