Hello,
I’m relatively new to Airbnb hosting and trying to calculate my break-even point. What’s the best way to account for variable costs, like cleaning fees, along with fixed costs like mortgage payments?
Hello, To calculate your Airbnb break-even point, sum up fixed costs like mortgage, insurance, and utilities. Next, factor in variable costs such as cleaning fees, maintenance, and supplies per booking. Divide the total costs by your average nightly rate to estimate how many bookings are needed to break even. For deeper insights, I recommend reading Smarthost's post It covers borough-specific rates and tips on optimizing your listing, which can help maximize bookings and cover costs effectively.
Also, don’t forget to factor in occasional expenses like repairs or replacements. I use a spreadsheet to track all these costs—it helps me see trends and plan better.
