Rental Property Calculator
Monthly cash flow and key rental metrics.
Your result
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Enter your numbers to see the result.
This rental property calculator checks whether a rental pays its way. Enter the price, financing, rent and running costs, and it shows the monthly cash flow after the mortgage, net operating income (NOI), cap rate, cash-on-cash return, gross rental yield, debt service coverage ratio (DSCR) and the quick 1% rule check, in any of eight currencies.
What is a Rental Property Calculator?
A rental property makes money when the rent covers the mortgage and all running costs with something left over. Investors judge properties with a few standard numbers: monthly cash flow, net operating income (NOI), cap rate, cash-on-cash return and rental yield.
In India and the UK, rental yield (yearly rent as a share of price) is the usual quick measure; in the US, cap rate and the 1% rule are common screens. This rental property calculator shows all of them in one place so you can compare properties quickly.
How does the Rental Property Calculator work?
Effective rent is the yearly rent minus vacancy. Operating costs are property tax, insurance, HOA fees and maintenance and management as a share of rent. NOI is effective rent minus operating costs; cash flow is NOI minus mortgage payments. Cap rate is NOI divided by price, cash-on-cash is cash flow divided by the cash you invested, and DSCR is NOI divided by yearly mortgage payments.
How to use the Rental Property Calculator step by step
- Choose your currency.
- Enter the price, down payment and closing costs.
- Enter the mortgage rate and term.
- Enter the rent and vacancy.
- Enter tax, insurance, fees, maintenance and management.
- Read the cash flow and metrics.
Rental Property Calculator example with real numbers
An investor is looking at a $280,000 house that rents for $2,600 a month, with 25% down and a 6.75% mortgage.
| Example input | Value |
|---|---|
| Property | $280,000 with 25% down at 6.75% |
| Rent | $2,600 a month, 5% vacancy |
| Costs | Tax $3,400, insurance $1,500, 8% maintenance, 8% management |
| Example output | Value |
|---|---|
| Monthly cash flow | $284 |
| Net operating income (yearly) | $19,748 |
| Cap rate | 7.05% |
| Cash-on-cash return | 4.36% |
| Gross rental yield | 11.14% |
| Net rental yield | 7.05% |
| Debt service coverage (DSCR) | 1.21 |
| 1% rule (rent ÷ price) | 0.93% (below 1%) |
| Break-even occupancy | 84.1% |
The rental property calculator shows a monthly cash flow of $284, a cap rate of 7.05% and a cash-on-cash return of 4.36%.
Key features of this Rental Property Calculator
- Monthly cash flow
- Cap rate and NOI
- Cash-on-cash return
- Gross and net yield
- DSCR, 1% rule and break-even occupancy
Who should use the Rental Property Calculator?
Who is this Rental Property Calculator for?
- Landlords
- First-time property investors
- NRI investors buying in India
- Real estate agents
Practical use cases
- Screening listings
- Setting a maximum offer price
- Checking if rent covers costs
- Comparing properties in different cities
Key benefits
- All metrics: one screen.
- Global: 8 currencies.
- Practical: break-even occupancy.
- Private: runs in your browser.
Tips for better results
- Use market rent from similar listings, not the seller’s estimate.
- Keep 5% to 10% of rent for maintenance even on newer homes.
- Check local landlord rules and taxes.
- Compare net yield with fixed deposit or bond yields.
Common mistakes to avoid
- Ignoring vacancy and maintenance.
- Using gross yield to compare with bank interest.
- Forgetting HOA or society fees.
- Counting on appreciation to fix negative cash flow.
Limitations of this Rental Property Calculator
- A one-year snapshot; use the investment calculator for multi-year returns.
- Taxes are not included.
- Costs are estimates.
Rental Property Calculator vs other ways to calculate
| Metric | Common rule of thumb |
|---|---|
| Cap rate | 5% to 10% depending on market |
| Cash-on-cash | 8% or more for many investors |
| DSCR | 1.2 or more for lenders |
| Gross yield (India) | Often 2% to 4% in big cities |
For returns over your whole holding period, use the real estate investment calculator. To decide between renting and buying a home, try the rent vs buy calculator.
Privacy and data handling
This Rental Property 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.
Rental Property Calculator FAQs
How do I calculate rental yield?
Gross yield = yearly rent ÷ price × 100. Net yield uses rent after costs.
What is a good cap rate?
Often 5% to 10%, depending on the market and risk.
What is cash-on-cash return?
Yearly cash flow after the mortgage divided by the cash you invested.
What is the 1% rule?
A quick screen: monthly rent should be at least 1% of the price.
What is DSCR?
Debt service coverage ratio: NOI divided by mortgage payments. Lenders often want 1.2 or more.
Can I use it for an Indian flat?
Yes. Choose INR and enter society maintenance as monthly fees.
Related tools
Sources and references
We checked the method and the current figures used in this Rental Property Calculator against these official and primary sources:
- U.S. Department of Housing and Urban Development
- HUD: Fair market rents
- National Housing Bank
- CFA Institute
Written and reviewed by the Qorico Team
