Investment Calculator
Does this investment make sense?
Run the numbers before you make the move. Enter the purchase price, financing, rent and expenses to see estimated cash flow, cap rate, cash-on-cash return and DSCR.
Rental property calculator
Sample numbers are shown. Replace them with your own.
Results
Estimated monthly cash flow +$181. Cash-on-cash return 2.90%. Cap rate 6.71%.
Estimated Monthly Cash Flow
+$181
- Cash-on-Cash
- 2.90%
- Cap Rate
- 6.71%
- DSCR
- 1.12x
- Income covers payment
- Cash Invested
- $75,000
Loan Amount
$225,000
NOI / month
$1,678
Financing & Housing
- Loan Amount
- $225,000
- Principal & Interest
- $1,497
- Property Taxes / mo
- $450
- Insurance / mo
- $300
- HOA / mo
- $0
- Total Monthly Housing Expense
- $2,247
Monthly Income
- Gross Monthly Rental Income
- $2,950
- Other Monthly Income
- $0
- Estimated Vacancy
- −$148
- Effective Monthly Income
- $2,803
Operating Expenses
- Taxes, Insurance & HOA
- $750
- Management Expense
- $224
- Maintenance
- $150
- Other Expenses
- $0
- Total Monthly Operating Expenses
- $1,124
- Annual NOI
- $20,140
Want to go deeper?
Learn to analyze any property, step by step.
This calculator is provided for educational and illustrative purposes only. Results are estimates and should not be considered financial, investment, mortgage, tax, or legal advice. Actual financing terms, expenses, income and investment performance may vary.
Understand the results
The numbers, in plain English.
Every result above comes from a handful of simple ideas. Here's what each one means.
- Cash Flow
- What's left each month after all expenses and the mortgage payment are paid. Positive cash flow means more is coming in than going out.
- NOINet Operating Income
- Income the property collects minus its operating expenses (taxes, insurance, HOA, management, maintenance and other costs). NOI does not include the mortgage payment.
- Cap RateCapitalization Rate
- Annual NOI divided by the purchase price. It shows the property's return before any financing, which makes it useful for comparing properties side by side.
- Cash-on-Cash Return
- Annual cash flow divided by the cash you actually put in (down payment plus any closing costs or repairs you enter). It shows what your invested cash is earning each year.
- DSCRDebt Service Coverage Ratio
- How many times the property's income covers its loan payment. Here it's NOI ÷ principal & interest. Above 1.00x means income covers the payment. Lenders may calculate it differently — many DSCR loan programs use rent ÷ the full payment including taxes, insurance and HOA.
- Operating Expenses
- The costs of owning and running the property — taxes, insurance, HOA, management, maintenance and other expenses. Does not include the mortgage payment.
- Vacancy
- An allowance for months the property sits empty or rent goes uncollected, applied here as a percentage of scheduled rent.
- LTVLoan-to-Value
- The loan amount as a percentage of the property's value. A $240,000 loan on a $300,000 property is 80% LTV. Lower LTV generally means more of your own money is in the deal.
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