ResourcesCalculatorsSelf-Manage vs. Hire

Self-Manage vs. Hire Calculator

Is it worth paying a property manager? Use this tool to calculate the true cost of your time versus the fee of a professional.

Your Inputs
Adjust the values to match your situation.
10%

Typical range: 8-12%

The Value of Your Time

5h

Includes: screenings, repairs, accounting, tenant calls

Professional Management Cost
$3,000 /year

$250 monthly fee at 10%

True Cost of Self-Management
$3,000 /year

5 hours/mo × $50/hr

Verdict

Self-managing is "cheaper" by $0 annually, assuming no legal mistakes or extended vacancies occur.

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