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Table of contents

Cap rate calculator
The cap rate calculator is used to understand and compare the potential return on investment from an investment property.
Enter the current market value or purchase price of the property. This is the basis for determining the capitalization rate.
Input the total yearly income generated by the property, including rent, fees, and any other sources of revenue, before expenses.
Input the percentage of annual gross income that represents the property's total operating expenses. This is an alternative way to represent operating expenses if the exact dollar amount is unknown.
Enter the annual dollar amount of all costs associated with managing and maintaining the property, such as utilities, taxes, insurance, and repairs.
Input the estimated percentage of time the property is unoccupied or not generating income. This accounts for potential income loss due to vacancies.
This field displays the calculated yearly income after subtracting operating expenses and adjusting for vacancy rate. This figure is used to determine the capitalization rate and evaluate the property's potential return on investment.
Calculate cap rate
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ResourcesseparatorShort Term Rental Operations

Explore the Top 5 Property Management Software Companies of 2024: Features, Pricing, and Sign-Up Guide

Key takeaways

Explore the Top 5 Property Management Software Companies of 2024: Features, Pricing, and Sign-Up Guide

Navigating the world of property management can be challenging, but the right software can significantly streamline the process. Here's an updated look at the five best property management software companies, complete with feature highlights, approximate pricing, and sign-up guidance for 2024.

Looking for a long term property manager? Get matched to a manager here.

Buildium

Features: Comprehensive management of residential and association properties, easy-to-use interface, and extensive accounting features.
Pricing: Starting around $50 per month for basic plans.
Sign-Up: Visit Buildium’s website, click on ‘Get Started’ and follow the sign-up process to access a free trial or subscription.

AppFolio

Features: Customizable tools for various housing types, online rent payments, and vacancy management.
Pricing: Generally starts at $250 per month with a minimum monthly fee; pricing varies based on portfolio size.
Sign-Up: Go to AppFolio's official site, select ‘Request a Demo,’ and fill out the form to get in touch with a sales representative.

Propertyware

Features: Specializes in single-family properties with strong leasing, marketing, and maintenance tools.
Pricing: Starts at about $1 per unit per month, with a minimum fee of around $250.
Sign-Up: Access Propertyware’s website, choose ‘Watch Demo,’ and proceed to register for more detailed product insights.

Yardi Breeze

Features: User-friendly management software for smaller portfolios with essential tracking and reporting.
Pricing: Pricing begins at approximately $100 per month.
Sign-Up: Visit Yardi Breeze’s website, select ‘Get Started’ to register for a demo or start your subscription.

Hemlane

Features: Highly customizable software suitable for various property types, with strong integration options.
Pricing: Starts at $30 per property per month,, dependent on the features and customization needed.
Sign-Up: Go to Hemlane’s website, click on ‘Get Started’ in the upper right corner

When selecting a property management software, consider your operational requirements, the size of your portfolio, and budget constraints. By exploring these options, you can find a system that not only meets your needs but also enhances your property management capabilities.Looking for a long term property manager? Get matched to a manager here.

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