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Compare and Save
Below find a comparison table showing relative cost between:
- Doing Rental Management
completely on Your Own
- Utilizing a Property
Management Company - assumed average 45% commission for purposes of
this comparison
- Using PMBOTM proven property management software, assuming yearly registration
at $12.50 / month
Assumption: Conservative
$10,000 in rental revenue per annum
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Manage
On Your Own |
Property
Management Company
(assume 45% commission) |
PMBOTM |
One
Time Setup: |
|
|
|
Set Up Website |
$200
- $500 |
N/A |
Included |
Inventory
Management |
$200
- $400 |
Included |
Included |
Rate Management |
$200
- $400 |
Generally,
N/A. Mgmt Co Sets Rates |
Included |
Online Reservations |
$300
- $500 |
Varies
per Mgmt Company |
Included |
Credit Card
Merchant |
$250
- $750 |
Usually |
Included |
Rental Mgmt
Reports |
$100
- $300 |
Varies
per Mgmt Company |
Included |
Email Confirmations |
$50
- $100 |
Varies
per Mgmt Company |
Included |
Marketing |
$100
- $1000+ |
Included,
Varies per Mgmt Company |
Included
via Online Affiliate Sites |
Recurring
Fees |
|
|
|
Monthly Web
Hosting |
$10
- $50 |
N/A |
$12.50 |
Monthly Credit
Card Fee |
$15
- $30 |
N/A |
Included |
Rental
Commission/Fees |
N/A |
$10,000
* 45% = $4,500 |
$10,000
* 12% = $1,200 |
Total Cost per
Annum |
$1,700
- $4,900 |
$4,500 |
$1,350 |
Mgmt Time
Required |
Significant |
None |
Minimal |
Set Up Time |
3 to 6 months |
Varies |
1
Hour |
Web Site
Updates |
At
Hourly Cost |
N/A |
Updateable
via Administration |
Like
what you see? Get started today and turn your vacation property
into a positive cash flow investment! Click here to get started using our rental property management software!
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