Rental Property Calculator

Modify the values and click Calculate.

Purchase

Purchase Price

Use Loan?

Down Payment (%)

Interest Rate (annual %)

Loan Term (years)

Closing Cost

Need Repairs (one-time)

Recurring Operating Expenses (annual)

Property Tax

Insurance

HOA Fee

Maintenance

Other Costs

Annual Expense Increase (%)

Income

Monthly Rent

Other Monthly Income

Vacancy Rate (%)

Management Fee (%)

Annual Income Increase (%)

Sell / Exit

Do You Know the Sell Price?

Value Appreciation (%) per year

Holding Length (years)

Cost to Sell (as % of sale)

Known Sell Price (optional)

Results

Down payment + closing + repairs

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Loan amount

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Monthly mortgage payment

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Gross annual income (year1)

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Vacancy loss

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Effective gross income

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Total annual operating expenses

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Net operating income (NOI)

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Cash flow before tax (annual, year1)

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Cap Rate (NOI / Purchase Price)

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Cash-on-Cash Return (year1)

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Projected sale price (end of holding)

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Net proceeds from sale

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Total profit (sale + cashflow – investment)

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Note: This calculator provides estimates for year 1 results and a simple sale projection based on linear appreciation and constant expense/income growth. It does not replace professional advice.

Rental Property Calculator Online: Calculate Your Investment Easily

Introduction

A Rental Property Calculator online is a powerful tool for real estate investors who want to determine the profitability of a rental property. Whether you are a seasoned investor or a first-time landlord, this calculator helps you analyze potential rental income, expenses, cash flow, and return on investment (ROI).

Using a Rental Property Calculator online allows you to make informed decisions before purchasing or renting out a property. It saves time, eliminates guesswork, and ensures that your real estate investment is financially sound.

Formula / Working

The calculator uses key formulas to estimate rental property performance:

1. Gross Rental Yield

Gross Rental Yield (%)=Annual Rental IncomeProperty Purchase Price×100\text{Gross Rental Yield (\%)} = \frac{\text{Annual Rental Income}}{\text{Property Purchase Price}} \times 100Gross Rental Yield (%)=Property Purchase PriceAnnual Rental Income×100

2. Net Rental Income

Net Rental Income=Annual Rental Income−Annual Expenses\text{Net Rental Income} = \text{Annual Rental Income} - \text{Annual Expenses}Net Rental Income=Annual Rental Income−Annual Expenses

Where Expenses include property taxes, insurance, maintenance, management fees, and mortgage payments.

3. Cash Flow

Cash Flow=Net Rental Income−Loan Payments\text{Cash Flow} = \text{Net Rental Income} - \text{Loan Payments}Cash Flow=Net Rental Income−Loan Payments

4. Return on Investment (ROI)

ROI(%)=Annual Cash FlowTotal Investment×100ROI (\%) = \frac{\text{Annual Cash Flow}}{\text{Total Investment}} \times 100ROI(%)=Total InvestmentAnnual Cash Flow×100

These calculations give a clear picture of a rental property’s profitability.

Step-by-Step Usage

Using a Rental Property Calculator online is easy:

Enter property price – The total purchase price of the rental property.
Input rental income – Expected monthly rent.
Add expenses – Include taxes, insurance, maintenance, management fees, and any mortgage payments.
Include down payment – If financing, enter the initial investment.
Click Calculate – The tool instantly shows gross yield, net income, cash flow, and ROI.

This helps you quickly evaluate whether a property is a good investment.

Examples

Example 1 – Single-Family Home

Property Price: $200,000
Monthly Rent: $1,500
Annual Expenses: $6,000
Mortgage Payment: $900/month

AnnualRentalIncome=1,500×12=18,000Annual Rental Income = 1,500 \times 12 = 18,000AnnualRentalIncome=1,500×12=18,000 NetRentalIncome=18,000−6,000=12,000Net Rental Income = 18,000 - 6,000 = 12,000NetRentalIncome=18,000−6,000=12,000 CashFlow=12,000−(900×12)=1,200Cash Flow = 12,000 - (900 \times 12) = 1,200CashFlow=12,000−(900×12)=1,200 ROI=1,20040,000 (down payment)×100=3%ROI = \frac{1,200}{40,000\ (\text{down payment})} \times 100 = 3\%ROI=40,000 (down payment)1,200×100=3%

Example 2 – Condo Investment

Property Price: $150,000
Monthly Rent: $1,200
Annual Expenses: $4,500
Mortgage Payment: $750/month

AnnualRentalIncome=1,200×12=14,400Annual Rental Income = 1,200 \times 12 = 14,400AnnualRentalIncome=1,200×12=14,400 NetRentalIncome=14,400−4,500=9,900Net Rental Income = 14,400 - 4,500 = 9,900NetRentalIncome=14,400−4,500=9,900 CashFlow=9,900−(750×12)=600Cash Flow = 9,900 - (750 \times 12) = 600CashFlow=9,900−(750×12)=600 ROI=60030,000 (down payment)×100=2%ROI = \frac{600}{30,000\ (\text{down payment})} \times 100 = 2\%ROI=30,000 (down payment)600×100=2%

Example 3 – Multi-Family Property

Property Price: $500,000
Monthly Rent: $4,000
Annual Expenses: $20,000
Mortgage Payment: $2,500/month

AnnualRentalIncome=4,000×12=48,000Annual Rental Income = 4,000 \times 12 = 48,000AnnualRentalIncome=4,000×12=48,000 NetRentalIncome=48,000−20,000=28,000Net Rental Income = 48,000 - 20,000 = 28,000NetRentalIncome=48,000−20,000=28,000 CashFlow=28,000−(2,500×12)=−2,000Cash Flow = 28,000 - (2,500 \times 12) = -2,000CashFlow=28,000−(2,500×12)=−2,000 ROI=−2,000100,000 (down payment)×100=−2%ROI = \frac{-2,000}{100,000\ (\text{down payment})} \times 100 = -2\%ROI=100,000 (down payment)−2,000×100=−2%

Result: Not profitable unless rent increases or expenses decrease.

FAQs

1. What is a rental property calculator?
It is a tool that estimates rental income, expenses, cash flow, and ROI for investment properties.

2. Can it include mortgage payments?
Yes, you can input loan details to calculate true cash flow.

3. Is it suitable for single-family and multi-family properties?
Yes, it works for all types of rental properties.

4. Does it help determine profitability?
Absolutely, it shows cash flow and ROI to help make informed investment decisions.

5. Can I use it before buying a property?
Yes, it’s ideal for evaluating potential investments before purchase.