Nearest major airport to Florida Keys: The closest major airport to Florida Keys is Key West International Airport (EYW / KEYW). This airport is in Key West, Florida and is 49 miles from the center of Florida Keys. If you're looking for domestic flights to EYW, check the airlines that fly to EYW.
What is 'Operating Income'. Operating income is an accounting figure that measures the amount of profit realized from a business's operations, after deducting operating expenses such as cost of goods sold (COGS), wages and depreciation.
Operating Expense Ratio. The Operating Expense Ratio (OER) is the ratio of the total operating expenses and the effective gross income of the property. Operating expenses are costs associated with the operation and maintenance of the property. Typical property expenses include such items as property taxes, insurance, pest control, utilities, repairs and maintenance, supplies, advertising, attorney fees, accounting fees, and lawn maintenance. Operating expenses do not include loan payments, mortgage insurance payments, or capital improvements.