Rental Property Calculator
Analyze rental property investments with detailed cash flow projections, ROI calculations, and year-by-year analysis.
Finance the purchase with a mortgage
Enter Property Details
Fill out the property purchase details, expected income, and expenses to analyze your rental investment.
Understanding Rental Property Investment
Key Investment Metrics
- Cash-on-Cash Return: Annual cash flow divided by total cash invested (target: 8%+)
- Cap Rate: Net operating income divided by purchase price (helps compare properties)
- Cash Flow: Income minus all expenses including mortgage (positive is essential)
- Vacancy Rate: Expected percentage of time property sits empty (typically 5-10%)
- 1% Rule: Monthly rent should be at least 1% of purchase price for good returns
Investment Strategies
- Buy below market value and force appreciation through renovations
- Focus on markets with strong job growth and population increases
- Screen tenants thoroughly to minimize vacancy and property damage
- Build cash reserves for unexpected repairs and vacancy periods
- Consider hiring property management if you can't self-manage effectively
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