Calculator
Vacancy Cost Calculator
What a single turnover actually costs once lost rent and turnover expenses are added up.
Vacancy Cost Calculator
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days
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Lost rent per turnover
Total cost per turnover
Annual vacancy cost
Effective annual vacancy rate
The formula
Lost rent
Annual cost
Vacancy is usually budgeted as a flat percentage in a cash flow worksheet, but the real cost of a single turnover — lost rent plus cleaning, advertising, and leasing fees — is often larger than that flat percentage implies.
Reducing turnover frequency (longer average tenancies) often does more for net income than chasing a slightly higher rent that increases tenant churn.