Turnover Cost Calculator
Calculate the total cost of tenant turnover including vacancy loss, repairs, and administrative costs.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
$/mo
days
$
$
$
$
$
hrs
$/hr
Results
Total Turnover Cost
$3,866.67
Cost in Months of Rent
2.76
Vacancy Loss$1,166.67
Hard Costs (Repairs)$2,150
Soft Costs (Admin)$550
Cost as % of Annual Rent23.02%
Break-Even (Months)1.93
How to Use This Calculator
- Enter Monthly Rent and Vacancy Days — the number of days the unit will sit empty between tenants.
- Input Cleaning Cost, Repairs Cost, Painting Cost, and Flooring Cost from contractor quotes.
- Add Marketing Cost for listings, photography, and advertising.
- Enter Admin Hours and your Hourly Rate for self-management time spent on the turnover.
- Review Total Turnover Cost to understand the financial impact of each tenant departure.
- Use this figure to justify incentives for tenant retention — keeping a good tenant almost always beats turnover cost.
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