A 3 bedroom, 2 bath single family home in Danville
- Smooth year: the tenant renews for another 12 months.
- Turnover year: the tenant moves out, the home sits empty for 30 days, and we place a new tenant.
- Tough year: the tenant stops paying, we complete the eviction, and the home sits empty for 30 days before we place a new tenant.
| Smooth year | Turnover year | Tough year | |
|---|---|---|---|
| Rent collected from the tenant | $28,800 | $26,400 | $23,077 |
| Security deposit kept and applied to unpaid rent | $0 | $0 | $2,400 |
| Management fee (11%) | $3,168 | $2,904 | $2,802 |
| Leasing fee | $0 | $1,200 | $1,200 |
| Renewal fee | $480 | $0 | $0 |
| Total fees to One Focus | $3,648 | $4,104 | $4,002 |
| Fees as a share of rent collected | 12.7% | 15.5% | 15.7% |
| Maintenance | $1,400 | $1,400 | $1,400 |
| Turnover (clean, paint, repairs) | $0 | $1,200 | $1,200 |
| Court costs | $0 | $0 | $450 |
| What is left for you | $23,752 | $19,696 | $18,425 |
Notice something about the tough year. You lose money, and so do we. Our total fees are lower in the eviction year than in the turnover year, because we only earn our 11% on rent that actually gets collected. When your property has a bad year, we have one too.







