Rental Property Calculator

Estimate cash flow, cap rate, cash-on-cash return, and GRM for rental properties. Enter purchase price, rent, and expenses.

Use the Rental Property Calculator

Enter purchase price, financing, rent, and expenses. Cash flow, cap rate, and cash-on-cash return are calculated.

Property & financing

Purchase price, down payment, loan terms.

Income & expenses

Monthly rent, vacancy, operating costs.

Results

Monthly payment
$1,517
Monthly cash flow
$158
Annual NOI
$20,100
Cap rate
6.7%
Cash-on-cash return
3.16%
Gross rent multiplier
10.0

NOI = effective rent − operating expenses. Cap rate = annual NOI ÷ purchase price. Cash-on-cash = annual cash flow ÷ down payment.

How this calculator works

Enter purchase price, down payment, loan terms, monthly rent, vacancy, and operating expenses. Monthly payment, cash flow, NOI, cap rate, cash-on-cash, and GRM are calculated.

How to interpret your results

Positive cash flow means rent covers costs. Cap rate helps compare properties. Cash-on-cash shows return on your money. GRM = price ÷ annual rent; lower can mean better value.

FAQs

What is cap rate?
Cap rate = annual NOI ÷ purchase price. Higher cap rate often means higher risk or lower growth. Compare to similar properties.
What is cash-on-cash return?
Annual cash flow ÷ total cash invested (down payment). Shows return on your out-of-pocket investment.
What is NOI?
Net Operating Income = effective rent minus operating expenses (tax, insurance, maintenance, etc.). Excludes mortgage.

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Rental Property Calculator

Estimate cash flow, cap rate, cash-on-cash return, and GRM for rental properties. Enter purchase price, rent, and expenses.

Use the Rental Property Calculator

Enter purchase price, financing, rent, and expenses. Cash flow, cap rate, and cash-on-cash return are calculated.

Property & financing

Purchase price, down payment, loan terms.

Income & expenses

Monthly rent, vacancy, operating costs.

Results

Monthly payment
$1,517
Monthly cash flow
$158
Annual NOI
$20,100
Cap rate
6.7%
Cash-on-cash return
3.16%
Gross rent multiplier
10.0

NOI = effective rent − operating expenses. Cap rate = annual NOI ÷ purchase price. Cash-on-cash = annual cash flow ÷ down payment.

How this calculator works

Enter purchase price, down payment, loan terms, monthly rent, vacancy, and operating expenses. Monthly payment, cash flow, NOI, cap rate, cash-on-cash, and GRM are calculated.

How to interpret your results

Positive cash flow means rent covers costs. Cap rate helps compare properties. Cash-on-cash shows return on your money. GRM = price ÷ annual rent; lower can mean better value.

FAQs

What is cap rate?
Cap rate = annual NOI ÷ purchase price. Higher cap rate often means higher risk or lower growth. Compare to similar properties.
What is cash-on-cash return?
Annual cash flow ÷ total cash invested (down payment). Shows return on your out-of-pocket investment.
What is NOI?
Net Operating Income = effective rent minus operating expenses (tax, insurance, maintenance, etc.). Excludes mortgage.

Related tools