Net Gain/LossTotal Cash Received minus Cumulative Cash Invested over the holding period.
Projected net gain
$76,780
Summary
Primary investment outcomes
Projected results update as you change assumptions.
Total ReturnNet Gain/Loss ÷ Cumulative Cash Invested.
Positive total return
13.63%
Annualized ReturnCompounded annual equivalent of Total Return over the holding period. Not IRR or XIRR.
Positive annualized return
1.29%
Starting assumptions are editable estimates for an investment property. Adjust any input to reflect your property and plan. Specialized property types may need additional metrics or analysis outside this model.
Inputs
Acquisition and value
Purchase price, closing costs, rehab, and after-repair value.
Inputs
Financing
Down payment percentage drives derived loan amount. All-cash purchases deactivate loan fields.
Down Payment AmountDerived as Purchase Price × Down Payment Percentage.
$50,000
Initial Loan AmountDerived as Purchase Price − Down Payment Amount.
$200,000
All-in Acquisition CostPurchase Price + Purchase Closing Costs + Initial Rehab Cost.
$270,000
Inputs
Rental operations
Holding period, rehab timing, rent, vacancy, and rent growth.
Inputs
Expenses and CapEx
Combined operating expenses, CapEx allowance, and expense inflation.
Taxes, insurance, HOA, utilities, repairs, management, and similar costs.
Enter $0 if long-term replacements are already in operating expenses.
Source: FRED · CPIAUCNS (CPI, not seasonally adjusted, percent change from year ago) · Observation: June 2026
Inputs
Growth and sale
Appreciation and all-inclusive sale costs. Holding period is set with rental operations.
Appreciation compounds from Initial ARV over the holding period. Sale costs are applied to the projected sale price. Holding period and rent growth remain under Rental operations.
Supporting results
Income and capital components
Income Gain/Loss
−$14,413
Capital Gain/Loss
$91,193
Income Return
-2.56%
Capital Return
16.19%
Supporting results
Cash ledger
Gross receipts and Cumulative Cash Invested for the holding period.
Collected Rental Income
$263,750
Projected Sale Price
$376,297
Total Cash ReceivedCollected Rental Income + gross Projected Sale Price.
$640,047
Cumulative Cash Invested
$563,267
Projected Sale Costs
$30,104
Net Sale ProceedsSupporting closing metric: Projected Sale Price − sale costs − Remaining Loan Payoff.
$172,603
Supporting results
Holding-period operations
NOI after CapEx allowance differs from conventional NOI that excludes CapEx.
Conventional NOI before CapEx
$163,476
Total Projected CapEx Allowance
$21,487
Holding-Period Net Operating Income (after CapEx allowance)Collected Rental Income − Total Projected Operating Expenses − Total Projected CapEx Allowance.
$141,989
Total Projected Operating Expenses
$100,274
Total Projected Mortgage Interest
$141,401
Cumulative Principal RepaidFinancing cash flow, not an expense.
$26,410
Remaining Loan Payoff
$173,590
Holding-Period Mortgage Debt Service
$167,811
Projected Operating Cash Flow Before Taxes (after CapEx allowance)Holding-period projection after CapEx allowance and mortgage debt service. Not necessarily literal monthly bank-account cash flow.
−$25,823
Property Value GainInformational only. Already embedded in Projected Sale Price; not added separately to Net Gain/Loss.
$111,297
Notes
How to read this model
- Results are gross of federal, state, and local income taxes, capital-gains taxes, and depreciation recapture. Property taxes are included through projected operating expenses.
- Inflation projects future nominal expenses and CapEx. It does not discount or restate investment returns. Rent growth and property appreciation are separate assumptions.
- Monthly CapEx Allowance is a smoothed economic projection and may not match literal monthly spending. Holding-period NOI subtracts both projected operating expenses and the CapEx allowance.
- Mortgage interest is an expense. Mortgage principal and remaining payoff are financing cash flows, not expenses.
- This model accounts for projected rental income and projected sale price as receipts. Mineral royalties and other potential income are not included.
- Annualized Return is a compounded equivalent of Total Return, not IRR or XIRR, and may be unavailable in specified invalid domains.
- The model is primarily intended for holding periods of five years or longer. Shorter periods remain calculable but carry more estimation risk. Specialized property types may require additional metrics or analysis. These projections are decision-support estimates, not guarantees.
“Reset all inputs to recommended defaults” restores the starting assumptions for the entire calculator. Annual Expense Inflation resets to the current FRED-derived value when available, or to the configured fallback when it is not.