Free Property Management Fee Calculator
Calculate property management fees based on a percentage of collected rent plus common additional charges.
USD
%
%
Total Annual Management Cost
$7,300
Monthly Management Fee$400.00
Annual Leasing Fees$2,500
Effective Annual Rate12.2%
Total Annual Management Cost vs Monthly Collected Rent
Property Management Fees
Property managers typically charge a monthly percentage of collected rent plus additional fees for leasing and other services.
Fee Structure
Monthly Fee = Collected Rent x Management Rate%
Leasing Fee = First Month Rent x Leasing Rate% x Turnovers
Typical Rates
Example Calculation
$5,000/month collected rent, 8% management, 50% leasing fee, 1 turnover per year.
- 01Monthly management fee: $5,000 x 8% = $400
- 02Annual management fees: $400 x 12 = $4,800
- 03Leasing fee: $5,000 x 50% x 1 = $2,500
- 04Total annual cost: $4,800 + $2,500 = $7,300
- 05Effective annual rate: $7,300 / $60,000 = 12.2%