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Compare & 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 www.CrestedButteColoradoRentals.com's 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) |
www.CrestedButteColoradoRentals.com |
| One Time Setup |
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Set Up Website
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$200 - $500
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N/A
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Included
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Inventory Management
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$200 - $400
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Included
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Included
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Rate Management
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$200 - $400
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Generally, N/A. Mgmt Co Sets Rates
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Included
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Online Reservations
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$300 - $500
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Varies per Mgmt Company
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Included
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Credit Card Merchant
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$250 - $750
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Usually
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Included
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Rental Mgmt Reports
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$100 - $300
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Varies per Mgmt Company
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Included
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Email Confirmations
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$50 - $100
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Varies per Mgmt Company
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Included
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Marketing
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$100 - $1000+
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Included, Varies per Mgmt Company
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Included via Online Affiliate Sites
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| Recurring Fees |
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Monthly Web Hosting
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$10 - $50
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N/A
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Varies per franchise
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Monthly Credit Card Fee
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$15 - $30
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N/A
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Included
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| Rental Comission/Fees |
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N/A
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$10,000 * 45% = $4,500
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$10,000 * 12% = $1,200
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Total Cost per Annum
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$1,700 - $4,900
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$4,500
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$1,350
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Mgmt Time Required
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Significant
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None
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Minimal
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Set Up Time
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1 – 3 months
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Minimal – Company Research
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1 Hour
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Web Site Updates
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At Hourly Cost
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N/A
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Updateable via Administration
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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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