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Real estate & rental

Real Estate Property Management Fee Calculator

What property management really costs once leasing fees, renewals and markups are counted.

Your numbers

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As a share of one month's rent.
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As a share of one month's rent.
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Result

Total annual cost $4,032
Management fees $2,592
Leasing and renewal fees $1,200
Maintenance markup $240
Effective rate on gross rent 14.00%
Management costs $4,032 a year, an effective 14.00% of gross rent rather than the headline 9. Leasing and renewal fees add $1,200 and the maintenance markup another $240.

An arithmetic tool, not financial or legal advice. Lending criteria, tax treatment and tenancy law all vary by state and change regularly. Confirm anything that affects a decision with a lender, an accountant or an attorney. The advertised percentage is rarely the real cost. Leasing fees, renewal fees, maintenance markups, inspection charges and sometimes a share of late fees all add to it, and the effective rate is often half again as much as the headline. Ask for the full fee schedule.

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Questions

About this calculator

What is a typical management fee?

Eight to twelve percent of collected rent for single family, less per unit for larger multifamily. The headline figure is only part of the cost.

Is self-managing worth it?

It depends on your time and proximity. The fee is visible and the value is not: a good manager reduces vacancy, turnover and legal risk, and any of those can exceed the fee.

The formula

total = management fee on rent + leasing and renewal fees + markup on maintenance

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Estimating is the easy part

The jobs you never hear about cost more than the ones you mis-measure. BDEVY builds the marketing, systems and automation that bring them in.