CALCULATOR COLLECTION

Free Rental Property Calculators

Calculate rental cash flow, operating performance, financing coverage and investment returns with editable assumptions.

Start with a complete property analysis

Use the rental property cash-flow calculator for a detailed purchase, financing, income, expense and future-sale projection. To import listing information, compare properties and apply focused calculations from one worksheet, open the Real Estate Deal Analyzer.

Choose a focused rental calculator

Rental Property Cash FlowProject monthly and annual cash flow, NOI, cap rate, cash-on-cash return, IRR and sale proceeds. Short-Term Rental ProfitEstimate occupancy, nightly revenue, platform fees, turnover costs and operating profit. Cap RateCalculate net operating income and capitalization rate before financing. Cash-on-Cash ReturnMeasure annual pre-tax cash flow against the cash invested. Required RentFind the rent needed to reach a target monthly cash flow. Break-even OccupancyFind the occupied percentage needed to cover operating costs and debt service. Gross Rent MultiplierCompare purchase price with annual gross rent. One Percent RuleUse a quick rent-to-acquisition-cost screening calculation. Rent IncreaseCalculate a proposed rent change and its annual effect. Vacancy CostEstimate lost rent and carrying costs during an empty period. Tenant Turnover CostPlan vacancy, cleaning, repairs and leasing costs between occupants. Operating Expense RatioMeasure operating expenses as a share of effective rental income. Gross Rental YieldCompare annual rent with total property acquisition cost. BRRRR InvestmentModel purchase, rehabilitation, rent, refinance and remaining cash invested. Rental Property DSCRCompare annual net operating income with annual debt service.

Which result answers which question?

Cash flow: estimated income remaining after operating costs and mortgage payments.
NOI: property income after operating expenses but before financing and income tax.
Cap rate: NOI divided by property value or purchase price.
Cash-on-cash return: annual pre-tax cash flow divided by cash invested.
DSCR: NOI divided by annual debt service.
IRR: an annualized return that incorporates the timing of projected cash flows and sale proceeds.

Rental-property guides and free resources

See how to calculate rental property cash flow, compare cap rate, cash-on-cash return and IRR, or review which expenses belong in NOI. You can also download the rental income and expense tracker, rent-roll and lease tracker, and annual property budget.