EveryCalc

Finance category

Mortgage, loan, investing, tax, and money calculators.

Browse finance

Property Refresh Budget Calculator

Between full renovations, a 'refresh' at turn preserves rent and reduces days-to-lease without heavy spend. Typical scope: full paint, new blinds, updated hardware, cleaned or replaced fixtures, deep clean, and minor repairs. This calculator budgets each piece.

$
$
$
$
$
$
$
%

Total refresh budget

$3,196

Cost per sqft

$3.36

Subtotal before contingency

$2,905

Contingency

$291

How the math works

Full refresh at ~$3,150 incl 10% contingency = $3.32/sqft on a 950 sqft unit. Compared to full renovation at $25-$50/sqft, refresh is 7-15x cheaper and captures 80% of the visible upgrade.

Refresh every turn + deeper renovation every 3-4 turns maintains rent and condition. Skip refresh 2 turns in a row and you'll lose 3-5% rent plus longer days-to-lease.

How to Use

  1. Enter scope costs for each refresh category.
  2. See total refresh budget and per-sqft cost.

Frequently Asked Questions

When does refresh vs renovation win?

Refresh ($1,500-$4,000): every turn, preserves rent. Renovation ($8K-$25K+): every 4-6 turns, supports rent lift. Refresh is the default maintenance mode; full renovation is punctuated upgrade.

What's the fastest ROI in refresh?

Paint (90%+ of perceived freshness) and updated hardware (doorknobs, cabinet pulls, light fixtures) — cheap to do, visible to everyone. Swap basic Home Depot chrome for matte black — $200 + 2 hours, looks modern and current.

Skip deep clean or outsource?

Outsource. Professional deep clean ($350-$600) for 1-2BR beats DIY both on quality and hours. Include carpet cleaning — even if you're keeping old carpet, a shampoo makes it look 2 years newer.

Do fixtures really move rent?

Not directly, but they move days-to-lease. Photos with dated fixtures filter out young renters in 2026. Pay $300-$500 for light updates across bath + kitchen fixtures; photos look 2020+ instead of 2015.

Related Calculators

More Finance Calculators

Browse all finance

Keep exploring

Next steps in Finance

View finance hub →