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Tenant Screening ROI Calculator

Proper screening prevents most evictions and bad-debt losses.

$
$

ROI multiple

2.16

Total screening cost

$100,000

Savings value

$216,000

How the math works

Screening cost = applications × rate. Savings = evictions prevented × cost.

800 × $125 = $100k screening vs 12 × $18k = $216k savings = 2.16× ROI.

How to Use

  1. Enter annual applications.
  2. Enter screening cost per applicant.
  3. Enter eviction cost avoided (per incident).
  4. Enter evictions prevented.
  5. Read ROI.

Frequently Asked Questions

Screening components?

Credit check: $15-30. Criminal background: $15-40. Eviction history: $10-25. Income verification: $15-30. Employment verification: $15-40. Reference calls: $25-50 (staff time). Total: $100-200 typical full screening.

Eviction costs avoided?

Unpaid rent: $3-8k typical. Legal fees: $1500-5000. Damage repair: $1k-8k. Turnover cost: $1500-4500. Vacancy loss: $1500-4500. Total $10-30k per bad tenant. Screening ROI obvious when even 5% of evictions prevented.

Scoring thresholds?

Minimum credit: 620-680 (luxury: 700+). Income: 3x monthly rent. No evictions within 7 years. Employment: 2+ years stable. Criminal: case-by-case (protected classes rules). Document thresholds in fair housing compliant policy.

What documentation matters here?

Written leases, move-in/move-out inspections with photographs, ledger entries showing every payment and charge, served notices with proof of service, and contemporaneous emails or texts. Courts weigh written evidence heavily; informal understandings rarely stand. Institutional operators run a monthly file audit to catch gaps before they matter. Good paper trails recover most of what's owed.

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