Free Tool

Short-term vs mid-term rental

Nightly stays gross more and cost more to run. Monthly tenancies gross less and leave you alone. Put your own numbers in and see which one actually wins on this property.

Short-term (nightly)

Nightly rateOccupancy (%)Cleaning per stayAverage nights per stayChannel fee (%)Co-hosting fee (%)Other monthly running costs (utilities, wifi, supplies)

Mid-term (monthly)

Monthly rentMonths occupied per yearTurnover costManagement fee (%)Other monthly running costs

Mid-term tenancies in Florida are often the way around a 30-day minimum stay rule. Check the rules page for your city before you assume either strategy is allowed.

Side by side

Modelled from your inputs

Short-term net

$27,815

$54,240 gross over 226 nights, less $26,425 of costs.

Mid-term net

$26,200

$32,000 gross, less $5,800 of costs.

On these numbers short-term comes out ahead by $1,615 a year. Net figures here are before income tax, and they do not price in your own time.

Want us to sanity-check these numbers?

Send the property details and we will come back with what we think it can realistically do and what we would charge to run it.