Payback Period Calculator
Calculate the payback period for a rental investment property.
Purchase price $  
Purchase price:

Enter the total cost to acquire the property plus applicable closing costs (e.g., real estate broker, mortgage broker and legal fees) and set-up costs (e.g., furniture).
  Payback Period
Amount borrowed $  
Amount borrowed:

Enter the starting balance of your mortgage when you acquired the property.
 
Monthly rent $                  
Monthly operating costs $  
Monthly operating costs:

Enter the monthly costs related to operating a property that the landlord covers. Do not include monthly mortgage costs or costs paid by the tenant.

Monthly operating costs could include: utilities, cable, internet, property taxes, insurance, maintenance, cleaning, security and HOA fees.
             
Monthly mortgage payment $                  
Occupancy rate    
   
Occupancy rate:

Enter the average occupancy rate which is the percent of total nights with a tenant in occupancy and paying rent.