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Rental cash-flow calculator.
Estimate monthly cash flow and cash-on-cash return after vacancy, expenses, reserves, and loan payments.
Your deal, in focus
See how the numbers move.
Adjust the assumptions to explore your deal. Your estimate updates as you go.
Loan amount equals purchase price times LTV. Management uses rent collected after vacancy; repairs and capital reserves use scheduled gross rent. NOI excludes debt service and capital reserves; cash flow deducts both. Initial cash includes down payment, closing, repairs, and initial reserves. Reserves are committed capital, not a second monthly expense.
Use nonnegative figures. Financing shares and rental expense allowances cannot exceed 100%. Loan limits depend on the value or cost basis shown beside each field.
Assumptions behind this estimate
Loan amount equals purchase price times LTV. Management uses rent collected after vacancy; repairs and capital reserves use scheduled gross rent. NOI excludes debt service and capital reserves; cash flow deducts both. Initial cash includes down payment, closing, repairs, and initial reserves. Reserves are committed capital, not a second monthly expense.
Monthly cash flow
Estimate only, based on the figures you entered. Not a quote, an approval, an appraisal or a commitment to lend, and subject to underwriting.
Cash flow includes vacancy, operating expenses, capital reserves, and debt payments. Returns are before income tax and appreciation. This cash-flow model does not establish loan eligibility.
LOOK A LITTLE CLOSER
Make the numbers work for you.
Compare alternatives, check the downside, and pick up where you left off.
What drives this result?
LTV sets your modeled loan and down payment. Cash flow then depends on rent remaining after vacancy, operating costs, reserves, and debt payments. This tool does not size a lender-approved loan.
Compare scenarios and stress-test
Keep a baseline, then change the calculator inputs above to compare a different price, budget, or LTV. Stress tests are previews until you choose to use them.
Save and revisit a deal
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Get terms on this deal
Estimate only, based on the figures you entered. Not a quote, an approval, an appraisal or a commitment to lend, and subject to underwriting.
This sends the numbers above straight to me for a person to underwrite. You get an initial written response in 24 to 48 hours, and a straight answer either way. Terms, if offered, are subject to underwriting and approval.
How to read it
What the number means.
Set the purchase price and LTV to calculate the loan, then enter the rent and operating assumptions. Monthly cash flow deducts vacancy, management, repairs, capital reserves, taxes, insurance, HOA, other expenses, and principal and interest.
Management is based on rent collected after vacancy. Repairs and capital replacement reserves are based on scheduled rent. Initial cash invested includes the down payment, purchase closing costs, initial repairs, and initial reserves. This is an acquisition model, not the return on an existing property’s current equity.
Questions
Understanding your results.
Can I send these numbers for review?
Yes. Use the application button to carry your assumptions and estimate into a deal submission, or request a PDF. All results are planning estimates subject to underwriting.
How is this different from DSCR?
DSCR screens rental income against the loan payment. Cash flow also considers vacancy, repairs, management, and capital reserves.
What does cash-on-cash return mean?
Annual cash flow divided by the initial cash invested. Appreciation, principal paydown, and income taxes are not included.
Can I model a cash purchase?
Yes. Set LTV to zero. Loan payments become zero, and the full purchase price is part of your initial cash invested.
Method
Where these numbers come from.
Other tools
The rest of them.
Maximum offer calculator, Cash-out refinance calculator, Hard money loan calculator, Fix and flip calculator, ARV calculator, BRRRR calculator, DSCR calculator, Rehab cost calculator, Construction loan calculator, Rental portfolio calculator, Transactional funding calculator.
This is an estimating tool. It runs arithmetic on the figures you enter using the assumptions stated above, and changing an assumption changes the answer. The result is not a quote, an approval, an appraisal, a valuation, or a prediction of what a property will sell for, and it does not commit anyone to lend. Costs, taxes and market conditions vary by location and change over time. Check the numbers that matter against your own contractor, agent and professional advisers before you commit to a deal.
When the numbers work
Get it underwritten.
A calculator cannot see your property. Estimate only, based on the figures you entered. Not a quote, an approval, an appraisal or a commitment to lend, and subject to underwriting. Send the deal and a person reads it: you get an initial written response in 24 to 48 hours, and a straight answer either way. Terms, if offered, are subject to underwriting and approval. No credit pull to get an answer.