Finance Calculators

Rental Property ROI Calculator

Calculate the annual net operating income and cash-on-cash return on investment for a rental property.

Annual rental income

Annual operating expenses

Total cash invested

Net operating income —

Cash-on-cash ROI —

About the Rental Property ROI Calculator

Cash-on-cash return measures the annual income a rental property generates relative to the actual cash you invested, the down payment, closing costs and any upfront repairs, rather than the full purchase price.

Formula: Net Operating Income = Annual Rental Income − Annual Operating Expenses · ROI = (Net Operating Income ÷ Cash Invested) × 100

This metric is especially useful for financed properties, since it reflects the actual return on the money you put down rather than the total property value.