All Forum Posts by: John C.

I am an aspiring Short Term Rental investor looking to get feedback on a pro forma spreadsheet. I am looking at properties around the Joshua Tree, CA area. Please see spreadsheet link below and feel free to use it as a template.

Formula for Estimated Additional fees is --> (Total Nights Book / 2 Night Average Stay) * $120 --> $120 is total of $60 Cleaning Fee and $60 Service Fee.

https://docs.google.com/spread...

The $60 service fee, is that referring to the 3% host fee that goes to Airbnb? What is the additional cleaning expense of $200 for?

Hey Jason,

The $60 service is what I would additionally charge each guest in addition to the nightly rate.

I am factoring additional cleaning and services fees to my income. Then deducting the expense (what I would actually pay for the cleaning) after collecting the fees as income from the guests.

Ok, I understand the cleaning fee side of this. We charge our guests a $175 cleaning fee per booking and $150 goes immediately to our cleaner per turnover and we save the $25 per turnover to go towards a deep clean bi-monthly so the cleaner eventually gets all of the $175 cleaning fee.

I don't understand why you would charge an additional $60 per guest in addition to the nightly rate and cleaning fee. Please advise?

I mistyped, its not $60 for each guest its $60 for each "guest stay". So an additional $120 each time a guest books a stay.

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Quote from @Jason Kudo:

Quote from @John C.:

Formula for Estimated Additional fees is --> (Total Nights Book / 2 Night Average Stay) * $120 --> $120 is total of $60 Cleaning Fee and $60 Service Fee.

https://docs.google.com/spread...

The $60 service fee, is that referring to the 3% host fee that goes to Airbnb? What is the additional cleaning expense of $200 for?

Hey Jason,

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Formula for Estimated Additional fees is --> (Total Nights Book / 2 Night Average Stay) * $120 --> $120 is total of $60 Cleaning Fee and $60 Service Fee.

https://docs.google.com/spread...

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All Forum Posts by: John C.

John C. has started 1 posts and replied 3 times.

Post: Short Term Rental Pro Forma Spreadsheet

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Post: Short Term Rental Pro Forma Spreadsheet