Author

Crystal Abing

Crystal Abing

Director of Content Marketing, RentRedi

Get paid faster. Manage less.

Rent collection, tenant screening, and maintenance requests, all handled automatically.

Try RentRedi Risk-Free

Share this post

How a Rental Property Calculator Works

How a Rental Property Calculator Works

How a Rental Property Calculator Works

If you’re a new or veteran investor then a rental property calculator is a must-have tool for your toolbox.

If you’re a new or veteran investor then a rental property calculator is a must-have tool for your toolbox.

rental property calculator blog hero image: Calculator and house toy

TL;DR

TL;DR

  • If you’re a new or veteran investor then a rental property calculator is a must-have tool for your toolbox.

If you’re a new or veteran investor then a rental property calculator is a must-have tool for your toolbox… find deals, run the numbers and make money with this spreadsheet! Included on this calculator is:

  • Income/ Expense

  • ROI

  • CAP RATE

  • Value at cap rate

What is a Rental Property Calculator?

A rental property calculator is a tool to help you quickly evaluate whether a real estate investment is a “deal” or not! 

For the rental property calculator shown below, you will fill in the blue boxes on the calculator of your subject rental numbers and take a look at the returns at the bottom.

Make sure to fill out all the appropriate income/expenses. This is a tool to help you quickly evaluate whether this is a “deal” or not! 

Get Started Here

Best Features to Look For

  • Income/ Expenses

  • Your NOI 

  • Cap Rate

  • Cash on Cash return

  • Monthly/ Yearly Cashflow

  • Property value at select Cap Rates

  • Amortization Schedule 

  • Rental property depreciation calculator

@investorchantz

Would you rather buy the first deal or the second one? #deals #foryou #income #money #agent

♬ Own Brand Freestyle – FelixThe1st & Dreya Mac

Benefits of Purchasing a Rental Property Calculator

  • Find out in minutes if a real estate investment property is a “Deal” or not!

  • Calculate return on investment

  • A new powerful tool for your toolbox!

  • Calculate cash flow

  • Easily look at current performance and “Proforma”

  • Calculate your profitability for rental property

How much is a rental property calculator?

Rental property calculators will range in price. However, RentRedi has a discount code for a Rental Property Calculator created by Chantz Ireland.

The price is already super affordable (only $25!) but using code RENTREDI you’ll get ANOTHER 20% off!

Why This Spreadsheet

“There are plenty of other calculators out there but this is the one I use to do all of my deals. It’s a tool for your toolbox to help make you a better investor and make more informed decisions. With the low cost of $20 (plus the RentRedi discount) and the ability to help you make tens of thousands (or not lose tens of thousands) it’s worth the 4 cups of coffee by a long shot!”

– Chantz Ireland, real estate investor

Get Started Here

About Chantz

Hi Guys! My name is Chantz Ireland and I am a long-term buy-and-hold investor in small and medium-size apartment buildings! 

I started 2020 with just 3 units bringing in just over $3,000 a month and ended the year with $40,000—$41K if you count my condo I live in Seattle)—plus a rental income of over $28,000/ month! 

My goal is to get to 100 units by the end of 2022. I am currently looking at a 76-unit package and multiple other deals weekly to get there! I hope this calculator helps you make more informed decisions! Feel free to reach out to me on any of my socials! Looking forward to talking with you! 

Connect with Chantz

How a Rental Property Calculator Works