Total Investment Calculator
Calculate comprehensive smart lock investment costs including hardware, installation, accessories, and ongoing expenses for informed decision making.
Cost Analysis
ROI Calculation
Long-term Planning
Investment Configuration
Total number of smart locks to install
Estimated annual battery replacement cost
Estimated annual maintenance and service costs
Investment Analysis
$ 450
Total Investment
Over 5 Years
Cost Breakdown
Hardware Cost $300
Installation $0
Accessories $0
Subscription $0
Warranty $0
Ongoing Costs $150
Cost Comparison
ROI Analysis
Potential Savings
Smart Lock Investment Guidelines
Budget Planning
Consider total cost of ownership including hardware, installation, ongoing subscriptions, and maintenance. Budget 20-30% above hardware cost for complete setup.
ROI Factors
Smart locks provide value through convenience, security, energy savings, and potential insurance discounts. Payback period typically ranges from 2-5 years.
Long-term Costs
Factor in battery replacements ($15-30/year), software updates, potential repairs, and subscription services for cloud features and remote access.