Property Management Fee Calculator
Fee Estimate
Calculate total property management fees
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Formula
Total Cost = (Monthly Rent x Fee Rate x 12) + Lease-Up Fees + Maintenance Markup
Frequently Asked Questions
What is a typical property management fee?
Property management fees typically range from 8-12% of monthly rent for long-term rentals. Short-term vacation rentals may charge 20-30%. Additional fees include lease-up fees (50-100% of first month rent), maintenance markups (10-20%), and eviction fees.
Is property management worth the cost?
Property management is worth it if you value your time, own multiple properties, live far from your rental, or lack landlord experience. The cost reduces your returns but saves time, reduces legal risk, and often results in better tenant screening and lower vacancy.
What does a property manager do?
Property managers handle tenant screening, rent collection, maintenance coordination, lease enforcement, financial reporting, legal compliance, and eviction proceedings. Full-service managers handle all aspects of property operations.
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