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… 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! 

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

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

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

RentRedi Partners

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Easy, Affordable Insurance Solutions for Rental Property Owners

Steadily provides fast and convenient online quote estimates in minutes and connects with licensed landlord insurance experts. Get competitive rate options for many types of rental properties, which helps landlords access affordable coverage in 50 markets nationwide. Learn more.

Market Analysis Has Never Been Easier & More Affordable

BrightInvestor helps you find the best real estate markets, get MLS access, source off-market deals all in one place. Learn more.

Struggling To Find Good Landlord Insurance?

Honeycomb provides better coverage and clarity at a fraction of the cost. Get Property & Casualty insurance for landlords, PMs, & owners. Insurance reinvented! Learn more.

Protect Your Property—Without Increasing Operating Expenses

TheGuarantors provides two types of coverage in one simple solution: rent and deposit coverage which protects you from rent defaults, vacancies, lease breaks, damages, and more. Eliminate the need for co-signers and guarantors. TheGuarantors platform is free for landlords and affordable for renters! Learn more.

Easy, Affordable Insurance Solutions for Rental Property Owners

Steadily provides fast and convenient online quote estimates in minutes and connects with licensed landlord insurance experts. Learn more.

Market Analysis Has Never Been Easier & More Affordable

BrightInvestor helps you find the best real estate markets, get MLS access, source off-market deals all in one place. Learn more.

Struggling To Find Good Landlord Insurance?

Honeycomb provides better coverage and clarity at a fraction of the cost. Get Property & Casualty insurance for landlords. Learn more.

Protect Your Property—Without Increasing Operating Expenses

TheGuarantors provides rent and deposit coverage in one simple solution that protects you from rent defaults, lease breaks, and more. Learn more.