STR yield (Airbnb / Booking / Vrbo)

Calculate the annual net income of your short-term rental property in Luxembourg, all costs and taxes included.

The property

Municipality

Surface

m²

Guest capacity

Acquisition price

€

To compute gross/net yield

Commercial performance

ADR (avg price/night)

€

Reference Luxembourg-City: €90-180/night depending on district

Occupancy rate

= 219 nights/year

Main channel

Avg stay length

nights

LU avg ~3 nights

Operating costs

Cleaning / stay

€

LU: €30-70

Vacancy between stays

days

Annual PNO insurance

€

Increased for ST (+50-100% vs LT)

Internet + TV / year

€

Electricity + water / year

€

Paid by host in STR

Furniture depreciation

€/an

Subscriptions (Guesty, PriceLabs...)

€/an

Taxation

Marginal IR rate

LU max: 45.78% (42% × employment contribution 1.09)

Annual net income after tax

9.435 €

i.e. 786 €/month after everything (costs, OTA, IR)

Net yield : 2.10%

Breakdown

Gross revenue26.280 €

OTA commission (airbnb)- 3.942 €

Revenue after OTA22.338 €

Cleaning (73 stays)- 3.285 €

Linen- 1.460 €

Consumables- 584 €

Annual fixed costs- 3.530 €

Total operating costs- 8.859 €

Net before tax13.479 €

Estimated IR (30%)- 4.044 €

Net after tax9.435 €

Operating metrics

Number of stays/year73

Nights rented/year219 / 365

RevPAR (revenue/available day)72 €

Effective ADR (after OTA)102 €

Cost/revenue ratio48.71 %

Gross yield5.84%

Net yield2.10%

Vs long-term rental (5% rule indicative)

STR net/year

9.435 €

LT net/year (5% rule)

13.750 €

STR vs LT delta : -4.315 €/an in favor of LT

Warning: beyond 90 STR days/year, accommodation license mandatory in LU. See the compliance tool.

Chargement...