Finance category
Mortgage, loan, investing, tax, and money calculators.
Appliance Replacement Budget Calculator
Rental appliances have 8-15 year lifespans and cost $400-$2,500 each installed. Skipping a failing appliance at turn costs more in days-vacant and mid-tenancy emergency replacements. This calculator budgets replacement cost and the monthly reserve that should be built.
Full replacement cost (at once)
$4,050
Monthly reserve
$27
Fridge reserve /mo
$6.60
Range reserve /mo
$4.86
Dishwasher reserve /mo
$4.58
Microwave reserve /mo
$2.60
Washer reserve /mo
$4.86
Dryer reserve /mo
$3.87
How the math works
Full suite replacement: ~$4,050 installed. Monthly reserve: $29. That's $350/yr to stay ahead of appliance replacements on a 6-appliance unit.
Budget the reserve in a separate sub-account so you're not tempted to spend it. Hit a failing appliance and pay from the reserve — no mid-year cash flow shock.
How to Use
- Enter replacement cost and expected life for each appliance.
- See total replacement cost at turn and monthly reserve.
Frequently Asked Questions
What's a rental-grade appliance budget?
Full set (fridge, range, dishwasher, microwave): $2,200-$3,200 installed. Include washer/dryer: add $1,200-$1,800. Luxury stainless upgrade: +$1,500-$2,500 total for a 1-bedroom.
Do newer appliances increase rent?
Yes by 2-4% if truly new (matching stainless look). After first year, they're just 'normal.' Budget once, enjoy higher rent for the full life, don't upgrade every turn.
Repair or replace?
Appliances 6+ years old: replace. Appliances 3-5 years old with one issue: repair once (typical $125-$275 repair). Two issues same year: replace. Emergency landlord replacements always cost more; pre-emptive end-of-life replacement at turn is cheapest.
Do I have to provide appliances?
Not legally — tenants can provide their own. But in practice, 90%+ of rentals include fridge and range. Dishwasher is increasingly expected in units over $1,500/mo. Washer/dryer is a premium feature worth $75-$150/mo of rent.
Related Calculators
More Finance Calculators
Browse all finance →AI Cost Calculator
Compare token costs across OpenAI, Anthropic, and Google AI models. Calculate monthly API spending for GPT-4o, Claude, Gemini, and more.
Tip Calculator
Calculate the perfect tip and split the bill between friends. Choose preset percentages or enter a custom tip amount.
Bill Splitter Calculator
Split an uneven restaurant bill by item, divide tax and tip proportionally, and see exactly who owes whom.
Discount Calculator
Calculate sale price, discount amount, stacked discounts, sales tax, and total savings for any markdown.
Gas Mileage Calculator
Calculate MPG or km/L, estimate trip fuel cost, and compare annual fuel expenses between two vehicles.
Sales Tax Calculator
Add sales tax to a price, reverse-calculate the pre-tax amount from a total, and estimate tax for multiple items on one receipt.
Keep exploring
Next steps in Finance
Previous calculator
Annuity Calculator
Estimate the present value and future value of recurring equal payments using your rate, time horizon, and payment frequency.
Next calculator
Application Fee Calculator
Right-size tenant application fees against actual screening costs, admin time, and state caps with break-even and annual net margin.