Calculators

Rental Property Calculator

Turn rental income, expenses, and financing into transparent property metrics.

Property assumptions

Purchase price ($)

Down payment (%)

Annual interest rate (%)

Loan term (years)

Monthly rent ($)

Monthly other income ($)

Vacancy (%)

Credit loss (%)

Annual operating expenses ($)

Closing costs ($)

Initial repairs ($)

Formula: Effective gross income − operating expenses

Using your numbers: $29,328.00 − $9,000.00 = $20,328.00

NOI measures property income after vacancy, credit loss, and operating expenses, before financing.

Formula: NOI − annual debt service

Using your numbers: $20,328.00 − $17,267.06 = $3,060.94

Cash flow is the money left after property operations and principal-and-interest loan payments.

Formula: NOI ÷ purchase price × 100

Using your numbers: $20,328.00 ÷ $300,000.00 × 100 = 6.78%

Cap rate compares the property's NOI with its purchase price without considering financing.

Formula: Annual cash flow ÷ total cash invested × 100

Using your numbers: $3,060.94 ÷ $69,000.00 × 100 = 4.44%

Cash-on-cash return compares annual cash flow with the cash required upfront.

Formula: NOI ÷ annual debt service

Using your numbers: $20,328.00 ÷ $17,267.06 = 1.18

DSCR shows how many times the property's NOI covers its principal-and-interest debt service.

Formula: Loan amount ÷ property value × 100

Using your numbers: $240,000.00 ÷ $300,000.00 × 100 = 80.00%

LTV compares the loan balance with the purchase price used as the property value.

Results are educational estimates and are not investment, lending, tax, or legal advice.