Property Manager Cost Comparison
See roughly what a property manager's management fee costs a year, plus GST, against a flat RentGuide subscription.
Most property managers also charge extra on top of this, letting fees, inspections, admin, that sort of thing. It varies a lot by manager, often a few hundred dollars a year per property, so it's not included in the figures below.
Property manager
$8,611/yr
Management fee, plus GST
RentGuide
$180/yr
Solo for 1 property, Pro for 2 or more, no GST to add
You'd keep an extra
$8,431
a year
Estimate only, based on the management fee entered plus GST. Typical NZ property management fees run 6-12% of rent. RentGuide is a flat monthly fee whether you have one property or ten, it doesn't do the on-the-ground work of a property manager (viewings, dealing with a difficult tenant in person, managing trades), just the paperwork side.
See it with your real numbers
RentGuide tracks real rent, real expenses and generates your IR3R summary at tax time, without the management fee.
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