Rental Income Calculator
Analyze rental income, operating expenses, and net operating income for your Canadian rental properties with detailed cash flow projections.
Property Details
Monthly Rental Income
Vacancy & Management
Expected percentage of time unit is vacant
Property management fee as % of effective gross income
Annual Operating Expenses
Income Summary
Gross Monthly Income$3000
Gross Annual Income$36000
Effective Gross Income$34200
Net Operating Income$19564
Performance Metrics
Operating Expense Ratio42.8%
Gross Rent Multiplier13.9x
Cap Rate (NOI / Property Value)3.91%
Monthly NOI$1630
Expense Breakdown
Property Tax$6,000
Insurance$1,200
Maintenance & Repairs$2,000
Property Management$2736
Capital Reserves$1,500
Other Expenses$1,200
Total Operating Expenses$14636
💡 Income Analysis Tips
- • Operating Expense Ratio < 50% is generally good for residential properties
- • Factor in 5-10% vacancy rate even in strong rental markets
- • Budget 1-3% of property value annually for maintenance
- • Consider professional property management for out-of-area properties
- • Track actual vs. projected income to improve future estimates