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Calculate Your Potential Savings

What is the true cost of self-managing your investment properties?

 

Often, we take the value of our time for granted, even though it is the most precious resource we have. If you don't track all the time you spend managing your property it can be hard to calculate the true cost. Use this calculator to compare the costs of self-management versus hiring a property manager.

1 What is an hour of your time worth?

You can calculate this by using your most recent pay rate or use the average for your industry.

$0000
2 Time Spent Managing Your Rental On average, how many hours do you spend each month on:

Preparing financial reports and statements?

0000

Processing rent payments?

0000

Tenant Maintenace?

0000

Photographing, writing, and listing the property on rental websites?

0000

Phone calls with tenants, vendors, property owners, etc.?

0000
3 The Cost of Hiring a Property Manager


What is the monthly rent amount for all your properties?

$ 0000

Property Management Fee

$0000
Calculate
Results
$0000
COST SAVINGS / MONTH
0000
HOURS SAVED / MONTH