Vacancy Cost Calculator for Rental Homes

Name: Pyramis Companies, Inc
Price range: $$$

Vacancy Cost Calculator for San Antonio Rental Homes

A vacant rental home costs more than the rent you miss. You still pay the mortgage, taxes, insurance, and utilities, and a new tenant brings turn and leasing costs. Enter your numbers below to see what a vacancy costs on your home. It is an estimate, not a guarantee.

Your rental home

Monthly rent ($) Days the home could sit vacant

Costs you still pay while it is empty

Mortgage payment per month, principal and interest ($) Property taxes per year ($) Insurance per year ($) HOA per month ($)

Costs that come with the vacancy

Utilities per month while vacant ($) Lawn and yard per month ($) Cleaning and make-ready between tenants ($) Leasing fee (months of rent) Move-in concession, such as free rent ($)

Optional: weighing a lower rent

Rent reduction per month you are considering ($)

How the Vacancy Cost Calculator Works

The calculator adds the costs that come directly from an empty home: the rent you do not collect, utilities and yard care, cleaning and make-ready, the leasing fee for the next tenant, and any move-in concession. It shows your mortgage, tax, insurance, and HOA payments separately. You owe those whether the home is rented or not, but a vacancy means you cover them without rent coming in.

Leasing fee defaults to 50% of one month’s rent, the Pyramis leasing fee. Change it to match any other quote.

Vacancy Cost FAQ

How much does a vacant rental cost per month?

It depends on your rent and your costs. Enter your own numbers above. The biggest line is usually the rent you miss, followed by the leasing fee and make-ready.

How long will my home be vacant?

No calculator can tell you. The vacancy days field is yours to set. Pricing, condition, and how fast the home is marketed all affect it. A free rental analysis gives you our view for your specific home.

Should I lower the rent to fill a vacancy faster?

Sometimes. Use the optional rent reduction field to see how many vacant days a lower rent equals over a 12-month lease. The right call depends on how your home compares to the homes competing with it.

Does the calculator guarantee a result?

No. It is an estimate. We do not guarantee rent, returns, or lease-up times.

Find Out What Your Home Could Rent For

The cheapest vacancy is the one that is priced and marketed correctly from day one. Request a free rental analysis and we will tell you what we would expect your home to rent for. Pyramis has managed San Antonio single-family homes since 1985. Nothing you enter in the calculator is stored or sent to us. Thinking about selling instead? Try the Rent vs Sell Calculator.