Property Management Fee Calculator
Calculate property management costs including management fee, leasing fee, and maintenance markup.
By Konstantin Iakovlev · Updated September 2026 · Source: CFPB — Owning a Home
Monthly Fee
$200.00
Net Annual Income
$18,660.00
Self-Manage Savings
$4,140.00
Annual Breakdown
| Gross rental income | $24,000.00 |
| Management fees | -$2,400.00 |
| Leasing fee (per turnover) | -$1,500.00 |
| Maintenance markup | -$240.00 |
| Vacancy loss | -$1,200.00 |
| Net income | $18,660.00 |
Use the Property Management Fee Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
How It Works
Handing your rental over to a management company carries costs that are easy to underestimate, and pinning them down protects your margins. The estimate here pulls together the standard management percentage, one-time leasing fees, and the markups managers commonly add to maintenance work. Seeing those pieces together helps you judge whether the property still pencils out.
Three fees make up the annual total: the management fee (Monthly Rent * Management Fee Percentage * 12), one leasing fee (Monthly Rent * Leasing Fee Percentage, counted once a year as if a new tenant is placed every year), and the markup on maintenance. The calculator assumes maintenance runs 10% of the rent (Monthly Rent * 0.10 * 12) and counts only the manager's markup on it (Maintenance * Markup Percentage) as a management cost. It then subtracts the fees and a vacancy allowance (Monthly Rent * Vacancy Rate * 12) from gross rent to show your net annual income.
Watch for managers who bill a minimum monthly fee no matter how little rent comes in, since that floor can dwarf the percentage on a vacant or low-rent unit. Pin down whether leasing fees apply only to new tenants or also to renewals, and look hard at maintenance markups, which quietly eat into net operating income when left unchecked.
Example: Management Costs on a $2,200 Rental
- 1 Input: Monthly Rent = $2,200.00; Management Fee = 9.5%; Leasing Fee = 50% of one month's rent; Maintenance Markup = 15%; Vacancy Rate = 5%.
- 2 Fees: management $2,200 * 0.095 * 12 = $2,508.00 ($209.00 a month); leasing $2,200 * 0.50 = $1,100.00; assumed maintenance $2,200 * 0.10 * 12 = $2,640.00, so the 15% markup is $396.00. Total fees = $2,508.00 + $1,100.00 + $396.00 = $4,004.00, which the calculator also shows as your savings from self-managing.
- 3 Net income: gross rent $2,200 * 12 = $26,400.00, minus $4,004.00 in fees and a vacancy loss of $2,200 * 0.05 * 12 = $1,320.00, leaves $21,076.00 a year.
- 4 In a year with no tenant turnover the leasing fee drops out, so fees fall to $2,508.00 + $396.00 = $2,904.00.
Source: CFPB — Owning a Home · Last updated: September 2026
Frequently Asked Questions
How much do property managers charge?
What is a leasing fee in property management?
Is hiring a property manager worth it?
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