Rental Property Calculator

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Analyzes the financial viability of a real estate investment property, calculating key metrics such as gross rental yield, net operating income (NOI), and cash flow.

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How To Use

How to use this calculator

Start with your values, or try a preset.

Step 1

Enter Monthly Rent ($), Property Price ($), Annual Property Taxes ($), Annual Insurance ($), Annual Maintenance ($), Annual Vacancy Rate (%), Property Management Fee (%), Monthly Mortgage Payment ($), and Other Monthly Expenses ($) in the units shown.

Step 2

Read Annual Debt Service (Mortgage Payments) ($), Annual Gross Rental Income ($), Annual Vacancy Loss ($), Gross Rental Yield (%), Effective Gross Rental Income ($), Annual Property Management Fees ($), Total Annual Expenses ($), Net Operating Income (NOI) ($), Annual Cash Flow ($), and Cash on Cash Return (%) in the results panel. Results update as you change the inputs.

Step 3

Choose a preset to load an example, then adjust the values for your situation.

Worked Examples

Example calculations

See the inputs and their calculated results.

Low-Cost Property

Monthly Rent ($): 1,200; Property Price ($): 150,000; Annual Property Taxes ($): 2,000; Annual Insurance ($): 1,000; Annual Maintenance ($): 1,000; Annual Vacancy Rate (%): 5; Property Management Fee (%): 8; Monthly Mortgage Payment ($): 800; Other Monthly Expenses ($): 50

Annual Debt Service (Mortgage Payments) ($): 9,600; Annual Gross Rental Income ($): 14,400; Annual Vacancy Loss ($): 720; Gross Rental Yield (%): 21,600,000; Effective Gross Rental Income ($): 13,680; Annual Property Management Fees ($): 1,094.4; Total Annual Expenses ($): 5,694.4; Net Operating Income (NOI) ($): 7,985.6; Annual Cash Flow ($): -1,614.4; Cash on Cash Return (%): -2,421,600

Mid-Range Property

Monthly Rent ($): 2,000; Property Price ($): 300,000; Annual Property Taxes ($): 4,000; Annual Insurance ($): 1,500; Annual Maintenance ($): 2,000; Annual Vacancy Rate (%): 5; Property Management Fee (%): 10; Monthly Mortgage Payment ($): 1,500; Other Monthly Expenses ($): 100

Annual Debt Service (Mortgage Payments) ($): 18,000; Annual Gross Rental Income ($): 24,000; Annual Vacancy Loss ($): 1,200; Gross Rental Yield (%): 72,000,000; Effective Gross Rental Income ($): 22,800; Annual Property Management Fees ($): 2,280; Total Annual Expenses ($): 10,980; Net Operating Income (NOI) ($): 11,820; Annual Cash Flow ($): -6,180; Cash on Cash Return (%): -18,540,000

High-End Property

Monthly Rent ($): 3,500; Property Price ($): 500,000; Annual Property Taxes ($): 6,000; Annual Insurance ($): 2,500; Annual Maintenance ($): 3,000; Annual Vacancy Rate (%): 5; Property Management Fee (%): 10; Monthly Mortgage Payment ($): 2,500; Other Monthly Expenses ($): 150

Annual Debt Service (Mortgage Payments) ($): 30,000; Annual Gross Rental Income ($): 42,000; Annual Vacancy Loss ($): 2,100; Gross Rental Yield (%): 210,000,000; Effective Gross Rental Income ($): 39,900; Annual Property Management Fees ($): 3,990; Total Annual Expenses ($): 17,290; Net Operating Income (NOI) ($): 22,610; Annual Cash Flow ($): -7,390; Cash on Cash Return (%): -36,950,000

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Important

Treat this output as a planning estimate and confirm rates, tax rules, and contract terms before making financial decisions.