Break-even rent is the minimum monthly rental income needed to cover all property expenses. This calculator helps landlords and property investors determine the optimal rent price that ensures all costs are covered and the investment remains profitable.
Enter Property Details
Input the purchase price, down payment percentage, interest rate, and loan term. These details help calculate your mortgage payment.
Add Operating Expenses
Include all regular expenses: property tax rate, insurance rate, utilities, maintenance costs, and property management fees. Be thorough to get accurate results.
Consider Vacancy Rate
Set a realistic vacancy rate (typically 5-10%) to account for periods when the property might be empty between tenants.
Review Results
The calculator will show your minimum required rent, detailed expense breakdown, annual cash flow, and return on investment.
This is the minimum rent needed to cover all expenses. Consider market rates in your area to ensure this amount is competitive.
Details all monthly costs associated with the property. Use this to identify major expense categories and look for potential cost-saving opportunities.