Rental Property Calculator
Analyze the cash flow and returns of investment properties with Canadian mortgage calculations.
Property Details
Mortgage
$
$110,00020%
5%50%
%
$
Legal, title insurance, land transfer, etc.Income
$/mo
$/mo
3%
0%15%
Gross Monthly Rent$3,300
Operating Expenses
$/yr
$/mo
$/mo
5%
0%15%
Self-managed0%
0%15%
Analysis
Net Operating Income (NOI)
Gross Annual Rent$39,600
Less: Vacancy (3.00%)-$1,188
Effective Gross Income$38,412
Less: Operating Expenses-$14,080
Net Operating Income$24,332
Expense Breakdown
Property Taxes$4,500
Insurance$2,200
Maintenance$1,980
Management$0
Utilities$5,400
Total Operating Expenses$14,080
Mortgage
Mortgage Amount$440,000
Monthly Payment$2,685.72
Annual Payment$32,229
Monthly Cash Flow
-$658.06
Annual Cash Flow
-$7,897
Investment & Returns
Down Payment$110,000
Closing Costs$2,500
Total Investment$112,500
Cash-on-Cash Return
-7.02%
5-Year Principal Paydown
$47,575
First Year Profit
Cash Flow-$7,897
Principal Paydown (equity built)+$8,511
Total Profit$615
Cash flow plus the mortgage principal your tenants paid off for you. Does not include property appreciation.
Total ROI on Cash Invested
0.55%
Cap Rate
4.42%
Disclaimer: This calculator provides estimates based on the information you enter. Actual returns will vary based on market conditions, maintenance costs, vacancy rates, and other factors. This calculator uses Canadian mortgage calculations (semi-annual compounding). This tool is for educational purposes only and should not be considered financial or investment advice.