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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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ResourcesseparatorProperty Management

Airbnb Management Fees: What Property Owners Actually Pay in 2026

Key takeaways

Airbnb Management Fees: What Property Owners Actually Pay in 2026

Airbnb management fees typically range from 10% to 30% of gross rental revenue. But the percentage alone doesn't tell you what you'll actually pay or earn. Hidden fees, cleaning markups, and limited service scopes can make a 15% manager more expensive than a 25% one once you do the full math. For a primer on what management companies actually do, see Awning's vacation rental property management guide.

Average Airbnb Management Fees by Service Level

Service Level Typical Fee Range What's Included
Self-management software only 5–10% Tools only — you do all the work
Light-touch management 10–15% Booking & guest comms only
Mid-tier full service 18–22% Most services, limited channel reach
Full service (premium markets) 25–30% All services, multi-channel, dynamic pricing
Awning full service Transparent — see awning.com 50+ channels, pricing, 24/7 support included

Hidden Fees to Watch For

The management percentage is just the starting point. Many companies add:

  • Onboarding / setup fees ($200–$500)
  • Photography fees ($150–$500, sometimes required)
  • Cleaning fee markups (10–20% above actual cleaner cost)
  • Maintenance coordination fees ($25–$75 per call)
  • Additional platform listing fees — charging extra to add VRBO, Booking.com
  • Early termination fees if you cancel the contract

Awning's Airbnb cleaning service and supplies restocking are coordinated as part of management — no hidden markup on cleaner cost.

Always request a full fee schedule in writing before signing. Ask specifically: 'What am I charged for that isn't in the base management fee?'

How Cleaning Fees Factor In

Most management companies pass cleaning fees to guests as a separate line item at booking — guests pay it, you don't. But some managers markup the actual cleaning cost by 10–20%. See Awning's Airbnb cleaning service page for how cleaning is handled and priced transparently.

Calculating Your Real Net Income

To accurately compare managers, calculate projected net owner income:

  • Projected annual gross revenue (ask for market comps)
  • Minus: management commission
  • Minus: any additional fees
  • = Net owner income

Use Awning's Airbnb income estimator for a free revenue projection based on your property and market. Cross-reference with Airbnb market data to validate the assumptions.

Airbnb Cap Rates: What's a Good Return on an STR Investment?

If you're evaluating whether the management fee makes sense relative to your return on the property overall, cap rate analysis is the right lens. See Awning's guide to Airbnb cap rates for how to calculate and benchmark STR returns in your market.

Financing and Insurance: Two Costs Most Owners Overlook

Beyond management fees, two other cost categories materially affect your net return: financing and insurance. See Airbnb loan options for property owners and the best insurance companies for Airbnb hosts to make sure your total cost structure makes sense.

📎  Related Reading

Top Airbnb Management Companies  Reviewed

Airbnb Cap Rates: How to Calculate Your STR Return

Airbnb Loans: Financing Options for STR Investors

Best Insurance for Airbnb Hosts

RedAwning Full-Service Property Management

 

See how Awning's management fees compare →

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