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Property Management Cost Calculator

Estimate a year's property management fees: the monthly fee, lease-up fees and repair markups, as a share of rent.

Change the values and press Calculate to work out your own figures.

Enter the rent and the manager's fees.

About monthly rentRent for a full month.
About management fee, % of rent8–12% is common.
About currencyChanges how amounts are shown, not the math; your choice is remembered on this device.
About lease-up fee, % of a month's rent (optional)Charged for each new tenant.
About new tenants a year (optional)1 if blank.
About repairs a year (optional)Cost of repairs the manager arranges.
About repair markup, % (optional)Added to repair bills.
Result
Fees a year
$2,720.00
Rent a year
$19,200.00
Fees as a share of rent
14.17%
A month on average
$226.67

Management costs $2,720.00 a year.

Fee breakdown
FeeA year
Management fee$1,920.00
Lease-up fees$800.00
Repair markup$0.00
Show the working
  1. fees = rent × fee × 12 + rent × lease-up fee × new tenants + repairs × markup

How to use it

Enter the rent and the manager's fees.

Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.

Key facts

fees = rent × fee × 12 + rent × lease-up fee × new tenants + repairs × markup

Questions

What does 10% management cost on $1,600 rent?

$160 a month, $1,920 a year.

Formulas

fees = rent × fee × 12 + rent × lease-up fee × new tenants + repairs × markup

Sources

Limitations

  • Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
  • Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.

Formula version 0.1.0Reviewed