Turnover Cost
The total cost of preparing a vacated unit for reuse.
Definition
Turnover Cost is The total cost of preparing a vacated unit for reuse. In day-to-day operations, it matters when a vacant unit is being pushed back to rentable condition as quickly and cleanly as possible.
Operationally, it matters because turnover work directly affects vacancy loss because the unit does not earn while it waits. Teams use these terms to connect scope, budget, and the promised ready date.
Use cases
Use Turnover Cost to scope the work needed to bring a vacant unit back to market.
Review Turnover Cost when the team needs to compare ready dates against actual downtime and cost.
Track Turnover Cost so operations can keep turnover pace visible before vacancy loss compounds.