Real estate & rental
Rental Vacancy Loss Calculator
What vacancy actually costs, including the turnover work that happens while nobody is paying.
Result
An arithmetic tool, not investment advice. Property returns depend on the local market, the condition of the building, financing terms and tax position, none of which a calculator can see. Verify the income and expense figures against actual statements rather than a seller's projection. The standard 5% vacancy assumption understates the real cost, because it counts only lost rent and not the cleaning, painting, repairs and letting fees that accompany every turnover. Retention is usually cheaper than a rent increase that causes a move.
Get a Free Business AuditQuestions
About this calculator
Is it worth reducing rent to keep a tenant?
Often, yes. If a turnover costs a month of rent plus two thousand in work, a 3% rent increase that triggers a move is a poor trade. Run the arithmetic before issuing the increase.
What vacancy rate should I budget?
Your own market's, plus turnover costs on top. In stable markets 5% to 8% of gross rent all-in is common; in student or short-term markets it is far higher.
The formula
annual cost = daily rent x vacant days x turnovers + turnover costs x turnovers
Put this calculator on your site
Free to embed. Paste this where you want it to appear. It stays up to date automatically because it loads from BDEVY.
Please keep the attribution line. It is the only thing we ask in return.
Keep going
Related calculators
Estimating is the easy part
The jobs you never hear about cost more than the ones you mis-measure. BDEVY builds the marketing, systems and automation that bring them in.