Model income, loans, vacancy, reserves, and costs. Check NOI, cap rate, DSCR, and cash flow. Make smarter decisions with clear outputs and flexible assumptions.
| Item | Example Value |
|---|---|
| Purchase Price | $220,000.00 |
| Down Payment | $55,000.00 |
| Interest Rate | 5.90% |
| Loan Term | 30 Years |
| Monthly Rent | $2,400.00 |
| Other Income | $100.00 |
| Vacancy Rate | 6.00% |
| Annual Taxes | $3,000.00 |
| Annual Insurance | $1,100.00 |
| Annual Cash Flow | $5,215.90 |
| Cap Rate | 7.29% |
| Cash on Cash Return | 7.71% |
These values match the default assumptions already loaded in the form for quick testing.
Loan Amount
Loan Amount = Purchase Price − Down Payment
Gross Scheduled Income
Gross Scheduled Income = Monthly Rent + Other Monthly Income
Vacancy Loss
Vacancy Loss = Gross Scheduled Income × Vacancy Rate
Effective Gross Income
Effective Gross Income = Gross Scheduled Income − Vacancy Loss
Operating Expenses
Operating Expenses = Taxes + Insurance + HOA + Utilities + Reserves + Advertising + Miscellaneous
NOI
NOI = Effective Gross Income − Operating Expenses
Monthly Cash Flow
Monthly Cash Flow = NOI − Monthly Debt Service
Cap Rate
Cap Rate = Annual NOI ÷ Total Project Cost × 100
Cash on Cash Return
Cash on Cash Return = Annual Cash Flow ÷ Cash Invested × 100
DSCR
DSCR = Annual NOI ÷ Annual Debt Service
It estimates rental property cash flow using income, vacancy, financing, reserves, and recurring expenses. It also shows cap rate, cash on cash return, DSCR, and break-even occupancy.
NOI excludes mortgage payments and focuses on property operations. Cash flow subtracts debt service from NOI, showing the money left after both expenses and financing.
Yes. Maintenance and capital expenditure reserves help model real ownership costs. Leaving them out can make a property look stronger than it really is.
Many investors and lenders prefer a DSCR above 1.20. Higher values generally mean the property has more income cushion relative to annual debt obligations.
No. Cap rate is based on NOI and property cost basis. It helps compare assets before loan structure changes the final cash flow.
It shows how much occupancy the property needs to cover operating expenses and debt service. Lower break-even occupancy usually indicates a safer income profile.
Yes. Run each property with consistent assumptions, then compare annual cash flow, cap rate, DSCR, expense ratio, and cash invested to rank opportunities.
This version focuses on operating cash flow and financing. It does not estimate appreciation, depreciation, tax strategy, or sale proceeds.
Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.