Turnover After Default Calculator

Default turnovers are expensive — damage, delay, and re-lease.

Monthly rent

Vacancy months

Damage/make-ready cost

Legal cost

Leasing commission

Total post-default turnover cost

$12,100

Vacancy rent lost

$4,500

Hard + legal + LC

$7,600

How the math works

Vacancy cost = rent × months. Hard = damage + legal + LC. Total = sum.

$1,800 × 2.5 = $4,500 vacancy. + $4,500 + $2,200 + $900 = $7,600. Total $12,100 per default turnover — 6+ months of normal rent.

How to Use

Enter monthly rent.
Enter vacancy months.
Enter damage/make-ready cost.
Enter legal cost.
Enter leasing commission.
Read total turnover cost.

Frequently Asked Questions

Why higher than normal turn?

Default turns commonly include unit damage (beyond normal wear), trash-out, extended vacancy (60-90 days vs 15-30), legal fees, broker fees, and security deposit already exhausted against arrears. All-in 2-3x normal turn cost.

Damage typical?

Abandoned units: $2,500-8,000 in trash-out, cleaning, possible appliance loss. Angry exits: $5,000-15,000 in damage. Squatter situations or holdovers: add $3,000-10,000 in legal. Budget $5,000-12,000 average for default turn vs $1,500-3,000 normal.

Reduction strategies?

Larger security deposits (2+ months). Cosigner/guarantor requirements. Cash-for-keys offers (pay to leave clean) reducing damage and legal. Aggressive re-marketing to minimize vacancy. Pre-screened replacement waitlist. Good turn crew for fast delivery.