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Turnover Cost Estimator

Turnover can be the biggest, most consistent cost you encounter with your rental
property. It’s why we go through great lengths to keep tenants happy in your home
– we want them to stay! On average our tenants rent from us for longer than 2 years
– which is pretty good. But, when they move out, there are costs for getting the
home back into the top condition we expect for the new tenant that will be moving
in. A lot of this cost is not something that can be billed back to the former tenant –
it’s considered normal wear and tear.

We expect your tenant to clean and repair anything which they have broken – and
those things can be billed back. They should have carpets steam cleaned professionally
at the conclusion of their lease. We also expect them to keep up with the exterior
maintenance they are responsible for under their lease up until its conclusion.

Most of the time, painting, some additional cleaning, maintenance repairs, and even
some lawn care (depending on the length of time between tenants) may be an
expense you have to bear during the transition from one tenant to the next. To help
you plan and to get a better understanding of what may be deducted from your
rent disbursement during turnover – we’ve put together a chart of typical costs
during turnover.

We MUST stress the caveat that these costs are estimated, and each home can be
and is typically unique. The cost for these services may vary and sometimes is based
on a time & material calculation after the work is completed. We’ll do our best to
get you firm pricing when requested and if there is any particular work you want
completed – it’s best we try to plan for that beforehand.

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