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Ohio Short-Term Rental Revenue Calculator

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

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Revenue Assumptions

Investment & Financing

Operating Expenses(Ohio defaults)

Total Annual Operating Expenses$28,242

Ohio Market Context

Avg Cap Rate

7.2%

Median Price

$241K

Property Tax

1.28%

Vacancy Rate

5.8%

Local Factors

  • -Columbus is a standout growth market among Ohio cities with strong job growth
  • -Cleveland and Cincinnati offer high cash-flow potential at very low entry prices
  • -High property taxes are the main drag on investor returns

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

$-13,799

Negative

Cash-on-Cash Return

-21.8%

Gross Revenue$29,835
Rental Income$17,085
Cleaning Fee Income$12,750
Operating Expenses$28,242
NOI$1,593
Annual Debt Service$15,392
Monthly Mortgage$1,283
RevPAN$82/night
Monthly Cash Flow$-1,150
Total Cash Invested$63,200
CASH FLOW$-13,799
Cash Flow$0
Mortgage$15,392
Management$5,967
Cleaning$8,500
Platform Fees$895
Property Tax$3,085
Insurance$1,395
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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