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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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 at Purchase (Month 0). 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.
Inputs That Determine Rehab Cost Per Square Foot
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
Years Owned
UTime elapsed since the property was purchased, calculated from the purchase date to today.
Profit If Sold
UNet profit if sold today, based on actual years owned.
Return If Sold
UNet sale profit as a percentage of initial cash invested, based on actual years owned.
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.
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