Rehab Cost Per Square Foot
Rent-ready/renovation costs divided by square footage.
Example Result
Sample DataBased on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.
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Rehab Cost Per Square Foot Formula
What This Means
A sample property priced at $385,000 with $2,850/month rent has a rehab cost per square foot of $0.00. Rehab costs typically range from $10-$40/sqft for cosmetic updates and $50-$100+/sqft for gut renovations. Knowing your cost per sqft helps you evaluate if the rehab budget is realistic and compare against local contractor bids.
Where This Value Comes From
Rehab Cost Per Square Foot is not entered directly — it is calculated from Rent Ready Costs and Square Footage. See the formula breakdown above and the detailed inputs below.
Calculated From
Rehab Cost Per Square Foot is calculated using these inputs:
Platform Distribution
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Unlock Rental Property CalculatorWhy It Matters
Rehab costs typically range from $10-$40/sqft for cosmetic updates and $50-$100+/sqft for gut renovations. Knowing your cost per sqft helps you evaluate if the rehab budget is realistic and compare against local contractor bids.
Detailed Explanation
Rehab Cost Per Square Foot normalizes renovation costs by property size. This helps compare rehab intensity across different sized properties.
Example
Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.
Related Calculations
Total Cash to Close
UCash needed at the closing table to acquire the property.
Total Cash Invested
UTotal cash committed to the property: closing costs, rent-ready, reserves, and negative cash flow.
All-In Cost Per Unit
UTotal acquisition cost (including closing and rehab) per unit.
All-In Cost Per Square Foot
UTotal acquisition cost per square foot.
ARV Estimate
1After Repair Value — estimated property value after renovations.
Profit If Sold Today
VNet profit if the property were sold at current market value.
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