Does this rental make money?

Type the numbers from the listing. You get monthly cash flow after every cost, the return on the cash you put in, and the rent you need to break even. Your numbers stay on this device.

Price

Monthly rent

Down payment

Loan rate

Costs (sensible defaults filled in)

Loan years

Closing + repairs

Property tax / yr

Insurance / yr

HOA / month

Utilities you pay / month

Vacancy

% of rent

Repairs

% of rent

Big-ticket savings

% of rent

Management

% of rent

Cash flow / month

Cash-on-cash return

Cap rate

Break-even rent

Run your rentals from one file

The Rental Property Manager (Excel and Google Sheets) keeps the rent roll with early and late payments, expenses per property, late fees, cash-on-cash per property and a monthly cash-flow chart.

See the Rental Property Manager

What the numbers mean

Cash flow = rent minus vacancy, repairs, big-ticket savings (roof, HVAC, water heater), management, tax, insurance, HOA, utilities and the loan payment. Cash-on-cash = yearly cash flow / cash you put in (down payment + closing and repairs). Cap rate = yearly income after costs but before the loan / price; it compares properties no matter how they are financed. Break-even rent is the rent where cash flow is $0. The 1% rule (monthly rent at least 1% of price) is a quick first filter, not a verdict. Not financial advice.