Apartment Building Cost Calculator

Input your net after tax income and the calculator will display rentals up to 40 of your estimated gross income.

Apartment building cost calculator.

Quickly estimate the cost of residential and commercial projects in over 160 us. Costs are derived from a building model that assumes basic components using union labor for a 60000 square foot building. Construction cost estimates for apartment 4 7 story in national us. Income generating properties include warehouse units apartments office buildings rental houses and more.

The cost to build calculator helps you calculate the cost to build your new home or garage. This estimate uses contractor fees of between 85 and 200 per square foot psf to provide a reasonable range between the most and least expensive markets as the average contractor fee in the u s. Real estate investments generate income through rent some people invest in properties such as buildings commercial complexes or houses for the purpose of renting them out. Cost to build will do the rest and provide you with a cost summary.

Just select the house or garage calculator above then enter the required fields. For the building of an apartment building with twelve units the typical costs include. Use our construction cost calculator to quickly estimate new construction costs on over 50 building types. The cost to build calculator is fast accurate and it s free to use.

Savings debt and other. Expenses could impact the amount you want to spend on rent each month. Apartment construction costs per unit. The following analysis estimates the cost to build an apartment 4 7 story using us national average costs from 2013 rsmeans cost data.

Utilizing mid range materials a normal foundation with full basement efficient doors and windows all appliances and turnkey finishing would run at an average of 64 575 to 86 100 per unit to complete. The total cost range per square foot to build an apartment building is between 85 and 400 a square foot with an average cost of 229 a square foot. According to the most recent cost estimates multifamily apartment construction currently costs between 64 500 to 86 000 per unit. This calculator shows rentals that fit your budget.

There is some overlap and variation depending on whether this is a luxury mid range or builder grade apartment building.