Use this calculator to find out the estimated monthly payment for any fixed rate mortgage or loan. Click the link above to access this free calculator.
Use this calculator to see your net monthly cash flow. It doesn’t matter what you are renting. It could be one or more of the following: units, bedrooms, garage or a storage shed. House hacking is the easiest way to get started in real estate investment. Click the link above to access this free calculator.
Use this calculator to find out if your property meets the 1% rule. Meeting or exceeding the 1% rule indicates that as long as the property is fully rented, you should have a positive monthly cash flow. This should only be your initial assessment tool to determine whether the property is worth investigating further. Use this metric alongside other metrics to further analyze the property and make informed investment decisions.
Use this calculator to calculate the annual rate of return (aka interest rate) on your cash investment in a property. Cash on cash (CoC) return only measures the return on the actual cash invested, so only enter the amount of cash you have invested or will invest in the property. This should be used alongside other metrics to make informed investment decisions. Hopefully, you will earn a return greater than what the banks are offering.
The Gross Rent Multiplier (GRM) is excellent metric to quickly assess the value of a property. This metric can also be use to compare multiple properties to determine which one is a better deal. Unlike other calculators, this one does not focus on the actual cash flow. Instead, it calculates a ratio of the purchase price of a real estate investment to the gross annual rental income. This will help you to make an apples-to-apples comparison between multiple properties so you can spend your time in deeper analysis of the better options. Use this with other metrics to make informed investment decisions. Click the link above to access this free calculator.
More calculators coming soon.