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Results
Monthly Management Cost
Total Annual Management Cost
Gross Annual Rent
Effective Annual Rent (after vacancy)
Calculation Principles & Formulas
Property management fees are typically based on actual rent collected (after accounting for vacancy) plus any flat fees:
Effective Annual Rent = Gross Annual Rent × (1 - Vacancy Rate)
Annual Management Cost = (Effective Annual Rent × Management Fee Rate) + (Monthly Flat Fee × Occupied Months)
Monthly Management Cost = Annual Management Cost ÷ 12
Note: Most property management companies only collect a percentage fee when the unit is occupied. Therefore, this calculator factors in your expected vacancy rate when estimating annual costs. Actual billing practices may vary based on your specific contract.
