Apartment Building Cost Calculator

Cost to build will do the rest and provide you with a cost summary.

Apartment building cost calculator.

The cost to build calculator is fast accurate and it s free to use. Quickly estimate the cost of residential and commercial projects in over 160 us. This calculator shows rentals that fit your budget. For the building of an apartment building with twelve units the typical costs include.

Input your net after tax income and the calculator will display rentals up to 40 of your estimated gross income. Use our construction cost calculator to quickly estimate new construction costs on over 50 building types. There is some overlap and variation depending on whether this is a luxury mid range or builder grade apartment building. Some contractors however may charge as much as 200 per square foot depending on the work required and the rates of subcontractors.

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. 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. 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.

Just select the house or garage calculator above then enter the required fields. The following analysis estimates the cost to build an apartment 4 7 story using us national average costs from 2013 rsmeans cost data. Apartment construction costs per unit. Costs are derived from a building model that assumes basic components using union labor for a 60000 square foot building.

This project will require the assistance of an architect and a general contractor. 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. Construction cost estimates for apartment 4 7 story in national us. 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.

Expenses could impact the amount you want to spend on rent each month.