Rental Repair Cost Estimator

Budget for landlord repair and maintenance costs

What is this? Budget for landlord repair and maintenance costs. See annual reserve requirements per unit based on age and property type.

Who it's for: Business professionals, investors, and entrepreneurs.
Property
Common Repairs
Annual Repair Budget
Total Annual Repairs
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Monthly Reserve
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As % of Property Value
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CapEx Reserve (5%)
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Turnover Reserve
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Total Monthly Set-Aside
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For educational purposes. Actual costs vary by property condition and location.

Landlord & Maintenance Tools

Tools that pair well with this calculator — selected by our team.

HomeAdvisor →
$1.50–$16/lead — finding contractors
Stessa →
Property management for landlords
ToolBest ForNetwork
HomeAdvisor$1.50–$16/leadFlexOffers
StessaProperty management for landlordsDirect

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Frequently Asked Questions

How much should I budget for repairs?

The 1% rule: budget 1% of home value per year for repairs and maintenance. A $300K home = $3,000/year. Older homes require more. Emergency fund for major items (roof, HVAC) on top of the 1% budget.

Should I do repairs myself?

Only if you have the skills and time. Poor repairs cost more in the long run. For rentals, professional repairs often pay for themselves in speed and quality. Budget for your time at an hourly rate and compare to hiring out.

How do I prioritize repairs?

Safety issues first (structural, electrical, plumbing). Then items that cause further damage (roof leaks, water damage). Then habitability issues (broken HVAC). Finally, cosmetic improvements. Document everything for insurance and tax purposes.