Landlord Resources

What Does an Empty Unit Really Cost You?

Every month a rental sits vacant, you're still paying the mortgage, taxes, and insurance — with no rent coming in to cover it. See the real number.

This tool uses only the figures you enter. Pricing it right from day one is usually the single biggest lever for keeping this number small.

Step 1 — Carrying Costs While Vacant

Owned Free & Clear (No Mortgage)

Turn this on if there is no monthly mortgage payment on this property.

Monthly Mortgage Payment (Principal & Interest)

Property Taxes (monthly)

Landlord Insurance (monthly)

HOA Dues

Monthly or monthly-equivalent HOA fee, if any.

Utilities & Upkeep While Vacant

Utilities kept on, lawn care, pool service, etc. while the unit is empty.

Monthly Utilities & Upkeep

Step 2 — Rent You'd Be Collecting

Monthly Rent

Step 3 — How Long Will It Sit Empty?

Estimated Months Vacant 2 months

Even a well-priced rental typically takes 2–4 weeks to turn — a slow listing can run much longer.

Total Cost of This Vacancy

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If this unit sits empty for 2 months.

Monthly Carrying Cost

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Lost Rent / Month

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Total Cost / Month Vacant

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Press “Calculate the Cost of This Vacancy” to see your full breakdown.

This tool uses only the figures you enter. Actual vacancy length depends on local market conditions, pricing strategy, condition of the unit, and marketing. It is not a guarantee of any specific lease-up timeline.

Don't let this number grow.

The fastest way to shrink this is getting the unit priced right and in front of qualified renters quickly. Let’s talk about listing it.

Complete the Landlord Questionnaire