How it works
How this tool works.
Losing a tenant costs far more than the rent for the empty weeks. Between the vacancy, the make-ready work, advertising the listing, and screening the next applicant, a single turnover can quietly eat a big share of a unit’s annual profit — which is why keeping a good tenant is often worth more than a rent bump.
This calculator adds up all four pieces: enter the rent, the days the unit is vacant, and what you spend on make-ready, marketing, and screening, and it estimates the total cost of one turnover. It’s an illustration from your inputs, not a measurement of any specific turnover.
Enter the monthly rent and drag the slider to the days the unit sits vacant between tenants.
The tool annualizes the rent to a daily rate (rent × 12 ÷ 365) and multiplies by the vacant days to size the lost rent.
Add your make-ready and cleaning, marketing, and screening costs — the tool sums all four into one turnover figure.
The result is an estimate from your inputs; real costs vary with the unit’s condition, your market, and how fast you re-lease.