EveryCalc

Finance category

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

Browse finance

Unit Refresh ROI Calculator

Light refresh lifts rent $50-200/mo.

$
$

Payback months

35

Nominal ROI

0.7%

Lifetime uplift

$6,000

How the math works

Payback = cost / monthly increase. Lifetime = increase × months. ROI = (uplift − cost) / cost.

$3,500 / $100 = 35 months payback. $6,000 lifetime (60 mo). 71% nominal ROI — strong.

How to Use

  1. Enter refresh cost.
  2. Enter rent increase per month.
  3. Enter lease term months.
  4. Read payback and NPV.

Frequently Asked Questions

Refresh scope?

Light: paint, lighting, backsplash, hardware. $1,500-5,000/unit. Moderate: plus flooring, counters, cabinet paint. $5,000-12,000. Full renovation: $12,000-30,000. Match scope to rent capability.

Rent premium?

Light refresh: $50-150/mo premium. Moderate: $150-300. Full reno: $300-500+. Premium largely depends on market — strong markets capture full premium, weak markets split with tenant (concessions).

ROI targets?

Light refresh: 20-40% annual ROI typical. Moderate: 15-25%. Full reno: 10-18%. Compare to alternate capital uses; low-hanging fruit is light refresh on properties with pricing power.

How often should I rerun this?

Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.

Related Calculators

More Finance Calculators

Browse all finance

Keep exploring

Next steps in Finance

View finance hub →