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Furnished Rental Calculator

Furnishing a rental opens the door to higher rates from traveling professionals and corporate tenants. This calculator sizes the upfront furnishing investment and the monthly premium that pays it back.

$
%

Furnishing investment

$15,500

Furnished monthly rent

$2,633

Monthly rent premium

$683

Payback in months

1 yr 11 mo

How the math works

Furnished rentals command 25–50% more rent than unfurnished. Target tenant pool shifts to traveling professionals, corporate relocations, and medical residents — who pay premium for turnkey housing.

Best furnished ROI comes from mid-term rentals (30+ days) rather than unfurnished year leases, since the premium compounds with shorter cycles. Budget for 15-20% replacement every 5 years on mid-tier furnishing.

How to Use

  1. Enter the unfurnished rent benchmark.
  2. Pick furnishing tier — basic through premium.
  3. Enter bedrooms.
  4. Set rent premium (35-50% is typical for furnished).
  5. Set target payback — 12-24 months is most common.

Frequently Asked Questions

What's a reasonable furnishing budget?

$4-6k per bedroom for mid-tier with $6-10k common areas. Total $14-22k for a typical 2-bedroom. Premium tiers scale 2x on quality and brand choices. Use IKEA, Wayfair, and Facebook Marketplace to stretch dollars.

Is furnishing depreciable?

Yes — 5-year MACRS for furniture, fixtures, appliances. Cost segregation can accelerate this. Bonus depreciation (where still available) can deduct 60-80% in year one.

What about turnover damage?

Budget 1-2% of furnishing value annually for wear-and-tear replacement. Higher for pet-friendly units. Security deposits and platform damage coverage (Airbnb AirCover) handle unusual incidents.

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