Property Management Cost Calculator

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Understanding Property Management Costs

Key Components of Property Management Fees

  • 📊 Management Fee: Typically 8-12% of monthly rent, covering day-to-day management tasks
  • 🔑 Lease-Up Fee: One-time fee for finding and screening tenants, usually 50-100% of first month's rent
  • 🔧 Repair Markup: Additional percentage charged on maintenance costs, commonly 10-20%

Tips for Property Owners

  • 💡 Compare Services: Look beyond just fees - consider the scope of services offered
  • 📝 Contract Terms: Carefully review what's included in the base management fee
  • 💰 Budget Planning: Factor in all potential fees when calculating your investment returns