Real Estate ROI Calculator
Turn a listing into a return figure before you commit capital.
What This Calculator Does
Uses purchase price, down payment and closing costs, expected rental income, vacancy, monthly operating expenses, and loan terms to estimate the annual cash-on-cash return and cash flow for a rental property.
Who Is This For
Investors comparing multiple properties, current landlords reviewing a portfolio, and anyone deciding whether a rental purchase fits their investment goals.
How It Works
Enter the property's purchase price, down payment and closing costs, expected monthly rent, a vacancy rate, monthly operating expenses, and your loan terms to see the estimated cash-on-cash ROI and cash flow.
Frequently Asked Questions
What counts as a strong ROI for a rental?
What counts as strong varies by property type, financing, and risk tolerance; compare the calculated figure against your own required return rather than a single universal benchmark.
What expenses should I include?
Include property taxes, insurance, a maintenance reserve, property management fees if applicable, and any association dues in your operating expense estimate; leave vacancy out of that figure, since the vacancy rate field already deducts it from gross rent.
How does appreciation factor into ROI?
Appreciation can add to total return over a holding period, but this calculator reports cash-on-cash return only, so any appreciation would sit on top of the figure shown and should be treated as a projection, never a guaranteed outcome.
Does financing change my ROI?
Yes — using a mortgage can change your cash-on-cash return compared with an all-cash purchase; model both scenarios to see how leverage affects your specific numbers.