What empty units are actually costing your portfolio
What is this? Every month a unit sits vacant costs you the rent PLUS turnover costs (cleaning, repairs, marketing, lost rent during showings). This calculator shows the true annualized cost of vacancy — not just lost rent.
The math: A unit vacant 1 month per year sounds like 8.3% vacancy. But if you also lose 3 weeks of showings between tenants, you're actually losing 11-12% of potential income.
Who it's for: Landlords and property investors evaluating whether to reduce rents (faster leasing) vs. holding out for higher rent.
Portfolio Data
Vacancy Cost Analysis
Annual Vacancy Loss
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Turnover Cost/Year
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Total Vacancy Cost
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Cost Per Unit/Year
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Effective Vacancy Cost
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Net Operating Income
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Estimates based on averages. Actual vacancy varies by market, property condition, and management quality.