Scope: tenured units only. These figures cover only unit-months that also had revenue in the same month last year (13,919 unit-months, $48.35M rental revenue, $522,606 in current fees). They are not Pacer's total revenue or total fees. 11,016 unit-months were excluded, mostly units added or offboarded during the year, so company-wide fees are materially higher.
Guarantee rate (charged only on unit-months that beat last year)
2.00%
1.50%2.00%2.50%3.00%
Today: current fees on these units
Annual, current contracts (tenured units)
With the guarantee
Difference
Month by month, at your selected rate
Month
Today (current fees)
With guarantee
Result
Dollars are for that one month, on these units. Total row is the 12-month annual total.
Advanced and data checks
Rule modeled: Pacer charges the guarantee-tier fee on a unit-month only if that unit's RevPAR (unit-month rental revenue) beats the same calendar month last year. Otherwise the fee for that unit-month is waived. Compared against a flat fee on all revenue, or against actual contract fees. Data: monthly book-level aggregates, Oct 2025 to Sep 2026 check-in months, tenured units only, provisional. No client or unit detail.
Inputs
%
Guarantee rate is set by the slider at the top.
%
Stresses the provisional caveat. Applied per month: each added point of beat count flips unit-months from that month's non-beating pool at its average non-beating size. This is an assumption, not source data.
Annual fee revenue on tenured units only, vs selected benchmark
Benchmark fee, annual (flat or current contracts (tenured units))
Guarantee fee, annual (beats only)
Guarantee minus benchmark, annual
Annual break-even guarantee rateBenchmark fee / beat revenue base. Guarantee above this out-earns the benchmark over the year.
Fee waived under the guarantee, annual
Detailed monthly data (vs selected benchmark)
Each row is one month vs the selected benchmark. Total row is the 12-month annual total.
Month
Unit-months
% beating
Revenue compared ($/month)
Beat revenue, adjusted ($/month)
Benchmark fee ($/month)
Guarantee fee ($/month)
Break-even
Reference (source data)
Beat threshold
Share beating
Guarantee revenue base ($/year)
Band ratio vs 0%
Excluding unit-months with a service gap: 48.0% beating (revenue base not given, so not selectable).
Check (defaults, 0% threshold, no bias)
Source (as reported, rounded)
This calc
Take rate context (pro-forma, same window) Overall 1.04%. Per-unit contracts 1.06% ($40.34 per unit per month, average). Rev-share 1.13%. Hybrid 0.87%. Ties to Bill.com within 1.2%.
Correction note: the source data's earlier seasonal break-evens (Oct to Jan 2.65% to 3.65%, Jun to Jul 0.95% to 1.14%) were vs current contracts (tenured units), not vs 1.00% flat. Winter is where the guarantee loses vs current contracts (tenured units) because per-unit fees hold up in low-revenue months. Vs 1.00% flat, every month's break-even is 1.31% to 1.89%.
Caveats
[PROVISIONAL] Matched cohort is down 11.6% YoY in aggregate, about 10 to 15 points weaker than the book cohort tool every quarter. Not yet reconciled. If biased low, the true beat rate is likely higher and break-evens lower.
11,016 unit-months excluded because the prior-year month was zero. Results apply to tenured units only.
Revenue is Pacer-reported rental revenue, not owner payout.
Monthly rows sum to $48,348,835 revenue and $522,607 contract fees, vs the source data's stated totals of $48,348,833 and $522,606 (rounding). Contract fees are normalized to the stated $522,606.
Throwaway prototype. Internal only. Modeling inputs, not contract terms. Any external use needs verification against source of truth first.