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Smart Locker ROI Calculator
Package lockers save staff time + delight residents.
Payback months
40.7
Monthly net benefit
$1,350
Lifetime ROI multiple
2.9
How the math works
Net = revenue + labor savings. Payback = capex / net. Lifetime = net × years × 12.
$150 + $1,200 = $1,350/mo. $55k / $1,350 = 40 months payback. 2.9x lifetime ROI.
How to Use
- Enter units.
- Enter capex installed.
- Enter monthly subscription revenue.
- Enter monthly labor savings.
- Enter lifespan years.
- Read ROI.
Frequently Asked Questions
Why install?
Package volume exploded (3-5 packages/unit/month). Staff spent 1-2 hrs/day handling. Liability for lost packages. Lockers solve: 24/7 self-service pickup, tracking, notifications. Residents love; staff freed for higher-value tasks.
Typical cost?
Install: $30k-80k depending on size. Ongoing: $500-1500/mo subscription (Parcel Pending, Luxer One). Maintenance minimal. Life 10+ years with software updates.
ROI drivers?
Labor savings: 1-2 FTE hours × $25/hr × 30 days = $750-1500/mo. Plus: reduced liability claims, marketing appeal, retention. Most institutional properties have lockers; absence is becoming red flag for new construction.
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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