Get email alerts for new off-market deals — curated drops, no spam.Get deal alerts via email
Calculate cash flow, cap rate, cash-on-cash return, and DSCR for buy-and-hold properties. Includes 10-year projections and pass/fail rule indicators.
First pass only. This rental screen uses your numbers. We do not assume loan terms, taxes beyond what you type, or capex events.
Rule-of-thumb set-aside, not a warranty bill.
Optional: match your local turnover.
Leave blank if you have not modeled financing yet.
Gross rental income is your total monthly rent plus any additional income (parking, laundry, etc.).
Operating expenses include vacancy allowance, property management, maintenance, CapEx reserves, insurance, property taxes, and HOA fees.
Net Operating Income (NOI) is gross income minus operating expenses (before debt service).
Cash flow is NOI minus mortgage payments. Positive cash flow means the property pays for itself.
Cash-on-cash return measures the annual pre-tax cash flow divided by the total cash invested. It's a key metric for comparing rental properties. Most investors target 8-12%.
Cap rates vary by market. Class A properties in major cities might have 3-5% cap rates, while Class C in secondary markets might offer 8-12%. Higher cap rates typically indicate higher risk.
The 1% rule states that monthly rent should be at least 1% of the purchase price. A $200,000 property should rent for $2,000+/month. This is a quick screening tool, not a guarantee of profitability.
Debt Service Coverage Ratio (DSCR) measures a property's ability to cover debt payments. It's calculated as NOI divided by annual debt service. Most lenders require 1.2x or higher.
Research comparable rentals in the area using rental listing sites, property management companies, or tools like Rentometer. Consider the property's condition, amenities, and location relative to comps.
Browse cash-flowing rental properties nationwide.
