Estimating your monthly rental income is an essential step before listing a property on platforms like Flexsirent. It helps you understand your earning potential and plan your finances effectively.
To get started, consider the average nightly or monthly rental rate for similar properties in your area. For example, if comparable listings are priced at €50 per night and you expect to have 20 nights booked per month, your estimated gross income would be €1,000 (€50 x 20 nights). If you’re renting monthly, and similar properties are listed at €1,200 per month, that figure becomes your gross income estimate.
Next, factor in platform service fees, which Flexsirent may deduct before payout. If the platform charges a 10% service fee, you would receive €900 from a €1,000 gross income.
Don’t forget to consider additional costs like utilities, maintenance, cleaning services, and any applicable taxes (such as VAT or local taxes). Subtracting these from your gross income will give you a more accurate picture of your net monthly income.
Flexsirent offers tools and support to help you price your property competitively and maximize occupancy—making your rental experience smoother and more profitable.