PM Collective

The Rent Roll Reality Check

Put your own numbers in. See what wage growth and fee compression do to your profit margin in two years and five years if nothing else changes.

Your portfolio

Properties under management

Average rent

$/week

Projected rent growth

% per year

Leave at 0 if you want rents held flat.

Fees

Management fee today

Projected fee drop

pts per year

0.25 means 8% becomes 7.5% over two years.

Fee floor

The fee stops dropping once it hits this.

Ancillary fees

% of management fees

Letting, inspection, admin and lease renewal fees. 20% is typical, change it to suit your business.

Hold fees steady (isolate the wage effect)

People and wages

Number of property managers

full-time equivalent

Full-time equivalent means counting by hours, not heads. A part timer on three days a week counts as 0.6.

PM salary

$/year

PM super and on-costs

Super, leave loading, workers comp. 15% is a fair default.

Onshore support staff

full-time equivalent

Local admin, leasing and inspection support.

Onshore support salary

$/year

Onshore support on-costs

Offshore support staff

full-time equivalent

Offshore team members and VAs.

Offshore support salary

$/year

Offshore support on-costs

Set to 0 if they are on a fully loaded rate.

Projected wage growth

% per year

Your capacity right now (auto calculated)

Properties per onshore person–

Properties per offshore support–

Properties per person overall–

Everything else

Other operating expenses

% of revenue

Rent, software, insurance, marketing, admin. Most sit between 30% and 33%.

Headcount required

–

Revenue per property today

–

per year, all fee income

The capacity answer

What it takes to hold today's margin

If wages rise and fees fall as projected, here is how far capacity per person has to lift to keep your profit margin exactly where it is now.

Assumes onshore and offshore capacity lift by the same proportion, driven by better systems, technology and delegation rather than simply loading more onto burnt out people.

The bottom line

The PDF captures your inputs and results on one page. Send it to the PM Collective team for a personalised growth plan showing what it would take to lift your margin from here.

A guide only, not financial advice. Assumes the portfolio size and structure stay the same, wages grow every year, and other expenses move with revenue. Tick the box on the left to hold fees steady and see the wage effect on its own.