Property Management Rate

The property management rate is the percentage of monthly rent paid to a property management company in exchange for their services. This fee typically ranges from 8% to 10%, depending on location and services provided. It’s a key line item in calculating your property’s monthly cash flow. While it’s an expense, it also buys you peace of mind and time freedom—especially if you’re investing out of state. Meridian includes this rate in all pro forma projections so buyers can accurately evaluate net income from day one.