Real Estate Portfolio Calculator

Enter up to 5 investment properties to analyze your portfolio — total equity, monthly cash flow, cap rate, DSCR, and a 5-year growth projection with leverage and tax strategy.

Enter Your Properties (up to 5)
Property 1
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Property 2
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Property 3 (optional)
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Property 4 (optional)
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Property 5 (optional)
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Portfolio Summary — 2 Properties
+$1,400/mo
Total monthly cash flow · $630,000 portfolio value · $200,000 equity
Total Portfolio Value
$630,000
Total Equity
$200,000
Weighted Avg Cap Rate
2.67%
Portfolio LTV
68.3%
Annual Cash Flow
$16,800
Portfolio DSCR
1.54x

Key performance metrics for each property in your portfolio.

PropertyValueLTVMonthly CFCap RateCash-on-CashDSCR
Property 1$350,00065.7%$8002.74%8.0%1.57x
Property 2$280,00071.4%$6002.57%9.0%1.50x
Total Monthly Rent
$4,000
Gross rent across portfolio
Total Monthly Expenses
$2,600
All costs combined
Avg Cash-on-Cash
8.4%
Weighted by equity
Portfolio DSCR
1.54x
1.25x+ is lender standard
Benchmark guidelines: Cap rate 4–6% = typical residential; 6–8% = good; 8%+ = excellent (verify expenses are accurate). Cash-on-cash 6%+ = acceptable; 8–12% = good; 12%+ = strong. DSCR 1.25x+ = lender minimum; 1.5x+ = strong debt coverage.

5-year portfolio growth projection accounting for appreciation, rent growth, and debt paydown.

%
%
YearPortfolio ValueEst. EquityAnnual Cash FlowAnnual RentEquity Growth
Today$630,000$200,000$26,160$48,000$0
Year 1$655,200$216,600$26,945$49,440+$16,600
Year 2$681,408$233,520$27,753$50,923+$33,520
Year 3$708,664$250,773$28,586$52,451+$50,773
Year 4$737,011$268,372$29,443$54,024+$68,372
Year 5$766,491$286,331$30,327$55,645+$86,331
5-Year Value Increase
$136,491
At 4% appreciation/yr
5-Year Equity Increase
$86,331
Appreciation + debt paydown
Year 5 Annual Cash Flow
$30,327
At 3% rent growth/yr
Total Portfolio (Year 5)
$766,491
Projected portfolio value

How to Use This Real Estate Portfolio Calculator

Enter your investment properties one at a time. The calculator instantly analyzes your portfolio across key performance metrics — from monthly cash flow to 5-year wealth projection.

Quick Calculator

For each property, enter the Property Value (current market value), Your Equity (value minus remaining mortgage balance), Monthly Rent (gross rent collected), and Monthly Expenses (all costs: mortgage payment, taxes, insurance, management fees, maintenance reserve, vacancy reserve). You can enter up to 5 properties. Results show total portfolio value, equity, monthly cash flow, weighted cap rate, and portfolio LTV.

Advanced: Metrics Dashboard, Diversification, Rebalancing

Portfolio Metrics shows per-property cap rate, cash-on-cash return, DSCR, and LTV in a comparison table. Diversification assesses your concentration risk and provides guidance on geographic, property type, and tenant diversification. Rebalancing identifies your underperforming property and explains when to sell vs. keep, and how a 1031 exchange works to defer capital gains taxes.

Pro: Growth Projection, Leverage Strategy, Tax Summary

Growth Projection runs a 5-year model showing portfolio value, equity, and cash flow at your expected appreciation and rent growth rates. Leverage Strategy assesses whether your portfolio LTV is aggressive, moderate, or conservative — and recommends specific actions for each profile. Tax Summary estimates your portfolio's taxable rental income after the depreciation deduction, with an estimated annual tax impact.

