Free Rental Deal Quick Check

Know in 60 seconds if a rental listing is worth a second look.

Stop guessing from the listing price. Type in 12 numbers and see whether a rental can actually pay for itself before you spend an evening on it.

This free one-sheet calculator shows your monthly cash flow, cap rate, cash-on-cash return, a 1% rule PASS/FAIL, and DSCR, the debt-coverage number lenders look at. A plain-English flag tells you when the deal is tight.

What's inside:

- One clean input block: purchase price, down payment %, interest rate, loan term, monthly rent, property taxes, insurance, vacancy %, repairs %, management %, CapEx %, and HOA. An optional closing/rehab cost is included.

- A results block with the monthly mortgage payment, operating expenses, NOI, cash flow, and all five metrics.

- A short How to use tab and a fictional sample deal, so numbers show on first open.

It works in Microsoft Excel and imports cleanly into Google Sheets: real formulas, no macros. It's an instant download.

When a deal passes the quick check, the Upgrade tab points to the full Rental Property Calculator and the rest of the landlord toolkit. This is an educational worksheet, not investment advice.

Tags: rental property calculator, free spreadsheet, cash flow calculator, cap rate, cash on cash return, dscr calculator, real estate investing, landlord