STR Property Manager Fee Calculator

STR property managers charge 18–35% of revenue but offload turnovers, listings, and guest comms.

Annual gross revenue

Commission %

Monthly base fee

Setup fee (annualized)

Expense passthrough %

Net to owner

$59,000

Total PM fees

$26,000

Effective PM take %

0.31%

How the math works

Fees = revenue × commission + 12 × base + setup + revenue × passthrough.

$85k × 25% + $500 + $85k × 5% = $21,250 + $500 + $4,250 = $26k = 30.6% effective.

How to Use

Enter annual gross rental.
Enter PM commission %.
Enter monthly base fee.
Enter setup + onboarding fee.
Enter average expense passthrough %.
Read net to owner.

Frequently Asked Questions

Fee structures?

Commission-based (most common): 18-35% of gross revenue. Vacasa, Evolve: 20-35%. Boutique PMs: 18-25%. Co-host model: 8-18% (limited services). Hybrid (base + commission): $200-500/mo + 10-15%. Full-service (Vacasa Premium): 25-35%, includes furnishing, repairs, full marketing. Bare-bones (Evolve): 10% commission, owner manages turnovers.

What's included?

Standard package: dynamic pricing, listing across OTAs (Airbnb, VRBO, Booking), guest communication 24/7, calendar management, payment processing. Optional add-ons: cleaning coordination ($25-100/turn), restocking ($50-200/visit), maintenance dispatch (10-15% markup), professional photography ($300-1,500), interior design ($2-15k). Linen replacement, repairs separate.

Net to owner economics?

$60k gross revenue × 25% PM = $45k net before expenses. Less: cleaning fees passed through (cost-neutral typically), utilities ($3-8k), insurance ($1-3k), HOA ($1-5k), maintenance ($2-8k), property tax ($3-15k). Net cash flow: $15-25k/yr typical for $60k gross. Yield on home value: 3-7%. PM keeps you hands-off but reduces yield 4-7 points.

Self-management trade-offs?

Save 20-30% on fees but: 5-15 hrs/week host time. Skills required: pricing, photography, copywriting, hospitality, conflict resolution, basic maintenance. Tools: PriceLabs ($20-40/mo), Hospitable ($30-60/mo), Tripleseat. Best for: 1-3 properties, hands-on owners, urban or close-to-home properties. PM advantage: 10+ properties, far-flung properties, full-time professional alternative.