Estimate only. This is not a loan offer, rate quote, commitment to lend or approval. The figures you enter are your own assumptions. Lender rules, credit, the appraisal, the rent the lender accepts and the property decide what you may qualify for. Programs vary by borrower, property and investor.
How this estimate works
Cash flow is what is left after the rent pays the mortgage payment and the costs of running the property. This estimate starts with the monthly rent, takes out a vacancy allowance you choose, subtracts principal and interest, taxes, insurance and association dues, and then subtracts the repairs, management and other costs you expect. It also shows the debt service coverage ratio a DSCR lender would look at, which uses the full rent and the housing payment but not your other operating costs.
What moves the number
- Vacancy and turnover between tenants
- Property management fees if you do not manage it yourself
- Major repairs such as roofs, HVAC and water heaters
- Insurance and tax changes after a sale or reassessment
- The loan structure, including any interest-only period
Tax effects such as depreciation are not included; talk to a tax professional.
A licensed loan officer can review your situation. Programs vary by borrower, property and investor.
Start your application in a few minutes. A licensed loan officer reviews it and follows up with your options.
- Takes a few minutes
- Reviewed by a licensed loan officer
- No obligation to proceed
Prefer to talk first? Call (888) 865-8230. Applying is not a loan approval or commitment to lend; programs vary by borrower, property and investor. ClearPoint Mortgage Advisors, NMLS #173855. Properties in FL, NY, NJ, PA, CT and VA only.
Learn more: Investment Property Loans · All calculators