Rental Property Calculator

Analyze rental property income and expenses using our detailed calculator.

Purchase

Purchase Price

Closing Cost

Loan

Use Loan

Repairs

Need Repairs

Income

Rental Price

$ /months

Annual Increase

Other Income

$ /months

Annual Increase

Vacancy Rate

Management Fee

Recurring Operating Expenses

Property Tax

Annual Increase

Total Insurance

Annual Increase

HOA Fee

Annual Increase

Maintenance

Annual Increase

Other Costs

Annual Increase

Sell

Known Selling Price

Holding Length

years

Cost to Sell

There was an error with your calculation.

Result

Return (IRR)	16.19%
Total Profit when Sold	$523,547.85
Cash on Cash Return	918.5%
Capitalization Rate	7.03%
Total Rental Income	$673,908.99
Total Mortgage Payments	$287,784.00
Total Expenses	$201,527.81
Total Net Operating Income	$472,381.18

Mortgage

Vacancy

Management

Property Tax

Insurance

HOA

Maintenance

Other Cost

FIRST YEAR INCOME AND EXPENSE
	MONTHLY	ANNUAL
Income	$2,200.00	$26,400.00
Mortgage Pay	$1,199.10	$14,389.20
Vacancy	$110.00	$1,320.00
Management Fee	$0.00	$0.00
Property Tax	$250.00	$3,000.00
Total Insurance	$125.00	$1,500.00
HOA	$0.00	$0.00
Maintenance Cost	$208.33	$2,500.00
Other Cost	$41.67	$500.00
Cash Flow	$265.90	$3,190.80
Net Operating Income (NOI)	$1,465.00	$17,580.00

What is an Online Rental Property Calculator?

An Online Rental Property Calculator is a financial tool that helps real estate investors analyze the profitability of a rental property. By inputting key variables such as purchase price, rental income, expenses, and financing details, it calculates metrics like cash flow, return on investment (ROI), capitalization rate (Cap Rate), and cash-on-cash return. This helps investors make informed decisions about whether a property is a good investment.

How to Use an Online Rental Property Calculator?

Enter the Property Purchase Price:
- Include the purchase cost of the rental property.
Input Rental Income:
- Add the expected monthly or annual rent revenue from tenants.
Specify Operating Expenses:
- Provide details about property management fees, insurance, taxes, maintenance, and other recurring costs.
Include Loan Details:
- If financed, enter the loan amount, interest rate, and loan term.
Review Results:
- The calculator will provide a detailed breakdown of cash flow, ROI, Cap Rate, and other essential metrics.
Adjust Scenarios:
- Experiment with different inputs to see how changes in income, expenses, or financing impact your investment’s profitability.

Frequently Asked Questions-

What is the capitalization rate (Cap Rate), and how is it calculated?
- The Cap Rate is the ratio of net operating income (NOI) to the property's value or purchase price. It helps evaluate a property's profitability.
Can I use the calculator for short-term rentals like Airbnb properties?
- Yes, but you need to estimate average occupancy rates and additional expenses like cleaning fees.
How accurate are the results from a rental property calculator?
- Accuracy depends on the quality of your input data, such as realistic estimates of income and expenses.
Does the calculator include tax benefits like depreciation?
- Some advanced calculators allow you to factor in depreciation and other tax considerations.
What is cash-on-cash return, and why is it important?
- Cash-on-cash return measures the return on the cash invested in the property. It's crucial for understanding the efficiency of your investment.