Institutional-grade underwriting for 1-4 unit rentals and short-term rentals. IRR, NPV, DSCR, depreciation, exit tax analysis.
Purchase PriceThe acquisition price of the investment property.
$350,000
Monthly RevenueYear 1 effective gross income (after vacancy/platform fees) divided by 12.
$2,090
Effective gross income / mo
Monthly CostsYear 1 total debt service plus all operating expenses, per month.
$2,993
Debt service + operating expenses
Monthly Cash FlowYear 1 net cash flow after all operating expenses and debt service.
-$903
Cash flow turns positive in Year 24
Cash-on-CashAnnual cash flow ÷ total cash invested (down payment + closing costs + rehab). Typical residential: 6-10%. Pre-income-tax — depreciation shelter shown separately.
Negative-11.3%
Year 1 annual return on invested cash
Cap RateNet Operating Income ÷ Purchase Price. Financing-independent. Shows the raw yield of the property itself.
2.9%
NOI ÷ purchase price — financing-independent yield
Gross Rent MultiplierPurchase Price ÷ Annual Gross Rent. A quick screening metric. Rule of thumb: below 12 is favorable.
13.3×
Above 12 — evaluate carefully
DSCRDebt Service Coverage Ratio. DSCR lenders typically require ≥ 1.20. Below 1.0 means NOI doesn't cover the mortgage.
Low0.48
NOI ÷ annual debt service
IRRInternal Rate of Return over your planned hold period, including all cash flows and net sale proceeds. The headline number for serious investors. Pre-income-tax on operating cash flow — depreciation shelter shown separately.
-3.9%
At 7-yr hold including exit proceeds
Equity MultipleTotal distributions (all cash flows + exit proceeds) ÷ total cash invested. 2.0× means you doubled your money. Pre-income-tax on operating cash flow.
0.67×
Total return on invested capital
Break-Even OccupancyThe occupancy % at which your cash flow = $0. The gap between break-even and assumed occupancy is your safety cushion.
136%
Stacked view of where your wealth comes from — cash flow, principal paydown, and appreciation.
Year 1 cash flow from gross rent to net cash flow after debt service.
Annual cash flow bars (green = positive, red = negative) with cumulative cash flow line.