Advanced ROI Calculator
Return on Investment with OurPetPolicy
Tell us about your Properties
How many Units
(How many residential rental units do you have with animals?)10
With this calculator you can input your specific data and see how much value OurPetPolicy could add to your residential rental portfolio.
Pet rent per month
(How much do you charge, on average, per pet per month?)0
ESA’s percentage before OurPetPolicy
(What percentage of all animals in your rentals before OurPetPolicy are ESA’s? (Typically 50-80%))0
Fraudulent ESA to Pet percentage
(The percentage of ESA’s that are fraudulent and get turned into paying pet rent, typically 50-70%)0
Having pets in a rental can dramatically increase the wear and tear of your property. By charging pet rent, you are helping to offset the costs of these costs, every month.
(How much do you charge for each pet deposit?)0
Average Pets per Rental
(For every unit that has a pet, what is the average number of pets per unit?)01
When a tenant leaves and the damage from their pet is assessed to be hundreds of dollars more than their security deposit, most landlords understand that it is not worth taking them to court, where they could end up spending more money than they would recoup. By collecting pet deposits you have more money to help cover the damage left by their animals.
Fees and Fines
Unauthorized Pet Fee
(How much would you like to charge tenants for an unauthorized pet?)0
Percentage of unauthorized pet fees
(What percentage of tenants do you collect unauthorized pet fees from?)0
Percentage of tenants that get an animal prior to approval
(What percentage of tenants that get an animal, get one before it has been approved?)0
We have found that most Landlords have an Unauthorized Pet Fee but do not have the proper documentation to charge for the fee, which results in tenants taking advantage of the situation. We have also found that tenants will get an animal, bring the animal home, and then purchase a fraudulent ESA letter after the fact. Our contract and application process prevent these occurrences so that Landlords are not losing out on their own policies
Time spent dealing with animals (in hours)
(How much time on average, per tenant that has an animal, does property management spend giving instructions, answering questions, etc.?)0
Property Management wage (per hour)
(How much time, in dollars per hour, is the property manager’s time spent dealing with pet questions and pet damage?)00
Time is money. Communicating with tenants about waste management policies, issues, or how to get an animal, etc. can take a lot of a property manager’s time. OurPetPolicy clearly outlines these matters so that all you have to do is send them to ourpetpolicy.com and we will take it from there. Let us help you maximize your time!
Our goal is to save you money and allow you the biggest Return on Investment possible. Check out your total savings to see how much you can increase your yearly return by using OurPetPolicy.
WITHOUT OurPetPolicy WITHPolicy Difference Pet Damage -$93,100 -$46,550 +$46,550 Loss of Rent -$94,325 -$47,163 +$47,162 Fines and Fees +$2,205 +$29,400 +$27,195 Time -$24,500 -$9,188 +$15,312 Totals -$209,720 -$73,501 +$136,219
- Total savings
+$136,219Cost of OurPetPolicy