Formula
Affordable rent = monthly gross income ÷ income multiple, reduced by other monthly debts when a debt-to-income limit is used
Estimate what an applicant can afford based on income.
$60,000 a year is $5,000 a month, so a 3x standard supports about $1,666.67 of rent — 2.5x the $2,000 proposed.
Affordable rent = monthly gross income ÷ income multiple, reduced by other monthly debts when a debt-to-income limit is used
$60,000 a year is $5,000 a month, so a 3x standard supports about $1,666.67 of rent — 2.5x the $2,000 proposed.
Every figure is calculated from the values you entered. Nothing is fetched from market data, and this is general information rather than financial, legal or tax advice.
Affordable rent = monthly gross income ÷ income multiple, reduced by other monthly debts when a debt-to-income limit is used
$60,000 a year is $5,000 a month, so a 3x standard supports about $1,666.67 of rent — 2.5x the $2,000 proposed.
Every figure is calculated from the values you enter — nothing is estimated from market data. Real outcomes depend on your state, your lease terms and your property. This is general information, not financial, legal or tax advice.
Calculate rent for a partial month at move-in or move-out.
Calculate late fees per your policy — flat, percentage, or per-day.
Estimate a security deposit within your state's cap.
Estimate gross and net rental income before financing.
Estimate monthly cash flow after mortgage.
Calculate capitalization rate from NOI and property value.
$49/month includes 5 units, then per-unit pricing that drops as you grow. Optional modules are billed separately and must be added deliberately.
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