Free Tool · Turnover Cost
Turnover Cost Calculator
See what cutting your turn time is actually worth — annual vacancy recovery, per unit and portfolio-wide. This is rent recovery only; it doesn’t count concessions avoided, faster lease-up, or maintenance hours freed up.
Your numbers
US multifamily commonly runs 45–50%.
Jacksonville midpoint is roughly $1,425.
Target is higher than your current turn time — that shows as a loss below, not a recovery.
What this means for your property
At 200 units turning 50% a year, cutting your turn from 10 to 5 days recovers about $23,750 annually — roughly $238 per unit, on rent alone.
This is rent recovery only. It doesn’t count concessions avoided, faster lease-up in a competitive submarket, or the maintenance hours freed up.
Reading the numbers
What the calculator is actually showing you
Why days matter more than rate
Vacancy loss usually exceeds the painting line by a wide margin. A modest rent doesn’t offset a slow turn — the days themselves are the bigger cost, which is why cutting days moves the total more than negotiating the per-unit rate does.
What actually cuts days
Sequencing, not speed. Repairs → paint → clean → punch, in that order, with no crew waiting on the one before it. Rushing any single step usually costs more time than it saves once a patch fails or a coat gets recoated too early.
What this doesn’t count
Concessions avoided, faster lease-up velocity in a competitive submarket, and the maintenance hours freed up when techs aren’t chasing a slow turn. All real, none of them counted here — this is rent recovery only, deliberately conservative.
Questions
Common questions
Where does the painting figure come from?
Painting uses about $525 per unit, the midpoint of Paintcoats’ $300–$750 per-unit range (about $1 per square foot, depending on size and condition). The exact fixed number for your buildings is agreed at the walk.
Where does the total turn cost figure come from?
It uses the $3,872 average turnover cost per unit from Zego’s 2026 Resident Experience Management Report — an industry figure covering the whole turn, not a Paintcoats price. See the Turnover Painting Cost guide for the sourced breakdown.
What’s a realistic days-to-turn target?
The industry benchmark for a full make-ready is 3–5 days, with 5–7 also commonly cited. Your realistic number depends on unit condition, crew capacity and whether ceilings or a color change are involved.
Does this include add-ons like color changes or pet odor?
No. Add 10–15% to the painting spend figure to account for color changes, pet odor sealing and smoke remediation, which appear in a predictable proportion of turns even if you can’t predict which units.
Get a per-unit price for your property
Your calculator numbers are a starting point. We’ll walk your property and price it per unit type.
Serving Duval, Clay, St. Johns and Nassau counties.