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!