Rental Income Estimator

Square Footage: Enter the total rentable square footage of your property. For multi-family properties, this is the sum of all unit square footages.

Market Rent per Sq Ft: Research comparable properties in your area to determine the average monthly rent per square foot.

Vacancy Rate: Account for periods when units are empty between tenants. A typical vacancy rate is 5-10%, but this varies by market and property type.

Effective Rent: This is your expected income after accounting for vacancy. Use this number when calculating cash flow and other investment metrics.