Mortgage & real estate return tool

Cash-on-Cash Return Calculator

Calculate annual pre-tax cash flow, total cash invested, net yield and cash-on-cash return for rental real estate with vacancy, operating costs and debt service.

Annual pre-tax cash flow
Real cash invested basis
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Annual principal + interest paid on the loan.
Primary result
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cash-on-cash return
Pre-tax
Annual cash flow
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Cash invested
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Net yield
0.00%
11 occupied months Attractive return Debt included
Strong
This property produces a strong pre-tax cash-on-cash return based on the current assumptions.
CoC return
0.00%
annual cash flow รท cash invested
Net yield
0.00%
net annual รท property value
Gross yield
0.00%
potential rent รท property value
Monthly cash flow
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annual cash flow รท 12
Gross to net yield drop
0.00 pts
Vacancy loss
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Debt service drag
0.00%
Potential annual rent
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Collected annual rent
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Other annual income
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Operating expenses
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Debt service
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Annual pre-tax cash flow
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Conservative
0.00%
CoC return
Current
0.00%
CoC return
Optimistic
0.00%
CoC return

Enter total cash invested, income, operating costs and debt service to estimate the real pre-tax cash-on-cash return.

Operating costs
Debt service
Cash flow
Scenario Annual cash flow Cash invested CoC return Net yield
Year Collected rent Total costs Annual cash flow CoC return

What this calculator does

This calculator measures pre-tax cash-on-cash return for real estate. It takes the actual annual cash flow left after operating costs and debt service, then compares that result against the total cash actually invested in the deal.

Core formula

Cash-on-cash return = annual pre-tax cash flow รท total cash invested

Annual pre-tax cash flow = collected annual rent + other income โˆ’ operating costs โˆ’ debt service

Why cash-on-cash matters

Cash-on-cash return is often the clearest metric for leveraged real estate because it focuses on the return generated on real money tied up in the deal, not just on property value.

How to use it properly

Use the real total cash invested, not only the down payment. Include closing costs, renovation, furnishing and any other capital used to stabilize the property. That produces a more honest cash-on-cash result.

Frequently asked questions

It is annual pre-tax cash flow divided by the total cash invested in the property. It is commonly used for leveraged rental property analysis.
Down payment, closing costs, renovation, furnishing and any other capital you put into the deal should generally be included.
Yes, for true cash-on-cash return. The metric is meant to reflect actual pre-tax cash flow left to the owner after financing costs.
Yield is usually based on property value. Cash-on-cash return is based on your actual cash invested, so leverage can create large differences between the two.
Yes. Ignoring vacancy usually overstates both annual cash flow and cash-on-cash return.
No. It is a focused return calculator, not a full acquisition, tax, refinancing or exit model.
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Cash-on-Cash Return Calculator Report
Cash-on-cash return
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Annual cash flow
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Cash invested
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Net yield
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Property valueโ‚ฌ0
Collected annual rentโ‚ฌ0
Total annual costsโ‚ฌ0
Vacancy lossโ‚ฌ0
Debt serviceโ‚ฌ0
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