Rental Property Calculator
Calculate rental property ROI, monthly cash flow, and key investment metrics.
Monthly Cash Flow
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Annual Cash Flow
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Cap Rate
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Cash-on-Cash Return
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Monthly Mortgage Payment
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Net Operating Income
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Total Monthly Expenses
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Key Investment Metrics
- Cash Flow: Rental income minus all expenses (mortgage, taxes, insurance, maintenance, vacancy).
- Cap Rate: Net Operating Income / Purchase Price. Measures property return independent of financing.
- Cash-on-Cash Return: Annual cash flow / Total cash invested. Measures return on your actual cash investment.
- NOI: Annual rental income minus operating expenses (excludes mortgage payments).
Frequently Asked Questions
What is a good cap rate?
A good cap rate typically ranges from 4-10%, depending on the market and property type. Higher cap rates indicate higher potential returns but may also come with higher risk.
What is the 1% rule?
The 1% rule suggests that monthly rent should be at least 1% of the purchase price. For example, a $200,000 property should rent for at least $2,000/month. This is a quick screening tool, not a definitive analysis.