Rental Income Calculator

Calculate net operating income, vacancy loss, and cash flow for your rental property.

Rental Income Calculator

Estimate effective rental income, operating expenses, NOI and cash flow after debt service.

Rental Income Estimate

Effective Gross Income$2,280/mo
Operating Expenses$755/mo
Net Operating Income (NOI)$1,525/mo
Annual NOI$18,300
Cash Flow After Debt Service$325/mo
Annual Cash Flow$3,900

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Calculator results are estimates for educational purposes. Financing eligibility, property availability and provider terms vary.

How to calculate rental property income

Use the calculator above to estimate a property's rental income and cash flow. Begin with expected rent and other recurring income, account for vacancy, then subtract operating expenses such as taxes, insurance, maintenance and management.

Rental income, NOI and cash flow

Rental income is the revenue a property produces. Net operating income (NOI) measures that income after vacancy and operating expenses, before financing costs. Cash flow goes a step further by accounting for debt service so investors can estimate how much cash the property may produce after recurring costs.

Rental income calculator FAQ

How do I calculate rental property income?

Start with expected monthly rent and other recurring property income, then account for vacancy and operating expenses to estimate net operating income and cash flow.

What is net operating income for a rental property?

Net operating income, or NOI, is property income after vacancy and operating expenses but before mortgage principal and interest, income taxes, and depreciation.

What expenses should I include in a rental income analysis?

Common operating expenses include property taxes, insurance, maintenance, repairs, property management, utilities paid by the owner, and an allowance for vacancy.

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