Real Estate Investment Calculator

Formulas

Monthly Payment = [P × (r/12) × (1 + r/12)^n] / [(1 + r/12)^n - 1]

Total Interest = (Monthly Payment × Total Months) - Loan Amount

Formulas

Rent Cost = Monthly Rent × 12 × Years

Buy Cost = (Monthly Mortgage Payment × 12 × Years) + Taxes + (Home Price - Down Payment)

Formula

Max Affordable Price = (Annual Income × 0.28 / 12 + Down Payment) / 0.7

Formula

Future Value = Current Value × (1 + Annual Appreciation Rate)^Years

Formulas

Gross Yield % = (Annual Rent / Property Value) × 100

Net Yield % = [(Annual Rent - Annual Expenses) / Property Value] × 100

Formula

Break-Even Years = Purchase Price / (Annual Rent - Costs)