Where does the cleaning piece of a $1,750 turnover actually land?
The figure I've seen quoted for tenant turnover is about $1,750 on average, cleaning included. I'm trying to break that into lines I can put in a model rather than carry as one lump.
Quotes I've collected on a 2 bed 1 bath, roughly 850 square feet: $180 on the low end, $450 on the high end for what one company called a deep clean, and a carpet guy at $45 a room with a $135 minimum. So cleaning looks like maybe 15 to 25 percent of the $1,750 depending on which quote I use, and the rest is paint and repairs.
What I can't place is the trash-out portion. Two of the units I'm looking at were left with furniture in them. Is that inside the cleaning quote or a separate number, and is it big enough to matter or is it a couple hundred dollars?