For rental owners and investors
Rental cash flow calculator
Run the numbers on a home you are buying or one you already own. Enter rent, financing and expenses, and the estimate updates as you type: monthly and annual cash flow, cash-on-cash return, net operating income and cap rate.
Estimates only. This calculator is for informational purposes and is not financial, tax, legal or lending advice. Actual rents, expenses, vacancy, financing and results vary. Confirm figures with your lender, insurance agent, tax professional and county records before making decisions.
How the numbers work
- Mortgage (P&I): for a new purchase, the standard monthly payment on the loan (price minus down payment) at your rate and term. For a home you own, enter your current principal and interest.
- Income: monthly rent plus other income, minus a vacancy allowance (rent × vacancy months ÷ 12).
- Expenses: P&I, property tax and insurance (annual ÷ 12), HOA, maintenance, utilities, other costs, the management fee (a % of monthly rent) and the tenant placement fee (a % of one month's rent, spread over 12 months).
- Cash flow: income minus expenses, per month and per year.
- Cash-on-cash return: annual cash flow ÷ cash invested (your down payment, or the equity you enter for a home you own). Closing costs and make-ready costs are not included unless you add them.
- NOI and cap rate: net operating income is annual income minus operating expenses, before the mortgage. Cap rate is NOI ÷ purchase price (new purchase only).
Want real numbers for your home?
A calculator is only as good as its inputs. We can look at your property, recommend a rent range based on comparable rentals and walk you through a personalized management proposal.
- ✓No markup on repairs: you pay exactly what the vendor charges.
- ✓Tenant screening, rent collection, top-priority emergency repairs and monthly owner reports
- ✓Local team serving Hoover and Greater Birmingham from our Pelham office
Learn more about our property management services.