Real Estate Investment Calculator
Long-term return on a rental property.
Your result
—
Enter your numbers to see the result.
This real estate investment calculator projects a rental property over your holding period. It grows rent and expenses each year, subtracts loan payments, adds the sale price after appreciation and selling costs, and works out the internal rate of return (IRR), total profit, equity multiple and first-year cash-on-cash return, in any of eight currencies.
What is a Real Estate Investment Calculator?
Real estate investors earn returns in several ways: rental cash flow, paying down the mortgage with tenants’ rent, and appreciation of the property’s value. Looking only at the first year’s cash flow misses most of the picture.
The internal rate of return (IRR) combines all of these into one annual rate, accounting for when each dollar arrives. This real estate investment calculator projects the property year by year, includes the sale at the end, and shows the IRR alongside total profit and the equity multiple.
How does the Real Estate Investment Calculator work?
Each year, gross rent grows at your growth rate. Vacancy, fixed costs (also growing) and maintenance and management are subtracted to get net operating income (NOI). Mortgage payments are subtracted to get cash flow. At the end, the property is sold at the appreciated price minus selling costs and the remaining loan. The IRR is the rate that makes the present value of all these cash flows equal to your initial investment.
How to use the Real Estate Investment Calculator step by step
- Choose your currency and enter the price, down payment and closing costs.
- Enter the mortgage rate and term.
- Enter rent, vacancy and costs.
- Set rent growth and appreciation.
- Choose how many years you hold and the selling costs.
- Read the IRR, profit and yearly projection.
Real Estate Investment Calculator example with real numbers
An investor buys a $300,000 single-family rental with 20% down and $9,000 in closing costs and repairs. Rent is $2,400 a month. She plans to hold for 10 years.
| Example input | Value |
|---|---|
| Property | $300,000, 20% down, 6.75% for 30 years |
| Rent | $2,400 a month, 5% vacancy |
| Costs | $6,600 a year fixed + 15% of rent |
| Growth | 3% rent and 3% appreciation, sold after 10 years |
| Example output | Value |
|---|---|
| Internal rate of return (IRR) | 9.47% |
| Cash invested (down + closing) | $69,000 |
| Total cash flow from rent | $1,670 |
| Sale price after 10 years | $403,175 |
| Net sale proceeds (after costs and loan) | $174,262 |
| Equity multiple | 2.55× |
| Year-1 cash-on-cash return | -3.25% |
| Year-1 cap rate | 5.48% |
| Monthly loan payment | $1,557 |
Rental cash flow is thin at first (year-1 cash-on-cash return of -3.25%), but loan paydown and appreciation lift the result: the real estate investment calculator shows an IRR of 9.47% and an equity multiple of 2.55×.
Key features of this Real Estate Investment Calculator
- Full hold-period projection
- IRR and equity multiple
- Mortgage paydown
- Sale with selling costs
- 8 currencies
Who should use the Real Estate Investment Calculator?
Who is this Real Estate Investment Calculator for?
- Buy-and-hold investors
- First-time landlords
- Real estate agents advising investors
- Students of property finance
Practical use cases
- Evaluating a rental purchase
- Comparing two properties
- Testing different down payments
- Seeing the effect of appreciation
Key benefits
- Complete: cash flow, paydown and sale.
- Professional: IRR and multiple.
- Transparent: yearly table.
- Private: runs in your browser.
Tips for better results
- Stress-test with 0% appreciation.
- Use realistic vacancy and maintenance figures.
- Include capital expenses such as roofs and appliances.
- Compare the IRR with what you could earn in index funds.
Common mistakes to avoid
- Assuming high appreciation every year.
- Leaving out vacancy and maintenance.
- Ignoring selling costs.
- Looking only at cash-on-cash return.
Limitations of this Real Estate Investment Calculator
- Taxes and depreciation are not included.
- Rates and growth are constant.
- Refinancing is not modelled.
Real Estate Investment Calculator vs other ways to calculate
| Metric | What it measures |
|---|---|
| Cap rate | NOI ÷ price, ignores financing |
| Cash-on-cash | Year-1 cash flow ÷ cash invested |
| IRR | Annual return over the whole hold |
| Equity multiple | Total cash back ÷ cash invested |
For a quick monthly cash-flow check, use the rental property calculator. For uneven cash flows in general, try the NPV and IRR calculator.
Privacy and data handling
This Real Estate Investment Calculator runs entirely in your browser. The numbers you type are not sent to Qorico or stored on any server, and nothing is saved after you close the page. The Copy and Download buttons create the result on your own device. If the page has analytics turned on, it may count that a calculation happened, but it does not record the values you entered.
Real Estate Investment Calculator FAQs
What is a good IRR for rental property?
Many investors look for 10% or more, but it depends on risk, location and alternatives.
What is an equity multiple?
Total cash you get back divided by the cash you put in.
What is cash-on-cash return?
Yearly cash flow divided by the cash you invested.
What is cap rate?
Net operating income divided by the purchase price.
Does the calculator include taxes?
No. Income tax, depreciation and capital gains tax are not included.
Can I use it for property in India?
Yes. Choose INR; set appreciation, rent growth and costs for your city.
Related tools
Sources and references
We checked the method and the current figures used in this Real Estate Investment Calculator against these official and primary sources:
- U.S. Department of Housing and Urban Development
- CFA Institute
- Investor.gov: Real estate investment trusts and real estate
- U.S. Small Business Administration
Written and reviewed by the Qorico Team
