Calculator
Rental Income Calculator
Gross and effective rental income across multiple units, after an assumed vacancy rate.
Rental Income Calculator
$
units
%
$
Gross potential income
Effective gross income
Effective annual income
The formula
Gross income
Effective income
Gross potential income assumes every unit is rented at full rate all year — effective income is the more realistic figure once a vacancy assumption is applied.
Other income (parking, storage, laundry, pet rent) is easy to forget when underwriting a deal from a seller’s rent roll — this worksheet gives it its own line.