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Florida Short-Term Rental Revenue Calculator

Estimate your Airbnb or VRBO revenue using Florida market data. Property tax, insurance, and vacancy defaults are pre-filled with current Florida averages. Cash-on-cash return separates a profitable STR from an expensive hobby.

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Revenue Assumptions

Investment & Financing

Operating Expenses(Florida defaults)

Total Annual Operating Expenses$32,539

Florida Market Context

Avg Cap Rate

5.5%

Median Price

$415K

Property Tax

0.8%

Vacancy Rate

6.9%

Local Factors

  • -No state income tax, no capital gains tax, no estate tax — rental income taxed at federal level only
  • -Homestead exemption ~$51K (owner-occupied only, does NOT apply to investment properties)
  • -Investment properties capped at 10% annual assessed value increase (vs 3% for homestead)
  • -Hurricane impact windows/shutters required in High-Velocity Hurricane Zones (Miami-Dade, Broward) — $8K–$25K installed, but can reduce insurance 15–45%
  • -Flood insurance required in FEMA Special Flood Hazard Areas (avg $878/yr, high-risk zones $2,200+)
  • -Landlord/dwelling insurance avg ~$3,815/yr — roughly 2x the national average
  • -Vacancy rates rising statewide (6.9%, up from 5.8%) — supply glut in some metros (Tampa 10.3%)
  • -No rent control statewide — landlords can set market rates

How to Analyze a Short-Term Rental

Nightly rate × occupancy determines your top line, but the real story is in what's left after expenses. STRs carry higher operating costs than long-term rentals — cleaning, furnishing, platform fees, utilities, and guest supplies all eat into revenue.

RevPAN (Revenue Per Available Night) accounts for vacancy — it's your gross revenue divided by 365. This metric lets you compare properties regardless of how they're marketed or how stay lengths differ.

Management costs are the biggest variable. Self-managing saves 20–30% but costs you time. Full-service STR management typically runs 20–25% of gross revenue. Factor in your time honestly.

Always stress-test with lower occupancy — markets shift, regulations change, and new supply comes online. A deal that only works at 80% occupancy is a deal that's one bad season from going underwater.

Annual Cash Flow

$-22,070

Negative

Cash-on-Cash Return

-22.5%

Gross Revenue$36,975
Rental Income$24,225
Cleaning Fee Income$12,750
Operating Expenses$32,539
NOI$4,436
Annual Debt Service$26,506
Monthly Mortgage$2,209
RevPAN$101/night
Monthly Cash Flow$-1,839
Total Cash Invested$98,000
CASH FLOW$-22,070
Cash Flow$0
Mortgage$26,506
Management$7,395
Cleaning$8,500
Platform Fees$1,109
Property Tax$3,320
Insurance$3,815
Utilities$3,600
Maintenance$3,000
Supplies & Other$1,800

What does this mean?

This STR is losing money at these numbers. Either the nightly rate needs to increase, occupancy needs to improve, or expenses need to come down. Many hosts underestimate cleaning, furnishing, and platform fees.

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