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Unit Turn Cost Schedule Calculator

Turnover costs include paint, clean, carpet, repairs, and rent-ready prep.

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Total turn cost

$3,645

Hard costs

$3,225

Rent loss

$420

How the math works

Hard costs = paint + clean + flooring + repairs. Rent loss = daily rent × buffer days. Total = sum.

$650 + $275 + $1800 + $500 = $3225 hard + $60 daily × 7 = $420 rent loss = $3645 total.

How to Use

  1. Enter paint cost.
  2. Enter cleaning cost.
  3. Enter carpet/flooring.
  4. Enter repairs/misc.
  5. Enter rent-ready buffer days.
  6. Enter monthly rent.
  7. Read total turn cost.

Frequently Asked Questions

Typical turn costs?

Paint full: $450-900. Clean deep: $200-350. Carpet replace (1000 sf): $1500-3000. Carpet clean: $150-250. Repairs: $200-800 typical. Fixtures/misc: $100-400. Total: $1500-5500 depending on unit condition and class.

Turn time?

Standard: 5-7 days (paint, clean, repair). Full: 10-14 days (carpet replace, appliance repair, light renovation). Renovation: 21-45 days (full unit refresh). Rent loss during turn = monthly rent × (days / 30).

Budget strategies?

Vendor contracts locked by quarter. Turnover team trained for speed. Standard material spec (same paint color, same cabinet hardware) reduces order time. Pre-order supplies each Monday. Institutional operators hit 5-day average turn.

What does competitive benchmarking look like?

Pull 3-5 comparable properties or units in your submarket from CoStar, Yardi, CIM, or your local broker. Normalize by unit type, class, and age. Your outputs should fall within one standard deviation of the comp-set mean. Outliers are either opportunities or warning signs — dig into why. Monthly benchmarking keeps your portfolio on-market and pricing sharp.

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