What's your time worth?
What does self managing really cost?
Most owners never bill themselves for the hours. This worksheet does, and it tells you the truth either way.
Owner vs Pro Calculator
Price your own time
$
$/hr
hrs/mo
hrs/mo
hrs/mo
Defaults are examples. Use your own numbers.
Versus a Pro
- Your time, 7 hrs/mo
- $350
- Self managing, true cost
- $350
- APMG management fee (8% of rent, bookkeeping included)
- $176
- Difference, per month
- $174
Total owner time cost / month$350
Total with a pro$176
Repairs: your vendor vs ours
$
$/hr
per yr
hrs
Versus a Pro
Per year
- Your vendor
- $1,150
- APMG: $0 service call, $75/hr billed on the half hour
- $450
- Annual savings
- $700
Our volume and vendor relationships mean discounted service and no fee just to show up.
Total owner repair costs / year$1,150
Annual savings$700
Leasing fee: yours vs ours
$
%
Large brokerages often charge 100% to 120% of one month's rent.
Versus a Pro
Per lease
- Your current fee
- $2,200
- APMG leasing fee (80% of one month's rent)
- $1,760
- Savings
- $440
That covers about 2.5 months of our 8% management fee.
Total owner leasing cost$2,200
Total with a pro / lease$1,760
Bottom Line
Total owner cost$7,550
Total with pro$4,322
Savings with a pro$3,228