Rental Property Calculator
Before you buy that rental, know the numbers. This calculator shows cash flow, cap rate, cash-on-cash return, and total ROI — so you can tell a good deal from a money pit.
Rental Property ROI Calculator
Analyze cash flow, cap rate, and return on investment for rental properties
Expense Breakdown (Annual)
This calculator uses the standard amortization formula for mortgage payments. Expenses are estimated using common industry percentages. It does not include closing costs, HOA fees, capital expenditure reserves, or potential tax benefits. Consult a real estate professional for precise analysis.
Advertisement
Smart Budget Planning for Your Business
Track every dollar of your business income and expenses with a dynamic Google Sheets budget planner. Automated insights, interactive dashboard, and full history tracking.
Affiliate link — we earn a commission at no cost to you. We only recommend products we trust.
Frequently Asked Questions
What is a good cap rate for rental properties?+
A "good" cap rate is typically 5-10%, depending on the market. In high-cost areas (NYC, SF), 3-5% is common. In affordable markets (Midwest, South), 8-12% is achievable. Higher cap rate = higher return but often higher risk or less appreciation.
How do I calculate cash flow on a rental property?+
Monthly rent minus: mortgage payment (PITI), property management (8-12% of rent), maintenance reserve (5-10%), vacancy allowance (5-8%), insurance, property taxes, and HOA fees. Positive cash flow means the property pays you every month. Most investors target $200-500/month minimum.
What is cash-on-cash return?+
Cash-on-cash return = annual pre-tax cash flow ÷ total cash invested (down payment + closing costs + initial repairs). It measures how hard your invested cash is working. A 8-12% cash-on-cash return is considered good. Below 5% and you're better off in index funds.
What is a good cap rate for rental properties?
A "good" cap rate is typically 5-10%, depending on the market. In high-cost areas (NYC, SF), 3-5% is common. In affordable markets (Midwest, South), 8-12% is achievable. Higher cap rate = higher return but often higher risk or less appreciation.
Related Free Calculators
Rent vs. Buy Calculator
Should you rent or buy? This calculator factors in home price, rent, mortgage rate, property taxes, insurance, maintenance, opportunity cost, and appreciation to show which option wins for your specific situation.
House Flipping Calculator
Thinking about flipping a house? This calculator shows your total cost, expected profit, and ROI after purchase price, renovation costs, holding costs, and selling fees.
Rental Cash Flow Calculator
Positive cash flow is the whole point of rental investing. This calculator shows your monthly and annual cash flow after every expense — mortgage, taxes, insurance, management, vacancy, and maintenance.
Mortgage Payment Calculator
How much will your monthly mortgage payment be? This calculator shows principal and interest, property taxes, insurance, and total PITI — with an amortization schedule breakdown.
House Affordability Calculator
How much house can you actually afford? This calculator uses the 28/36 rule, your income, debts, and down payment to tell you the maximum home price you should consider.
Real Estate Agent Commission Calculator
Selling a home? This calculator shows exactly how much you'll pay in agent commissions, how it splits between listing and buyer agents, and your net proceeds after the sale.