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Rental Property Checkup
Enter what you know about the property. You'll get equity, net operating income, cap rate, cash flow and return on equity — the baseline numbers every other decision gets compared against.
Estimates are fine. You don't need exact figures to learn something useful — a reasonable value estimate and a rough expense picture will get you a meaningful result. Refine later with your CPA or an actual valuation.
This tool produces no verdict. A low return on equity isn't a signal to sell, and a high one isn't a signal to hold. It's information you didn't have before.
Estimated equity
$1,500,000
Current value minus loan balance.
Net operating income
$35,840
Effective gross income minus operating expenses. Excludes debt service, income taxes and depreciation.
Operating return on equity
2.39%
NOI divided by equity. What the capital in the property is producing before financing.
Cash return on equity
2.39%
Pre-tax cash flow divided by equity. What lands in your pocket relative to the capital tied up.
- Annual gross scheduled rent
- $54,000
- Effective gross rental income
- $51,840
- Total operating expenses
- $16,000
- Cap rate
- 2.39%
- Annual debt service
- $0
- Annual pre-tax cash flow
- $35,840
This property is free and clear, so debt service is zero. That means your cash return and your operating return on equity are the same number — every dollar of value is unleveraged capital.
This becomes your baseline. Now you have something concrete to compare with other options — not a verdict about whether the property is good or bad.
Everything you type stays in your browser. Nothing is saved or sent unless you choose to share it.
Where to go next
Once you have a baseline.
Estimate the tax picture
If a sale were on the table, what would the gain and estimated tax look like? Educational estimate only.
1031 Tax Estimator →Compare a replacement property
Put your current property side by side with a hypothetical replacement and compare returns honestly.
Replacement Comparison →Weigh the non-financial side
Time, stress, family plans and legacy goals matter. The assessment surfaces them alongside the math.
Landlord Strategy Assessment →Want a second set of eyes on these numbers?
Send your results over and Jacob will walk through them with you — including what the calculator can't capture.