Know the real cost of professional management before you buy. Freddie calculates management fees, leasing fees, and their exact impact on your cash flow.
Dan White, 20-year fix-and-flip veteran in Northern Virginia, used FreeDealCalc to analyze a $130,000 wholetail opportunity in under 5 minutes. No spreadsheet. No paid software. Just Freddie.


"I've been flipping houses for 20 years and I built this tool because nothing free was actually good enough. Freddie does what I used to do with spreadsheets — but in seconds, for free, for every investor who needs it."
A buyer who purchases this property as a wholetail deal undertakes all renovation work at their own direction, cost, and risk. The seller makes no representations regarding property condition and all sales are as-is. Buyer is responsible for all due diligence, inspections, and compliance with local codes and regulations.
Monthly management fees typically range from 8-12% of collected rent for residential single-family and small multifamily. Leasing fees (tenant placement) range from 50-100% of first month's rent. Some managers charge flat monthly fees ($75-$150/unit) for larger portfolios.
Standard management fee covers rent collection, maintenance coordination, monthly statements, lease enforcement, and tenant communication. Leasing fees cover marketing, showings, tenant screening, and lease preparation. Additional fees may apply for evictions, lease renewals, and major maintenance projects.
Self-manage if: you have time, live near your properties, have contractor relationships, and enjoy the work. Hire a manager if: you have a job, live far from properties, want passive income, or plan to scale. Always model with management fees even if you self-manage — your time has value and circumstances change.
Management fees reduce NOI, which directly reduces cap rate. On a $2,000/month rental with 10% management fees, you lose $200/month = $2,400/year in NOI. On a $300K property that reduces cap rate by 0.8%. Always include management in cap rate calculations for accurate comparison.
8-10% is standard for single-family homes in most markets. Multifamily may be 7-9% due to volume. Short-term rentals (Airbnb) command 15-25% due to higher management intensity. Always get itemized fee schedules and ask specifically about leasing fees, renewal fees, and maintenance markups.
Yes, especially on multiple properties or long-term agreements. Offer a portfolio of 3+ properties and ask for a reduced rate. Agree to a longer management agreement for a lower fee. Ask for no leasing fee on renewals. The market is competitive — most managers will negotiate.
Free forever. No credit card. No spreadsheet. Just Freddie.