Analyze a Rental Property Free

1. Property

Property Address

Optional. A free account is required to look up available property facts and estimates. You'll review any changes; values you entered will not be replaced silently.

2. Purchase price

Price to analyze

3. Rental income

Bedrooms (optional)

Expected gross monthly rent

Add bedrooms to auto-estimate rent (HUD area data).

Offer Ceiling criteria: break-even cash flow · DSCR ≥ 1.25

Review assumptions

These values drive the preview. Every source is labeled, and every number is editable.

Property Setup

Property Type

Financing

Down Payment %

Interest Rate %

Loan Term (Years)

Closing Costs % (Optional)

Defaults to 3% of purchase price if left blank.

Rehab / Initial Repairs (Optional)

Up-front repairs — added to cash invested (lowers cash-on-cash).

Operating Expenses

Estimate and manage your ongoing property expenses.

Using starting assumptions

Property Tax: —(1.1% default — replace with your local number)

Insurance: —

Vacancy 5%Management 8%Maintenance 10%CapEx 5%(all % of rent)

Click "Show Advanced Options" to review any value. Type 0 explicitly when you intend to exclude a material expense.

Property tax is not verified. The preliminary result uses a generic 1.1% of purchase price fallback. Enter the local annual bill or a reviewed local rate before relying on NOI, cash flow, cap rate, DSCR, or Offer Ceiling.

Detailed buy-and-hold assumptions

Optional deal-specific detail. These values are included in the saved underwrite, shared decision and report. Leave a field blank only when it does not apply; a typed 0 means you intentionally modeled none.

Income, rent roll and values

Keep current operations separate from the stabilized case. The selected case drives the headline underwrite.

Stabilized monthly rent

Required only when the stabilized scenario is selected. Current rent remains in the main rent field.

Other recurring income / month

Parking, laundry, pet or utility income that repeats.

Current property value

Optional reference value; purchase price still anchors acquisition cap rate.

Stabilized property value

Optional supported value assumption, kept distinct from asking price and ARV.

Fixed and recurring operating costs

Monthly dollar assumptions grow with the expense-growth rate in the projection; percentage reserves remain linked to rent.

Other fixed expense / month

Turnover reserve / month

Leasing reserve / month

Landscaping / month

Pest control / month

Administrative / month

Loan and cash to close

Advanced note terms and settlement cash. Interest-only and balloon assumptions use the same full-precision schedule as reports and projections.

Loan points

Origination fee

Other lender fees

Interest-only period

0 or blank means fully amortizing from month 1.

Amortization term

Defaults to the loan term. A longer amortization than maturity creates a balloon.

Lender escrow deposit

Lender reserve deposit

Investor opening reserve

Acquisition credits

Seller/lender credits reduce cash required but cannot exceed modeled cash uses.

Renovation timing and hold assumptions

Optional simplified downtime only: the entered rent reduction affects projected rent while the existing rehab budget remains a day-zero cash amount. Leave all three timing fields blank to use the labeled steady-state analysis. Specialist BRRRR and flip models stay disabled.

Renovation start

Renovation duration

Rent reduction during work

Modeled selling costs

Used only in pre-tax hold-return math; no exit or tax strategy is implied.

This is not a renovation lifecycle model. Draw/funding timing, placed-in-service and lease-up timing, repair-versus-capital classification, basis and tax treatment, and financed improvements are excluded.

Property extras(optional)

Bathrooms

Square Feet

Year Built (Optional)

Used in the Deal score age-risk check. If left blank, a conservative uncertainty modifier applies. It does not auto-adjust your expense assumptions.

Offer Ceiling criteria

Will use TrueCap starter criteria

break-even cash flow · DSCR ≥ 1.25

Change criteria

Adjust criteria before calculating

Leave a field blank to ignore it. The main Analyze button uses the exact values below for this analysis.

Target cap rate (%)

Target cash-on-cash (%)

Min cash flow ($/mo)

Min DSCR

Min 10-year pre-tax IRR (%)

Max cash required ($)

Max purchase price ($)

More analysis options

⌘Enterto calculate from anywhere

Underwrite a Buy & Hold Rental

Review assumptions

Operating Expenses

Detailed buy-and-hold assumptions