Rental Property Report
Property Information
Purchase Details
Financing Details
Rental Income
Expenses
Maintenance, vacancy, capital expenditures, and management fees are expressed as percentages of gross monthly income.
Run a Full Rental Analysis
Before You Commit Buying a rental property is not just about the purchase price. You need to understand income, financing, recurring expenses, and how the property performs over time. This rental property calculator helps investors break those moving parts into one clear analysis so they can compare deals with more confidence.
Whether you are reviewing a single-family rental, a small multifamily opportunity, or a property that needs light rehab before leasing, this calculator gives you a practical framework for underwriting the deal from day one.
How to Use the Rental Property Calculator
Enter Property Details
Input your property price, loan terms, and rental income information.
Calculate Your Returns
Click calculate to see cash flow, cap rate, and ROI instantry.
Review Your Results
Analyse the investment dections, nake informed
Easily see if your rental property is a smart investment
Core Rental Property Formulas
Monthly Cash Flow Formula: Cash Flow = Rental Income – Operating Expenses – Debt Service
- Rental Income includes base rent, and additional income like laundry, pet fees, parking, etc.
- Operating Expenses add taxes, insurance, repairs, maintenance, vacancy, management fees, utilities, HOA fees, etc.
- Debt Service is the annual mortgage payment (principall + interest)
It is worth pointing out that most rental property calculators can easily accommoda the formula
Total Income Formula: Total Income = Base Rent + Other Income
- Other Income includes laundry, parking, pet rent, utility reimbursements, storage, late fees, etc.
Vacancy-Adjusted Income Formula: Effective Gross Income (EGI) = Gross Potential Rent + Other Income – Vacancy Loss – Credit Loss
- Considers vacancy loss and unpaid rent, giving a realistic number you vecant.
Total Cash Needed Formula: Total Cash Needed = Down Payment + Closing Costs + Rehab Costs + Initial Reserves + Other Upfront Costs
Total Operating Expenses Formula: Total Operating Expenses = Taxes + Insurance + Repairs + Maintenance + Vacancy + Management + Utilities + HOA + Custom Expenses
- Variants: Purchase Cap Rate = Year 1 NOI = Purchase Price = and
- Pro Forma Cap Rate = Stabilized NOI = Total Project Cost = Purchase = Sabilized NOI = Total Projectos
Rental Property Formula Example
For this example, we are going to use a property with monthly rent of $2,000, operating expenses of $600 per month, a mortgage payment of $600 per month, a purchase price of $250,000, and total cash invested of $50,000
Cash Flow = ($2,000 + $200) – $600 – $900 = $700 per month
Effective Gross Income z = ($2000 * 12 + $200 * 12) – ($2,200 * 5%) = $24,120 per year
Total Cash Needed = $50,000 + $5,000 + $5,000 + $5,000 + $0 = $65,000
Cap Rate = $16,120 = $250,000 * 100 = 6.45%
Cash-on-Cash Return = $700 * 12 = $65,000 × 100 = 12.9%
These formulas and metrics allow you to analyze both current period returns and project long-term income, experises, and property growth.