Rental Property Calculator

In the world of real estate investment, making informed decisions is paramount. Whether you're a seasoned investor or just dipping your toes into the rental property market, understanding the financial aspects of your potential investment is crucial. That's where our Rental Property Calculator comes into play.

This powerful tool is designed to simplify the often complex and time-consuming process of evaluating rental properties. It's your trusted companion for crunching the numbers, estimating potential returns, and determining the feasibility of your investment. 

Here's a brief overview of what makes our Rental Property Calculator a must-have for anyone interested in real estate:

Crunching the Numbers Made Easy

Investing in rental properties involves a multitude of financial variables, from purchase price and mortgage rates to rental income and property expenses. 

Our calculator effortlessly handles these complexities, making it accessible to both newcomers and experienced investors.

Key Features

• Property Analysis: Input essential property details like purchase price, down payment, interest rate, property taxes, and insurance costs. Our calculator will calculate your monthly expenses accurately.

• Rental Income: Estimate your rental income by entering the expected monthly rent, vacancy rate, and Repair Rates. This feature allows you to project your rental income.

• Cash Flow Projections: Cash flow is the lifeblood of rental property investments. Our tool generates detailed projections that account for both income and expenses, helping you understand the potential profit or loss.

• ROI and Cap Rate Calculation: These crucial metrics are automatically calculated, providing insights into the investment's profitability and risk.

Investor Cash Flow Loan Program 

Credit scores starting at 680.

Up to 80% LTV

• Loans up to $1.5 million, Minimum loan of $75,000
• Qualification based on property cash flow
• No personal income or employment information required
• Properties can be in LLC’s name
• No limit on the total number of properties
• The borrower must own a primary residence or have a current history of owning investment properties.
• Purchase and cash-out or rate-term refinance
• For loan amounts greater than or equal to $1,500,000, a borrower-paid second appraisal must be obtained.

 APPLY NOW

What is DSCR Calculation? 

The debt service coverage ratio (DSCR) is a ratio of a property's cash flow to its annual mortgage debt. This includes principal, interest, taxes, insurance, and HOA fees in the mortgage debt. 

The ratio is calculated by taking the expected rental payment and dividing it by the annual mortgage debt RDP (Rent Divided PITIA= DSCR).

Example Rent Divided PITIA (RDP)
$1100 Rent / $1000 PITIA = 1.10% DSCR Positive Cash Flow
$1100 Rent / $1100 PITIA = 1.00% DSCR 1 to 1 Break Even
$1000 Rent / $1100 PITIA = .90% DSCR Negative Cash Flow 

Is personal income required to qualify for an Investor Cash Flow loan?

No personal income is required to qualify. This saves you from submitting complicated income statements and tax returns.

 Read our Blogs about  

Can I get a mortgage for an investment property?

 Yes, utilizing our Investor Cash Flow product allows for cash flow on the property to be used to qualify for the loan. No tax returns or employment information is required.