Home & Mortgage

Rental Property Calculator

Evaluate a rental property from purchase through sale using acquisition costs, financing, repairs, rent, vacancy, management, taxes, insurance, maintenance, appreciation, and selling costs. Review cash flow, net operating income, cap rate, cash-on-cash return, IRR, loan paydown, and projected sale profit.

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

Input parameters

Purchase Price: Acquisition price of the property.
Closing Cost: Costs paid to acquire the property.
Down Payment: The amount or percentage paid upfront.
Interest Rate: The annual percentage rate used in the calculation.
Loan Term: The length of time allowed to repay the loan.
Repair Cost: Initial renovation spending.
Rental Price: Expected monthly rent.
Other Income: Recurring non-rent property income.
Vacancy Rate: Expected percentage of time without rent.
Management Fee: Property-management cost.
Property Tax: Annual property tax.
Total Insurance: Annual insurance expense.
HOA Fee: Association expense.
Maintenance: Expected maintenance expense.
Other Costs: Other operating expenses.
Value Appreciation: Expected annual property-value growth.
Selling Price: Expected sale price when directly specified.
Holding Length: Years the property is owned.
Cost to Sell: Selling costs as an amount or percentage.

Understanding the results

Cash flow: Rental income minus operating expenses and debt service.
Cap rate: Net operating income divided by property value.
Cash-on-cash return: Annual cash flow divided by cash invested.
Total return: Cash flow, principal paydown, and sale proceeds over the holding period.

Calculation principle

The tool forecasts income and expenses, applies vacancy and growth assumptions, amortizes financing, and estimates sale proceeds.

Read and validate the entered values.
Convert percentages and time periods into compatible units.
Apply the formulas below and present the calculated results.

Formulas

Net operating income NOI = Effective rental income + Other income − Operating expenses

Cash flow Cash flow = NOI − Debt service

Cap rate Cap rate = NOI / Property value × 100

Sale proceeds Proceeds = Sale price − selling costs − remaining loan balance

Symbols refer to the corresponding input and result labels shown above.

How to use this calculator

Enter your figures, choose any available options, and select Calculate. You can change the inputs as often as you like to compare scenarios.

Planning note

Results are estimates for education and planning. Taxes, lender rules, fees, and investment returns can vary, so verify important decisions with a qualified professional.

Input parameters

Understanding the results

Calculation principle

Formulas

How to use this calculator

Planning note

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