Underwrite a small rental without getting cute.

Cash flow, leverage, reserves, and downside in one clean pass.

Rent math first

Use Rent Yield to check cash flow, leverage, and downside before the story gets too optimistic.

Use assumptions you can defend

Vacancy, repairs, taxes, and PM drag matter more than clever output labels.

Know the downside

A thin spread on the front end becomes a rough hold later.

Tiny inputs. Useful answers.

Fast screens for investors, landlords, tenants, and lenders. Each result shows the formula so the math stays inspectable.

Full rental model
Investors

Gross rent multiplier

Run a quick price-to-rent screen.

GRM9.62x
Gross annual rent$31,200
GRM = property price / gross annual rent

GRM is fast, but it ignores expenses, vacancy, repairs, and financing.

  • Use this only as a first pass. NOI-based metrics are stronger once you know expenses.