ROI calculator
What is answering every call worth?
Adjust any number to match your property. Every result updates instantly, and the math is shown at the bottom.
Property basics
Calls & leasing
Across IRIS clients, about 30% of calls are leasing.
Across IRIS clients, 62% of calls arrive outside office hours.
Team time
IRIS AI cost
Pricing is quoted per property. Model any figure here, or get your actual number.
Estimated property value increase
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Additional annual rent capitalized at your cap rate. This is an increase in the asset’s value, not just yearly cash flow.
Net annual benefit
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Return
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Breakdown
Additional leases per year · capped at vacancies—
Additional annual rent—
Team time recovered per year—
Cost vs. value per year
How this is calculated
- Available vacant units = total units × (1 − occupancy)
- Leasing calls per day = calls per day × share that are leasing
- Missed leasing calls per day = leasing calls per day × share missed
- Recovered leasing calls per day = missed leasing calls × share IRIS recovers
- Additional leases per year = recovered leasing calls per day × call-to-lease rate × 365, capped at available vacant units so the tool never claims more leases than you have vacancies
- Additional annual rent = additional leases × monthly rent × 12
- Property value increase = additional annual rent ÷ cap rate
- Team time value = hours a week × 52 × hourly value
- Net annual benefit = additional rent + team time value − annual IRIS cost
- Return = (additional rent + team time value) ÷ annual IRIS cost
These are estimates to help you think through the numbers, not a guarantee of results.