Eldorrado Chicago Real Estate

Home Mortgage Center

Financial Calculators

Chicago Real Estate Search
Engine — MLS Search Login

Investment Property or Rental Home Calculator

INSTRUCTIONS

This calculator is designed to provide a guide to possible financial outcomes of the purchase and rental of an investment property. After entering your values, click once in any result box to calculate or update your results.

ENTER TRANSACTION DETAILS HERE
Purchase Price	$	Homeowners Insurance	$
Down Payment	$	Yearly Taxes	$
Loan Interest Rate	%	Monthly expenses/ Maintenance fees	$
Loan Term in Years

Monthly Rental	$
Rent Increase Yearly	%

Inflation (for ins, taxes, expenses)	%	Your Gross Income (for tax calculation)	$
Property Value Growth (real estate appreciation)	%

RESULTS
Loan Amount	$	Monthly Payment	$

INCOME	Year 1	Year 2	Year 3	Year 4	Year 5
Rental Income
EXPENSES
Insurance
Taxes
Monthly Expenses/Fees
Total Payments
Total Expenses
CASH FLOW
Cash Flow
TAX DEDUCTION
Interest Expense
+ Depreciation*
+ Ins, Tax, other expenses
- Rental Income
Total Tax Deduction
TAX SAVED**

NET WORTH
After Tax Cash Flow
Principal Paid (est)
Property Value
Yearly addition to Net Worth

Assumptions:

* 27.5 yr straight line depreciation, deduction may be limited with high gross income. Depreciation is based on the value of the home without the land. In this calculation we are allocating 10% of the purchase price to the land and the remainder to the residence.

** 2001 Federal Filing Status Single (most conservative tax rate) Keep in mind that your tax deduction may also be limited with an adjusted gross income over $100,000. See your tax advisor for details.

These calculators are intended to be used for estimated results and comparisons only. Many unique factors will affect your personal financial transactions. Eldorrado.com™ does not guarantee the accuracy of these tools.