MRP Cost-Benefit Analysis: Self-Managing vs. Hiring a Property Manager

Not sure whether to manage your rental yourself or hire a property manager?

This ROI calculator tool gives you a clear, side-by-side financial picture — so you can make a decision based on real numbers, not guesswork.

Whether you’re evaluating a short-term rental, vacation home, or long-term lease, this calculator helps you:

✔️ Estimate your total earnings under both models
✔️ Calculate the true value of your time
✔️ See how OTA commissions impact profitability
✔️ Protect your peace of mind — while maximizing your returns

This Excel-based calculator includes:

• Auto-calculating income, fees, and ROI.
• Side-by-side comparison of PM vs. DIY.
• Commission breakdowns for Airbnb, VRBO, Booking.com, and Expedia.
• Time investment analysis — including $ per hour ROI.

🔒 Formulas are protected. Highlighted cells are fully editable.
🧾 Compatible with Excel for Mac and PC.

What's Included:

• 1 downloadable .xlsx spreadsheet file.
• Built-in instructions and examples.
• Editable inputs + locked formulas to eliminate risk of overwriting calculations.
  

Perfect For:

• First-time landlords or vacation rental hosts.
• Existing short-term rental owners considering a property manager.
• Advisors and investors analyzing multiple scenarios.

License Terms:

Personal use only. Do not redistribute or resell.