Calculate the total cost of managing your property with our easy-to-use tool.
Property Management Cost Calculator
Use this calculator to estimate the annual profit for a rental property after accounting for various costs.
How to use it:
- Enter the property value in dollars.
- Enter the annual maintenance cost as a percentage of the property value.
- Enter the property tax rate as a percentage of the property value.
- Enter the annual insurance cost in dollars.
- Enter the monthly utilities cost in dollars.
- Enter the property management fee as a percentage of the annual rent.
- Enter the annual rent income in dollars.
- Click “Calculate” to see your estimated annual profit.
Calculation Details:
The calculator uses the following formula to calculate the profit:
- Total Annual Cost = Maintenance Cost + Property Tax + Insurance Cost + Annual Utilities Cost + Management Fee
- Profit = Annual Rent – Total Annual Cost
Limitations:
This calculator provides an estimate based on the values you enter. It does not account for unforeseen expenses or changes in market conditions. For a more accurate assessment, consult a financial advisor or property management service.
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