Run Your NumbersWith Confidence

Good investing starts with clear math. These tools are intentionally simple, practical, and built for quick screening.

Estimate unlevered property yield from effective income and operating expenses.

Property and Income

Use current or supportable market income rather than an optimistic target.

Purchase Price or Current ValueUse acquisition price for a purchase screen or current value for an owned property.Gross Monthly RentEnter total scheduled rent before vacancy or expenses.Other Monthly IncomeInclude recurring parking, laundry, storage, or similar property income.Vacancy and Credit Loss (%)Use a conservative allowance for vacancy and uncollected rent.

Annual Operating Expenses

Exclude mortgage payments, depreciation, income taxes, and major capital improvements.

Property TaxesEnter the expected annual property tax bill.InsuranceEnter annual property and liability insurance.Repairs and MaintenanceUse a normalized annual allowance, not a best-case year.Management FeesInclude professional management even if you plan to self-manage.Utilities and HOAInclude owner-paid utilities, association dues, and recurring common charges.Other Operating ExpensesInclude licensing, landscaping, pest control, and other recurring costs.

Strategic Investment Context

Use the tools as a first pass, then apply market judgment and operational reality.

Target Metrics

Cap Rate: 10%+
Cash-on-Cash Return: 15%+
Debt Service Coverage: 1.3x+
Vacancy Allowance: 5–10%

Strategic Considerations

• Numbers are a starting point, not a final decision.
• Location quality and local trend durability matter.
• Renovation scope should be realistic, not optimistic.
• Account for management complexity before scaling.
• Model both hold and exit paths before acquisition.