Eviction Cost Estimate Calculator Formula
Understand the math behind the eviction cost estimate calculator. Each variable explained with a worked example.
Formulas Used
Total Eviction Cost
total_eviction_cost = net_costGross Cost Before Deposit
gross_before_deposit = gross_costTotal Lost Rent
total_lost_rent = lost_rentTotal Legal Costs
total_legal = legal_totalTotal Damage & Repair
total_damage = damage_totalSecurity Deposit Offset
deposit_offset = security_depositVariables
| Variable | Description | Default |
|---|---|---|
monthly_rent | Monthly Rent(USD) | 1800 |
months_unpaid | Months of Unpaid Rent | 2 |
legal_fees | Attorney Fees(USD) | 1500 |
court_costs | Court Filing & Service Costs(USD) | 400 |
eviction_process_months | Eviction Process Duration (months) | 2 |
property_damage | Estimated Property Damage(USD) | 3000 |
make_ready_cost | Make-Ready After Eviction(USD) | 2000 |
security_deposit | Security Deposit Held(USD) | 1800 |
lost_rent | Derived value= monthly_rent * (months_unpaid + eviction_process_months) | calculated |
legal_total | Derived value= legal_fees + court_costs | calculated |
damage_total | Derived value= property_damage + make_ready_cost | calculated |
gross_cost | Derived value= lost_rent + legal_total + damage_total | calculated |
net_cost | Derived value= gross_cost - security_deposit | calculated |
How It Works
The True Cost of Eviction
Eviction is one of the most expensive events a landlord can face. The total cost goes far beyond just the lost rent and legal fees.
Cost Components
Timeline
The eviction process typically takes 2-6 months depending on jurisdiction: 1. Notice period (3-30 days) 2. Court filing and hearing (2-4 weeks) 3. Judgment and writ of possession (1-4 weeks) 4. Sheriff lockout (1-2 weeks)
Prevention is Cheaper Than Cure
Thorough tenant screening, clear lease terms, and prompt action at the first sign of non-payment are the best defenses against costly evictions.
Worked Example
$1,800/month rent, 2 months unpaid before filing, 2-month eviction process, $1,500 attorney fees, $400 court costs, $3,000 property damage, $2,000 make-ready, $1,800 security deposit.
- 01Lost rent: $1,800 x (2 + 2) = $7,200
- 02Legal costs: $1,500 + $400 = $1,900
- 03Damage & repairs: $3,000 + $2,000 = $5,000
- 04Gross cost: $7,200 + $1,900 + $5,000 = $14,100
- 05Net cost after deposit: $14,100 - $1,800 = $12,300
Frequently Asked Questions
How long does an eviction take?
The timeline varies widely by state and county. In tenant-friendly states like New York or California, evictions can take 3-6 months or longer. In landlord-friendly states, the process may be completed in 3-6 weeks. Court backlogs can extend any timeline.
Can I recover the costs from the tenant?
You can obtain a money judgment against the tenant, but collecting on it is often difficult. Many evicted tenants have limited assets or income to garnish. Some landlords use collection agencies or small claims court, but recovery rates are typically low.
Do I need an attorney for an eviction?
While not always legally required, an attorney is strongly recommended. Eviction procedures have strict technical requirements, and mistakes can result in the case being dismissed, forcing you to start over. Many landlord attorneys charge $1,000-$3,000 per eviction.
Ready to run the numbers?
Open Eviction Cost Estimate Calculator