Rental Underwriter

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📊 Key Metrics

Net Operating Income iAnnual rental income minus all operating expenses (taxes, insurance, HOA, maintenance, CapEx, management, vacancy). Does not include mortgage payments.
$0
$0/mo
Cap Rate iNOI ÷ Purchase Price. Measures the property's return independent of financing. Higher is better — 6%+ is generally considered good.
0.0%
NOI / Purchase Price
Cash on Cash iAnnual cashflow ÷ total cash invested (down payment + closing costs + rehab). Measures your return on the actual cash you put in. 8%+ is a common target.
0.0%
0.0% Total ROI
Monthly Cashflow iMonthly rent minus all monthly expenses (mortgage, taxes, insurance, HOA, maintenance, CapEx, management, vacancy). This is your net profit each month.
$0
0.0% Cap Rate
Yearly Cashflow iMonthly cashflow × 12. Your total annual net profit after all expenses and mortgage payments are covered.
$0
DSCR Ratio iNOI ÷ Annual Debt Service. Measures ability to cover mortgage payments. 1.25+ is preferred by most lenders. Below 1.0 means the property doesn't cover its debt.
0.00

💰 Purchase Costs

Purchase Price$120,000
Down Payment$24,000
Closing/Loan Costs$5,500
Rehab$0
Total Entry Costs$29,500

📅 Monthly Costs

Monthly Rent$1,500
Principal & Interest (PITI: $794)-$594
Taxes-$100
Insurance-$100
HOA$0
Maintenance-$175
Capital Expenditure-$150
Property Management-$120
Vacancy-$120
Total Monthly Expenses$1,359

⚙️ Deal Details

Financing
$
%
$24,000
%
30 years
$
$
Income
$
$18,000/yr
Operating Expenses
$
$
$1,200/yr
$
$1,200/yr
$
%
%
%