Rental Property Cash Flow Calculator

Calculate monthly cash flow, cap rate, cash-on-cash return, and GRM for any rental property.

Property & Financing

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Income & Expenses

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Results

Monthly Cash Flow
after all expenses
Annual Cash Flow
per year
Cash-on-Cash Return
cash ROI on down payment
Cap Rate
NOI / purchase price
Gross Rent Multiplier
lower = better value
Total Cash Invested
down + closing + rehab
Monthly Mortgage (P&I)
principal + interest
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Cash Flow = Effective Gross Income − All Operating Expenses − Mortgage Payment. Positive = profit, negative = you're covering the gap each month.

Cash-on-Cash Return = Annual Cash Flow ÷ Total Cash Invested. A 8%+ CoC is generally considered strong in most markets.

Cap Rate = Net Operating Income (before mortgage) ÷ Purchase Price. Used to compare properties independent of financing. Market cap rates typically range 4%–10%.

Gross Rent Multiplier (GRM) = Purchase Price ÷ Annual Gross Rent. Lower values indicate better value. Typical range: 6–12×.

50% Rule (quick estimate): Operating expenses on a rental typically run ~50% of gross rent. If expenses exceed this, scrutinize carefully.

⚠️ For planning purposes only. Does not include depreciation tax benefits, appreciation, or principal paydown. Actual results depend on local market conditions and property management quality.