Rental Property Calculator
Analyze buy-and-hold real estate deals. Estimate Cap Rates, Cash-on-Cash yields, Net Operating Income, and total holding period IRR.
Overall Net Profit: $136,668
Purchase & Financing Specs
Rental Income Parameters
Operating Expenses
Appreciation & Sale Settings
Real Estate Deal Evaluation Metrics
When purchasing residential or commercial properties to lease out, analyzing the financial metrics of the deal is critical. Experienced investors rely on a combination of different metrics to evaluate whether a property will produce a satisfactory return on their capital.
Core Metrics Explained
- Net Operating Income (NOI): Calculated as Gross Collected Rental Income minus Operating Expenses (excluding mortgage interest and principal paydowns). NOI measures a property\'s intrinsic profitability.
- Capitalization Rate (Cap Rate): Equal to Annual NOI divided by the Purchase Price. Useful for comparing similar asset classes across different neighborhoods.
- Cash-on-Cash Return: Equal to Annual Cash Flow (NOI minus Debt Service) divided by your Total Cash Outlay (down payment + closing costs + repair expenses). Tells you the cash yield on your cash investment.
- Internal Rate of Return (IRR): The gold standard for real estate yields. IRR accounts for the time-value of money, tracking year-over-year rental cash flows combined with mortgage balance paydowns and final appreciated resale proceeds.
How Rental Property Calculator Works
Our high-performance online utility runs entirely client-side, processing your requests securely and instantly inside your web browser. For related features, you can also use our Rental Yield and Finance tools.
Enter Property Details
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Add Rental Income
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Set Operating Expenses
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Cap Rate Calculator
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Cash on Cash Return
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Multi-Year IRR
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Monthly Cash Flow
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Investment Analysis Metrics
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Frequently Asked Questions About Rental Property
Is this rental property calculator free?
Yes. Calculate unlimited investment scenarios with no registration.
What's a good cap rate?
Cap rates above 6-8% are typically considered favorable for residential rentals.
Does this calculate IRR?
Yes. Get multi-year holding period IRR with appreciation modeling.
Do you store property data here?
No. All calculations run locally with complete privacy.