Model rent lift and payback before you spend.
Choose an upgrade, enter cost, and see the expected rent increase and payback for rentals—not flips.
Run the ROI calculatorTips
- Target payback under 24 months for rentals.
- Match upgrades to neighborhood expectations.
- Account for vacancy during the project.
Upgrade details
Start with your current rent, select an upgrade, and adjust the cost and rent lift.
FAQ
What’s a good payback period for rental upgrades?
Under ~24 months is generally strong. 24–30 months can be okay if the upgrade reduces turnover risk. Longer than that is usually slow.
Should I include vacancy during the project?
Yes. If the work forces vacancy, factor those lost days into total cost. Faster execution or doing work between tenants improves ROI.
How accurate are the default rent lifts?
They’re ballpark estimates. Your market, property type, and finish level matter. Adjust the expected increase based on comps and renter expectations.
Is it better to do multiple small upgrades or one big one?
Start with fast-payback items (paint, fixtures, minor flooring) before big kitchen/bath projects unless comps clearly support a higher lift.
ROI snapshot
New rent, annual lift, and payback period.
New estimated rent
Marginal payback$2,270
+$170 per month ($2,040 per year).
Payback period
22.4 months
Annual rent lift
$2,040
Upgrade cost
$3,800
Current rent
$2,100
When it’s worth it
- Payback under ~24 months is typically strong for rentals.
- Pair upgrades with lease renewal to avoid extra vacancy.
If payback is slow
- Downscope: focus on paint/fixtures before bigger projects.
- Rebid labor or time the work between tenants to cut downtime.
Want pro-grade numbers?
We’ll price upgrades against comps and handle the project if you prefer.