Rental Property Calculator
Explore a five-year rental projection using your own rent, expense, financing and investment assumptions.
How this estimate works
Effective rent deducts vacancy and collection loss. Management fees apply to effective rent. Net operating income deducts operating expenses, including the Year 1 leasing fee; cash flow then deducts debt service.
Cash-on-cash return is annual cash flow divided by actual cash invested. Include your down payment, closing costs, initial improvements and initial reserves. A zero investment shows the return as unavailable.
The projection assumes one leasing fee in Year 1, constant vacancy and management percentages, annual rent and expense changes as entered, and constant debt service. It excludes appreciation, sale proceeds, income tax, depreciation, principal-equity gains and unentered capital spending.
Estimates are not financial advice or a guarantee of returns. Review the assumptions with your financial and tax professionals.