Free ยท No signup required

Stop absorbing utility costs.
Start recovering them.

Livable's RUBS calculator shows exactly how much of your utility spend is recoverable โ€” and what it means for your NOI, per door, right now.

Put a value number on every
utility conversation.

Quantify the NOI lift, cap rate expansion, and value created by utility recovery in seconds. Drop it in the OM. Win the listing.

The hidden NOI lever
inside your utility bills.

Model RUBS recovery across your full hold period โ€” with debt, IO, refi, IRR, and equity multiple โ€” before you close, not after.

Give your clients a
competitive edge built in.

Embed Livable's RUBS calculator directly in your platform. Give property managers a live valuation tool they'll use on every deal.

0%
Avg NOI lift from RUBS
$0K
Value created per 100 units
0 mo
Typical payback on rollout
0
Avg cap rate expansion (bps)
Who it's built for

One platform. Every stakeholder.

Livable speaks the language of every person in the deal โ€” from the manager paying the bills to the investor modeling the exit.

๐Ÿข Property Managers & Operators
Stop leaving money on the meter.

You pay the utility bills. RUBS lets you pass a fair share through to residents โ€” legally, transparently, and without disrupting your leases.

See exactly how much is recoverable across your unit mix
Model rollout timelines and admin fee income per unit
CSV import from AppFolio and Yardi โ€” rent roll in seconds
RUBS billing handled end-to-end by Livable
Calculate my recovery โ†’
๐Ÿค Apartment Brokers
Put a dollar figure on the upside.

Buyers want proof, not promises. Livable gives you a defensible, OM-ready RUBS impact summary โ€” NOI lift, cap rate expansion, value created โ€” in under 5 minutes.

Side-by-side before/after NOI & cap rate walk
1-page PDF export: drop it straight into your OM
CSV rent roll import from any PM system
Per-door metrics buyers and lenders actually use
Build my impact summary โ†’
๐Ÿ“ˆ Property Owners & Investors
Model the full return, not just the cap rate.

RUBS isn't just operating income โ€” it's a hold-period story. Model recovery across your entire investment horizon with debt, IO periods, refi events, and IRR.

Full debt model: LTV, IO period, refi, amortization
Year-by-year cashflows with rent growth and exit cap
IRR and equity multiple before vs. with RUBS
Negative leverage detection โ€” know before your lender does
Model my returns โ†’
๐Ÿ”— AppFolio, Yardi & PM Platform Partners
Your clients manage with you. Help them profit more.

Livable integrates natively with leading property management platforms. Your clients get RUBS billing, utility recovery, and a live valuation calculator โ€” without leaving their workflow.

Native AppFolio and Yardi integration โ€” rent roll sync in one click
Revenue share opportunities for platform partners
Embeddable white-label calculator for your client portal
Co-branded reporting and client-facing materials
Explore a partnership โ†’
A
AppFolio
Y
Yardi
B
Buildium
R
RealPage
0%โ€“0%
Typical NOI lift from
utility recovery
$0M+
Value created on a
100-unit, $12M property
0mo
Average payback on
RUBS rollout
0%
Of utility costs
recoverable via RUBS
Simple by design

From property details to a complete valuation story โ€” in minutes.

1
๐Ÿ“‹

Import your rent roll

Drag in a CSV from AppFolio, Yardi, or any PM system. Unit types, counts, and rents auto-populate. Or enter manually in under a minute.

Works with any PM system
2
โšก

Set your RUBS assumptions

Dial in recovery rates by utility, rollout timeline, admin fee, and debt terms. Every number updates live โ€” no spreadsheet required.

Live calculations
3
๐Ÿ“ค

Share your impact story

Export a 1-page PDF for your OM, open the full returns model, or schedule with a Livable specialist to get RUBS implemented on your property.

PDF + full returns model
Free ยท No signup ยท No spreadsheet

Try it on your property now.

Enter your property details and see the full RUBS valuation impact in real time. Export the PDF or open the unit & returns model when you're ready.

livable.com/rubs-calculator
What's inside

Every tool. Every stakeholder.

๐Ÿงฎ
Live Cap Rate & NOI Walk
Full before/after P&L with RUBS income, vacancy, OpEx, and cap rate โ€” switching between Before, With RUBS, and Side-by-Side in one click. Numbers update as you type.
Core ยท All Audiences
๐Ÿ“‚
CSV Rent Roll Import
Drag-and-drop any AppFolio or Yardi export. Auto-detects headers and maps unit types, counts, and rents instantly.
Managers & Brokers
๐Ÿ“„
1-Page PDF Export
Hero numbers, KPI tiles, full NOI walk โ€” print-ready in one click. Drop it straight into any OM or investor deck.
Brokers & Investors
๐Ÿฆ
Full Debt Model
LTV, IO period, amortization, refi event, DSCR, and cash-on-cash โ€” per door and at the deal level.
Investors
๐Ÿ“ˆ
IRR & Hold Period Analysis
Year-by-year cashflows with rent growth, exit cap, and optional refi. Equity multiple chart by exit year.
Investors
๐Ÿ”—
AppFolio & Yardi Integration
Sync rent rolls directly. RUBS billing handled end-to-end โ€” residents billed, collections tracked, reports generated.
Partners
โš ๏ธ
Negative Leverage Flag
Auto-detects when going-in cap rate falls below the loan constant. Know the risk before your lender flags it.
Investors & Brokers
๐Ÿ’ฒ
Per-Door Metrics
Value/door, NOI/door, equity/door, CoC โ€” in the language buyers, lenders, and investors actually use.
All Audiences
๐ŸŒ
Embeddable for Platforms
White-label the calculator inside your platform or client portal. Revenue share available for PM platform partners.
Partners
Real results

Heard across the deal table.

Property Manager
"

We were absorbing $140K a year in utilities across our 80-unit portfolio. Livable recovered 82% of it within the first six months. The calculator showed us exactly what to expect before we signed.

LM
Lisa M.
Portfolio Manager ยท Phoenix, AZ
Broker
"

I put the RUBS impact summary in the OM and my buyer came back $400K higher than his first offer. He said it completely changed how he underwrote the deal.

MR
Michael R.
Multifamily Broker ยท Salt Lake City, UT
Investor
"

The hold period model with IO period and refi assumptions is exactly how we underwrite. First calculator that speaks investor language and shows RUBS in context of a real return.

JT
James T.
GP ยท Denver Multifamily Fund
Start in 60 seconds

See what RUBS is worth
on your property today.

No signup. No spreadsheet. Enter your property details and get the full picture โ€” NOI lift, cap rate, value created, and a PDF you can share immediately.

No credit card. No commitment. Results in under 5 minutes.