Owner Tools

Understand your costs, analyze your rental, and see what professional management is worth.

Pricing Estimate
Self-Management Cost
Compare SMART
Rental Analysis
Your portfolio
Number of units
Average monthly rent per unit
$
Annual lease renewals (% of units)
40%
FIG fee structure
Management fee
8% of collected rent
Only charged when rent is collected
Leasing fee
50% of one month's rent
Once per 12-month period per unit
Maintenance coordination
$20 / unit / month
Vendor management, coordination & reporting
Software & accounting
$10 / unit / month
All platforms and monthly reporting
Your monthly estimate
Gross monthly rent
$6,000
Management fee
$480
Maintenance coordination
$100
Software & accounting
$50
Leasing fee (amortized)
$200
monthly avg
Total monthly cost
$830
13.8% of gross rent
Your portfolio
Number of units
Average monthly rent per unit
$
Hours per unit per month
5 hrs
Your time value (hourly)
$
Monthly out-of-pocket costs
PM software / accounting
$
Marketing / listing fees
$
Legal / compliance / misc
$
Your true monthly cost
Time cost
$1,875
25 hrs/mo
Software & tools
$150
Marketing & legal
$175
Total monthly cost
$2,200
As % of gross rent
30.6%
Annual cost
$26,400

* Time cost reflects the real value of your hours — time spent managing is time not spent growing your portfolio or business. This is typically the most underestimated cost of self-management.

Based on your inputs in the Pricing and Self-Management tabs. Adjust those numbers to update this view.

Self-managing
Time cost—
Software & tools—
Marketing—
Legal & misc—
Vacancy risk (est. 5%)—
Monthly total—
FIG Property Management
Management fee (8%)—
Maintenance coordination—
Software & accounting—
Leasing fee (amortized)—
Your time freedIncluded
Eviction coverageIncluded
Monthly total—
Estimated monthly value of switching to FIG
Time recovered + cost difference
—
Property details
Monthly rent
$
Property value / purchase price
$
Monthly mortgage / carrying cost
$
Operating expenses
Monthly insurance
$
Monthly taxes
$
Maintenance reserve (% of rent)
10%
Investment metrics
Gross rent multiplier
—
lower = better value
Gross yield
—
Net operating income
—
annual
Monthly cash flow
—
Cash-on-cash (est. 20% down)
—
Expense ratio
—