Key Real Estate Portfolio Metrics Explained

Cap Rate = Annual NOI / Property Value × 100
  NOI = Annual Rent − Annual Operating Expenses
  (does NOT subtract mortgage payments — cap rate is pre-financing)

Cash-on-Cash Return = Annual Cash Flow / Equity Invested × 100
  Cash Flow = Monthly Rent − All Monthly Expenses (including mortgage)

DSCR = Monthly Rent / Monthly Expenses
  1.0x = breakeven · 1.25x = lender minimum · 1.5x+ = strong

Portfolio LTV = Total Debt / Total Value × 100
  Conservative: <50% · Moderate: 50–70% · Aggressive: >70%

Depreciation = (Property Value × 80%) / 27.5 years
  Land value (~20%) is not depreciable

Cap rate is the most widely used metric to compare investment properties regardless of financing. It measures the property's yield on an unlevered basis. Cash-on-cash return measures actual return on your invested equity, accounting for your specific financing. A property can have a low cap rate but excellent cash-on-cash return if financed with a low-rate loan.

Example: Two-Property Portfolio in Atlanta, GA

James's growing rental portfolio analysis

Property 1 — Single Family (Suburbs)
Value / Equity$320,000 / $95,000 equity
Monthly Rent / Expenses$2,100 rent / $1,650 expenses
Monthly Cash Flow+$450
Cap Rate5.4%
Cash-on-Cash5.7%
Property 2 — Duplex (City)
Value / Equity$290,000 / $70,000 equity
Monthly Rent / Expenses$2,800 rent / $2,100 expenses
Monthly Cash Flow+$700
Cap Rate8.3%
Cash-on-Cash12.0%
Portfolio Total
Total Value / Equity$610,000 / $165,000
Monthly Cash Flow+$1,150
Weighted Cap Rate6.7%
Portfolio LTV73% (aggressive)

James's duplex significantly outperforms the single-family rental on cap rate and cash-on-cash. At 73% LTV he should focus on debt paydown before acquiring another property. His 5-year projection at 4% appreciation and 3% rent growth shows $760K in portfolio value and $270K in equity.

Frequently Asked Questions

Cap rate = Annual Net Operating Income (NOI) ÷ Property Value × 100. NOI = Annual Gross Rent − Annual Operating Expenses (NOT including mortgage payments). Example: $24,000 annual rent − $12,000 annual expenses (taxes, insurance, management, maintenance, vacancy) = $12,000 NOI. On a $200,000 property: $12,000 / $200,000 = 6% cap rate. Cap rate is financing-agnostic — it measures the property's inherent yield regardless of how it's financed.
Most real estate investors target a cash-on-cash return of 8–12% annually. Below 6% is generally considered weak for residential rentals. Above 12% is excellent. Keep in mind that cash-on-cash return is only one metric — it doesn't capture appreciation, loan paydown, or depreciation benefits. A property with 6% cash-on-cash but 5% annual appreciation may outperform a 12% cash-on-cash property with no appreciation over a 10-year hold period.
The most common portfolio growth strategies are: (1) BRRRR — Buy, Rehab, Rent, Refinance, Repeat — using cash-out refinances to recycle capital into new properties; (2) 1031 exchanges — selling underperforming properties without paying capital gains tax and reinvesting in better properties; (3) portfolio cash flow reinvestment — using positive cash flow as down payments; and (4) appreciation — holding long-term and refinancing periodically to extract equity for new acquisitions.
Monthly rental property expenses include: mortgage payment (principal + interest), property taxes (monthly escrow or annual estimate divided by 12), insurance, property management fees (typically 8–12% of rent), maintenance reserve (budget 1% of value per year divided by 12), vacancy reserve (typically 5–10% of rent), HOA fees if applicable, and any utilities you pay. Many new investors underestimate maintenance and vacancy — always budget for both even if your property is currently full.
A 1031 exchange (named after IRS Section 1031) allows real estate investors to sell an investment property and defer all capital gains taxes by reinvesting the proceeds into a "like-kind" replacement property. Rules include: you must identify a replacement property within 45 days of the sale, close within 180 days, use a Qualified Intermediary (you cannot touch the sale proceeds yourself), and buy a replacement property of equal or greater value. 1031 exchanges allow investors to trade up to better properties without paying taxes — indefinitely, until they eventually sell without exchanging.

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