Operating Expense Benchmark

Compare your operating expenses against typical landlord cost ratios by metro and property type. Spot the line items that are out of pattern.

This tool is in preview.

Pro tier feature. Sample comparison below uses the national IREM mid-band. The methodology below reflects what will ship — we're publishing the approach openly so users can audit it.

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What it does

Enter your annual taxes, insurance, maintenance, and management fees. The tool compares each line as a percent of EGI to typical ranges from IREM and NAR landlord surveys.

Why it matters

Landlords routinely underwrite to 30-35% expense ratios but actual op-ex frequently lands 40-50% — especially in older housing stock or Florida (insurance) and Texas (taxes). Knowing your benchmark protects underwriting.

Data sources

IREM Income/Expense Analysis (industry standard), NAR Investment & Vacation Home Buyers Survey, RentalAnalytics blended metro overlays (estimated).

In the meantime

The three live calculators cover the most common landlord workflows:

Rent Estimator — market rent by ZIP, bedrooms, property type.
Cap Rate Calculator — NOI, cap rate, metro benchmark, cash-on-cash.
Cash Flow Analyzer — full P&L, break-even occupancy, printable report.

Or grab the data directly from our LandlordIQ MCP API.