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Package Locker ROI Calculator
Lockers save staff time. This calculator sizes.
Payback years
6.86
Annual savings
$5,100
Staff time savings
$3,300
How the math works
Staff time = pkgs × time / 60 × rate × 12. Total = staff + theft. Payback = cost / savings.
250 pkgs × 3 min = 12.5 hr/mo × $22 = $275/month staff savings = $3,300/yr. + $1,800 theft = $5,100/yr. Cost $35k → 6.9 years. Worth it in high-package-volume buildings; alternative amenity priorities in lower-volume.
How to Use
- Enter packages per month.
- Enter locker capital cost.
- Enter staff time saved per package (min).
- Enter staff rate/hour.
- Enter theft/lost package cost annual.
- Read payback.
Frequently Asked Questions
Smart locker cost?
Small (24 compartments): $15-25k. Medium (48): $25-40k. Large (100+): $50-80k. Install/integration: $5-10k. Cloud service: $50-200/month. Cost scales with size and features (refrigerated, oversized).
Time savings?
Staff receiving/distributing: 2-5 minutes per package. 200 packages/month × 3 min = 10 hours/month. $20/hr staff = $200/month = $2,400/yr. Plus tenant self-service convenience (no office hours constraint).
Theft reduction?
Porch theft prevention. Reduced disputes over missing packages. Some owners absorbed $500-2000/year in lost package claims. Lockers eliminate. Combined with staff time = $3-5k annual savings on typical mid-size multifamily.
How often should I rerun this?
Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.
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