Management fee comparison

See the true cost of property management

Enter the property's monthly rent and compare the estimated yearly cost.

Use the gross monthly rent before management fees.

Assumes one new tenancy and one paid inspection in year one, then one renewal and one paid inspection each following year.

Editable average fees

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Non-resident withholding service Yearly admin fee, when applicable $
Estimated first-year cost $0
Following year with renewal $0
No junk fees

1st Rate Rentals

No other fees
Ongoing management Percentage of annual rent 7%
New tenancy fee Fixed fee per new tenancy $499
Lease renewal No additional charge Included
Maintenance overhead Vendor repairs billed without markup 0%
Property inspections No additional charge Included
Non-resident withholding service No additional charge Included
Year-end accounting No additional charge Included
Your estimated first-year cost $0
Following year with renewal $0
You could save $0 in the first year with us. With a renewal, you could continue to save $0 each following year.
Other fees worth asking about

Setup or onboarding fees, per-work-order charges, vacancy fees, eviction coordination, and early-termination charges.

Estimates are for comparison only. A future tenant turnover would trigger another new-tenancy fee. Only the manager's markup on the assumed $1,500 in repairs—not the repairs themselves—is included. Non-resident withholding refers to a manager's administration fee, not tax withheld.