Short-Term Rental Yield Calculator
Calculate short-term rental yield using occupancy, nightly rates, operating costs and property expenses.
Working out yield on a holiday or short-term rental takes a different approach to a long-term tenancy. Instead of a single flat rent per week or month, income is built from an expected nightly (day) rate multiplied by an occupancy rate — the share of nights the property is actually booked across the year. That estimated rental income is what this calculator turns into gross and net yield. If you rent on a fixed weekly or monthly rent instead, use the long-term rental yield calculator.
Your numbers
Purchase price or current market value
Gross yield
7.58%
A$56,880 gross income per year
Net yield
4.35%
A$32,642 net income per year
Your place is yielding 4.35% net
Akweno tracks it automatically as your occupancy, nightly rate, fees and running costs change.
Track this property in AkwenoStart free · Plans from $9/month
Annual breakdown
- Room revenue
- A$52,140
- Guest fee income
- A$4,740
- Platform & management
- − A$10,238
- Running costs
- − A$14,000
- Net income
- A$32,642
Yields are a guide only and exclude loan interest, capital growth and tax. Figures update as you type.
Why short-term yield is different
A long-term tenancy gives you one predictable rent. A short-term let is a small business — income swings with occupancy and season, and the costs are higher and more frequent.
Gross yield
Annual income ÷ property value × 100
Annual income here is nightly rate × booked nights, plus the fees guests pay on top (cleaning, pet, extra-guest). It's the headline return before you pay a cent to a platform or a cleaner — useful for comparison, but optimistic.
Net yield
(Annual income − fees − running costs) ÷ value × 100
This strips out platform and management commission and the real running costs — cleaning, utilities, internet, insurance, restocking and subscriptions. For short-term lets the gap between gross and net is usually much wider than for a long-term rental.
How occupancy drives everything
Occupancy is the single biggest lever. A $220 nightly rate at 65% occupancy is about 237 booked nights — roughly $52,000 of room revenue. Drop to 45% occupancy and you lose nearly a third of that income while most of your fixed costs stay exactly the same. That's why the calculator lets you enter occupancy as a percentage or as average nights booked per month, whichever you can estimate more confidently.
A few things this estimate doesn't include
- Seasonality — real occupancy and nightly rates rise and fall through the year; this uses your annual averages.
- Loan interest — yield measures the property, not how you financed it.
- Capital growth — the change in the property's value over time is a separate return.
- Tax — deductions, depreciation and your marginal rate all affect what you keep.
- Furnishing and set-up — the upfront cost of fitting out a short-term let is a capital item, not a running cost.
Akweno tracks short-term rentals per stay for your real portfolio — occupancy, fee income, platform costs and net yield — alongside your long-term properties, all consolidated into one reporting currency. Start free.
Renting long-term instead? Use the standard rental yield calculator.
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