NOI CALCULATOR

Stop letting deposits drain your NOI

Most property managers are shocked by how much their net operating income improves when they completely offload security deposits to Whale.

Plug in your portfolio metrics below to see your expected impact.

Your Portfolio
55%
5.0%
Whale Impact
Net Operating Income (NOI)
$0
from eliminating deposit management costs
Portfolio Value
$0
using your cap rate of 5.0%
Book A Demo
Estimate covers all deposit management tasks that Whale assumes: requesting the deposit, sending reminders, collecting payment, opening individual bank accounts (when required), depositing checks, handling insufficient funds, recording deposits received, sending receipts to residents, paying interest, printing + mailing deposit returns, processing returned checks, escheatment, and handling deposit questions.

Fixed assumptions: $50/hr fully-loaded labor cost, 10% of mailed checks are returned, 5% of ACH transfers are returned due to insufficient funds, 1% unclaimed deposits after move-out, 0.5 resident inquiries per unit per year, $0.82 cost per mailing, $25 ACH return fee, 95% reduction in resident inquiries with Whale. Adjust units, turnover, and cap rate above to model your own portfolio.

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332 S Michigan Ave Suite #121-2234
Chicago, IL 60604

Build Whale, Inc. ("Whale") is a Registered Investment Adviser with the U.S. Securities & Exchange Commission. All funds are held by Alpaca Securities LLC ("Alpaca Securities"), member FINRA/SIPC. Registration does not imply a certain level of skill or training. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities. Whale’s website and its associated links offer news, commentary, and generalized research, not personalized investment advice. Nothing on this website should be interpreted to state or imply that past performance is an indication of future performance. All investments involve risk and unless otherwise stated, are not guaranteed.  The rates of interest paid by each Program Bank will differ and are subject to change beyond our control. Whale does not guarantee that any Client will receive a specified average or composite interest rate on funds invested through the program. Be sure to consult with a tax professional before implementing any investment strategy.

Whale is not a landlord, an affiliate of the landlord, or an agent of the landlord.