Rental Property Calculator

If you are a new landlord or already a seasoned investor, calculating your return on a potential real estate investment is a necessity, and that is where a rental property calculator can help. For those unfamiliar or new to rental property investments, residential rental property is a home that is purchased by a property investor and then leased out to tenants who pay rent. Types of rental properties include single-family homes or multi-family apartment buildings, condominiums, townhouses, duplexes, and more. Depending on the location of the property and the investor’s goals, they may opt for either a long-term or a short-term rental.

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Investing in rental properties can be a very attractive and lucrative form of income and is considered one of the safest investments one can make. This is because there is long-term appreciation, a monthly cash flow, and tax advantages that come with rental property investments. Furthermore, most people have experienced renting or signing a lease in their lifetime which means they are familiar with the process of how it works – learning to become a landlord is then interesting and less intimidating. Many independent landlords utilize online property management software to streamline their entire rental process. As you begin your investment journey, the rental property calculator below will make it easy for you to quickly decide if a particular investment will be the right choice for you. Do you think your property taxes are high? Learn how to appeal your Philadelphia property tax to get started.