Long-term rental
Rent versus all-in carrying costs.
Monthly rent against vacancy, maintenance, the loan, tax, insurance, and HOA. That’s the cashflow score.
What you need
Purchase or ask, rent, and how you’d buy it. Real tax and insurance when you have them. Estimates are marked.
How monthly cash flow is built
Start with monthly rent. Take out vacancy and maintenance, each 8% of rent out of the box. Then take out property tax, insurance, and HOA, each as a monthly amount, and the loan payment. What’s left is the cash flow the score follows. Your workspace sets these defaults in Settings, and a figure you enter on the deal always wins.
Financing you can name
The loan comes from a financing profile. The default is 20% down on a 30-year loan at a market rate. Save other profiles, such as a cash offer or a different down payment, and compare the same rental on each one before you make an offer.
NOI and cap rate, same math
Net operating income is rent less vacancy and every operating cost, before the loan. Cap rate is annual NOI divided by the price. Both come from the same inputs as the cash flow, so a change to rent or tax moves all three together.
Estimates are marked, not hidden
No tax bill yet? Tax is estimated from the price (1.8% a year out of the box) and labeled as an estimate. A placeholder such as a $1 tax line counts as missing, not as a real bill. Missing insurance uses a default and is marked the same way. Enter the real figure and it replaces the estimate.
Listing rent gets a sanity check
If the yield looks aggressive, effective rent is capped and the score says so. Annual rent above 18% of the price is treated as a likely typo: the math uses the capped rent and confidence drops to low. For the years ahead, the hold view only adds market growth when there’s real history behind it.
One rental, one deal file
The numbers sit next to the listing, comps, market trends, and the buyers whose criteria the deal fits. Come back in a month and the research is still there. That’s deal research that compounds.
RealtyPad
Your next deal shouldn’t start from zero.
Start a 30-day trial on your first workspace. Keep the numbers, the market, and the notes where you can find them.