Investment calculators

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USD · Estimates before tax

Buy & hold calculator

Estimate rental cash flow and the return on your initial investment.

Calculation method & assumptions

Cash flow is collected rent less operating expenses, reserves, and loan payments. Cash-on-cash return divides annual cash flow by initial cash invested. The mortgage uses fixed-rate, fully amortizing payments. Estimates exclude income taxes, appreciation, and changes in rates or revenue.

Purchase & setup

Purchase price

Purchase closing costs

Repairs & renovation

Financing

Fixed-rate, fully amortizing loan. Set down payment to 100% for a cash purchase.

Down payment

Annual interest rate

Loan term

Rental income

Monthly rent

Vacancy allowance

Operating expenses

Management and maintenance are percentages of collected rent (nightly revenue for short-term rentals).

Property taxes / year

Insurance / year

HOA / month

Owner-paid utilities / month

Other expenses / month

Property management

Maintenance allowance

Capital expenditure reserve

Cash set aside for major replacements. Deducted from cash flow, not NOI.

Your deal at a glance

Updates as you type

Purchase performance

Monthly cash flow

$28 After operating expenses, reserves, and financing

Annual cash flow: $333
Cash-on-cash return: 0.43%
Cap rate: 6.93%
Debt service coverage: 1.1
Rental income / month: $2,200
Vacancy allowance / month: $110
Net operating income / month: $1,443

Cash to close

Down payment: $62,500
Purchase closing costs: $5,000
Cash to close: $67,500
Repairs & renovation (cash): $10,000
Total initial investment: $77,500

Cash to close covers your purchase contribution and closing fees. Setup and renovation add to the initial investment.

Operating expenses

Per month

Property taxes: $250
Insurance: $125
HOA: $0
Utilities: $0
Other expenses: $0
Property management: $167
Maintenance: $105
Total operating expenses: $647
Capital reserves: $105
Loan payment (principal + interest): $1,311

Capital reserves and loan payments are deducted separately from net operating income.

How this estimate works

Cash flow is before income taxes. Appreciation, tax benefits, and future rent growth are excluded. NOI excludes debt payments and capital reserves.