Investor tools

Rental Property Report

One report for a rental you are considering: income, expenses, a capital reserve, financing, and conservative, base and optimistic scenarios side by side. Every input is tagged as an actual figure, your assumption or a market estimate, and the report can be shared as a link, downloaded as a spreadsheet or saved as a PDF.

The figures shown are example values. Replace them with your own; rates, taxes and insurance vary by lender, property and municipality.

Every input is tagged with where it comes from

Source: Actuala figure from a document such as a price sheet, lease, tax bill or lender quote.
Source: Assumptiona choice or judgment you make, such as down payment, vacancy or how long you hold.
Source: Estimatean estimate of a cost or value, such as insurance, comparable rents or value after renovation.

Results are calculated from these inputs. They are estimates, not quotes, appraisals or advice.

Purchase and financing

Purchase priceActual

Contract or asking price

Down paymentAssumption

Interest rateActual

From a lender quote

Loan termAssumption

years

Closing costs and initial repairsEstimate

Rental income

Where the rent figure comes from

Monthly rentEstimate

Other monthly incomeEstimate

Parking, laundry, storage

Vacancy allowanceAssumption

Operating expenses and reserves

Property taxes (yearly)Actual

From the current tax bill

Insurance (yearly)Estimate

Landlord policy quote or estimate

HOA or condo fee (monthly)Actual

Maintenance and repairsAssumption

% of rent

Property managementAssumption

% of income

Owner-paid utilities (monthly)Estimate

Capital reserveAssumption

% of rent

Roof, systems, appliances: set aside, below NOI

Conservative scenario

Conservative: rent changeAssumption

Conservative: vacancyAssumption

Conservative: rate changeAssumption

points

Conservative: expense changeAssumption

Optimistic scenario

Optimistic: rent changeAssumption

Optimistic: vacancyAssumption

Optimistic: rate changeAssumption

points

Optimistic: expense changeAssumption

Monthly cash flow after reserves

−$54

Cash flow before reserves: $66
Net operating income (yearly): $18,756
Cap rate: 6.3%
Cash-on-cash (after reserves): -0.8%
DSCR: 1.04×
Break-even occupancy: 92.2%
Cash invested: $84,000

Excludes income taxes, depreciation and appreciation. Cap rate and DSCR use NOI before the capital reserve, as lenders do.

Scenario comparison
Scenario	Rent (monthly)	Vacancy	Rate	Cash flow after reserves	NOI (yearly)	Cap rate	Cash-on-cash	DSCR
Conservative	$2,280	10%	8%	−$508	$15,160	5.1%	-7.3%	0.77×
Base case	$2,400	5%	7%	−$54	$18,756	6.3%	-0.8%	1.04×
Optimistic	$2,472	3%	6.5%	$139	$20,170	6.7%	2%	1.18×

Mortgage rate sensitivity
Interest rate	Monthly payment	Cash flow after reserves	DSCR
6%	$1,349	$94	1.16×
6.5%	$1,422	$21	1.10×
7%	$1,497	−$54	1.04×
7.5%	$1,573	−$130	0.99×
8%	$1,651	−$208	0.95×
8.5%	$1,730	−$287	0.90×
9%	$1,810	−$367	0.86×

Vacancy sensitivity (before reserves)
Vacancy	Vacant months / year	Cash flow (monthly)	DSCR	Cash-on-cash
0%	0.0	$186	1.12×	2.7%
5%	0.6	$66	1.04×	0.9%
8%	1.0	−$6	1.00×	-0.1%
10%	1.2	−$54	0.96×	-0.8%
15%	1.8	−$174	0.88×	-2.5%
20%	2.4	−$294	0.80×	-4.2%
25%	3.0	−$414	0.72×	-5.9%

How this is calculated

Income after vacancy (monthly)(Rent + other income) × (1 − vacancy %): $2,280
Net operating income (yearly)(Income after vacancy − operating expenses) × 12: $18,756
Cap rateNOI ÷ purchase price: 6.3%
DSCRNOI ÷ yearly mortgage payments: 1.04×
Capital reserve (monthly)Rent × reserve %: $120
Cash flow after reserves (monthly)NOI ÷ 12 − mortgage payment − capital reserve: −$54
Cash-on-cash return after reservesYearly cash flow after reserves ÷ (down payment + closing costs): -0.8%

Scenarios change rent, vacancy, the interest rate and expenses together. Expense changes scale taxes, insurance, fees, utilities and maintenance; management stays a share of income; the capital reserve stays a fixed dollar amount.

The link holds only the figures in this tool, in the web address. Nothing is saved on our servers, and no name or contact details are included. See our privacy policy.

Want us to check the rent and expense figures against comparable properties? Request an investment analysis.

Estimates for information only, not loan offers, appraisals or tax advice. Every input is checked against a stated range, and the formulas are shown under “How this is calculated”. More tools: all investor tools.

iNIAZ

Want a second set of eyes on a deal?

We will run the numbers with you, at no cost and with no obligation.

Investing with iNIAZ Request a Consultation