Calculate your Return on Investment (ROI) and Net Operating Income (NOI) Impact with True Submeter
Savings: Water Bill - (Units * Monitoring Fee) ROI: (Units * Savings + Ceiling(Units / 6) * Meter Cost) / Water Bill
Estimated Costs
TSN1 PVC Water Meter
$475.00
TSBR Brass Water Meter
$0.00
Router
$195.00
On average, one TSRT Router is needed for every 6 units.
Estimated Plumbing Expenses
$625.00
True Submeter estimates the cost of installation for the each meter is $125.
Upfront Cost
$1295.00
Monthly Monitoring
$0.00/month
ROI & NOI Calculations
NOI
$127.50/month
Estimated water bill expenses recovered with True Submeter assuming no change in other operational income.
ROI
7.0 months
Estimated time for return on investment assuming no change in other operational income.
PROPERTY OWNER BENEFITS
Simplify water utility management with True Submeter.
Water Bill Recovery
Oftentimes when a property owner includes the cost of water with rent, they do not recover the entire cost of the water bill. With submetering, you eliminate surprise water expenses.
Property Management Efficiency
Avoid adding items to your to-do list. Automatically bill tenants for their exact water usage. An invoice is sent directly to your tenants each month.
Increase Property Value
Increase your Net Operating Income (NOI) by recovering all your water expenses. Higher NOI equals increased property value.
Tenant Benefits
Keep relationships with tenants on good terms with True Submeter.
Tenant Fairness
Tenants appreciate being treated fairly. Only bill them for the water they use. No more, no less.
Tenant Satisfaction
Submetering provides transparency in utility billing, which leads to improved tenant satisfaction.
Reduced Disputes
Water usage disputes vanish with accurate monitoring and billing. Tenants see what they use and how much it costs.
