2026 Calculator
Rental Income Calculator
Calculate your net rental income
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This estimate is based on projected 2026 data and industry averages. Actual premiums vary by insurer, location, and individual factors. Consult a licensed insurance agent for accurate quotes.
*Based on estimated 2026 projections. Data may not reflect real-time legislative changes.
FAQ
How do I calculate net rental income?
Net Rental Income = Gross Rent - Operating Expenses - Mortgage Payment. Operating expenses typically include property taxes, insurance, maintenance, property management (8-10%), and vacancy reserve (5-8%). The 50% rule estimates expenses at half of gross rent.
What is a good cap rate for rental property?
Cap rate (Net Operating Income ÷ Property Value) of 5-8% is considered good in most markets. Higher cap rates (8-12%) indicate higher returns but may come with more risk. Lower cap rates (3-5%) are common in expensive markets with appreciation potential.
What rental income deductions can I claim?
Landlords can deduct mortgage interest (not principal), property taxes, insurance, repairs, depreciation (27.5 years for residential), property management fees, travel expenses, and professional services. Keep detailed records for all deductions.