Free tools / Concession True Cost
Concession True Cost
See the real cost of a move-in concession: per move-in, per year at your move-in volume, and as a share of what a typical tenant pays over their stay.
Inputs
Example inputs, not market dataStarting values are made-up examples to show the math. They are not market data. Replace them with your own figures. Nothing you type leaves your browser.
Results
Updates as you typeHow this works
- Free months:
cost per move-in = rate x free months - Percent off:
cost per move-in = rate x discount % x months - Months are capped at the average stay, since a tenant cannot get a discount after leaving.
Cost per year = cost per move-in x move-ins per yearLifetime revenue = rate x average stay in monthsShare of lifetime revenue = cost per move-in / lifetime revenue
Rent only. If the promo also lifts protection plan or fee income, or brings in tenants who would not have rented otherwise, weigh that against the cost.
Want a second set of eyes on your numbers?
Request a Free Facility Review. We look at revenue, expenses, occupancy, and pricing and send back plain-English notes.