An eviction process has direct and indirect costs. Direct costs include court and law enforcement fees. Indirect costs include the loss of income from unpaid rent and the inability to rent the property to paying tenants.
Human Cost
In addition to the financial cost, there is also a human cost. Evictions can be emotional and stressful. Landlords can get caught between the financial need to have timely rent payments versus the experience of evicting a family with small children. This is why it is important for landlords to have a strong and comprehensive lease and clearly understand the eviction process in their local jurisdiction.
