Example: Current rent: $2,100 · Proposed increase: 4% · Turnover cost if tenant leaves: $3,500 · Expected vacant days if turnover: 20 days → New rent: $2,184.00.
Extra income per year: $1,008
Cost if tenant walks: $4,881
Increase pays back turnover in: 4 years, 11 months
Frequently asked questions
How do I calculate lease renewal? Enter your numbers above and the result updates instantly. For example: Current rent: $2,100 · Proposed increase: 4% · Turnover cost if tenant leaves: $3,500 · Expected vacant days if turnover: 20 days → New rent: $2,184.00.
Is this Lease Renewal Calculator free? Yes — completely free with no sign-up or paywall. It runs entirely in your browser and keeps working offline; the numbers you enter never leave your device.
How accurate is it? It uses the standard published formula for lease renewal. Results are estimates for planning — not financial, tax, medical, engineering, or legal advice.