Square Footage Formula What you need to do here is use $1 per square foot for all maintenance activities throughout the year. For example, if your property is 5000 square-foot, then you will need to set aside around $5000 annually for maintenance expenses.

Property maintenance is the application of cleaning, safety checks, and repairs throughout residential buildings. Applying the increases the satisfaction of tenants and guests and thereby improves a company's reputation. This finer reputation leads to higher retention of tenants and repeats business from visitors.