Calculator

Property Expense Calculator

Roll up tax, insurance, HOA, maintenance, and management into one monthly total and an expense ratio.

Property Expense Calculator

$
$/yr
$/yr
$/mo
$/yr
% of rent
$/mo
$/mo

Property management

$188/mo

Total monthly expenses

$738/mo

Annual total

$8,857

Expense ratio (of rent)

27.5%

The formula

Management fee

Rent × management%

Expense ratio

Total monthly expenses ÷ rent

Investors commonly underestimate maintenance and management when they first run the numbers, then get surprised by the real expense ratio once the property is actually operating — this worksheet forces every line item onto the page up front.

A rough industry rule of thumb often cited for total operating expenses (excluding the mortgage) is 35–50% of gross rent — useful as a sanity check, not a substitute for the actual bills.