← Back to Tools
Property Management Cost Calculator
Compare the true cost of self-managing your rental property vs. hiring a professional property manager. Most landlords underestimate the hidden costs of DIY management.
Your Property Details
$
Your Time Value
What's an hour of your time worth? Consider your salary or what you could earn doing something else.
Include showings, maintenance calls, rent collection, tenant communication, etc.
Property Management Fees
Leaseway charges 10% monthly management fee. Industry average is 8-12%.
Cost Comparison
Self-Management (Hidden Costs)
Your time value$6,000
Higher vacancy loss$360
Maintenance markup$180
Legal/compliance risk$90
Missed rent increases$360
Annual Total$6,990
Professional Management
Management fee (10%)$1,800
Leasing fee (amortized)$375
Annual Total$2,175
You Could Save
$4,815/yr
+ 120 hours of your time back
What's Included in Professional Management
24/7 emergency maintenance line
Professional tenant screening
Rent collection & late fee enforcement
Monthly financial statements
Vendor management & discounts
Legal compliance & documentation
Move-in/move-out inspections
Market rent analysis & optimization
Eviction processing if needed
Online owner portal access