You are all invited to visit and use my FREE online calculators. Calculations currently exist for cap rate, gross rent multiplier, debt coverage ratio, mortgage payment (PI), and mortgage payment (PITI). The calculators are easy to use and include the formulas for the real estate returns as well as an amortization table for the mortgages.
Here’s a summary.
- Cap Rate – Requires just two entries for sale price and net operating income. The calculation is instant and includes the formula.
- Gross Rent Multiplier (GRM) – Requires just two entries for sale price and gross scheduled income. The calculation is instant and includes the formula.
- Debt Coverage Ratio (DCR) – Requires just two entries for net operating income and annual loan payment. The calculation is instant and includes the formula.
- Mortgage Payment (PI) – Requires three entries for loan amount, interest rate, and term of loan. The result is the monthly principal and interest payment and includes an amortization schedule.
- Mortgage Payment (PITI) – Requires five entries for loan amount, interest rate, term of loan, annual property taxes and insurance. The result is the monthly principal, interest, taxes, and insurance payment.
It is 100% FREE, and there are no strings attached. You are not required to submit any information and there is no obligation. So please take advantage of these free online calculations and start putting them to good use.
