Annual operating estimate
The annual operating result is before debt service and income tax. It excludes lodging taxes, guest service fees, deposits, refunds, capital expenditure and acquisition costs. It is not take-home pay, ROI, cash-on-cash return or a guaranteed payout. This flat annual model does not forecast demand, seasonal pricing or local permission to operate.
Annual fee convention
The host platform fee applies to lodging plus guest cleaning-fee revenue and rounds half-up once to cents for the modeled year. Every downstream total uses that same rounded fee. Actual booking-level payouts can differ. Ratios round to six decimals and display to two percentage decimals; unavailable is different from 0%.