General STR Expenses

[Kenneth Garrett]

I am a long term self property managed investor (20 units - mix of SFR and small Multi-units) looking to buy my first STR/Vacation House in the Florida Panhandle (Destin/Navarre). Looking for advice from seasoned STR investors as to monthly expenses. See example below and appreciate any insight. Purchase $600,000, 20% down, near the beach. I see some or part of the cost on the platforms are paid by the renter; cleaning, booking fees, other fees, etc.

Mortgage $2000 

Property Taxes $350

Insurance $150

Internet $70

Electricity $150

Gas $80

Water $100

Host Fee $150 

Supplies $150

Cleaning $400

Software $100

Landscaping $100

Repairs $100

Total $3900