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Free Investor Tool

Income Property Analyzer

Enter your property's income and expenses once. The tool calculates NOI, runs the DSCR lender check, and compares Cap Rate vs. Cash-on-Cash — all from the same numbers.

A — Gross Income

Rental income before vacancy

Number of Units

total rentable units

Average Monthly Rent / Unit

per door

$

Other Monthly Income

parking, laundry, storage, etc.

$

Vacancy Rate

% of gross potential rent

%

Gross Potential Rent (annual)

$0

Less: Vacancy Loss

-$0

Effective Gross Income

$0

B — Operating Expenses

Annual costs — do not include mortgage

Property Taxes

annual

$

Insurance

annual premium

$

Maintenance / Repairs

annual estimate

$

Property Management

% of effective gross income

%

Utilities (owner-paid)

water, trash, common electric

$

Miscellaneous

landscaping, pest, reserves

$

Management Fee (computed)

0% × EGI

$0

Total Operating Expenses

$0

Expense Ratio

total opex ÷ EGI

C — Financing

Used for DSCR and Cash-on-Cash — leave blank for unlevered analysis

Purchase Price

$

Down Payment %

%

Interest Rate

%

Loan Term

years

yrs

Loan Amount

Down Payment

Monthly Mortgage Payment

Annual Debt Service

Net Operating Income

EGI minus all operating expenses — before debt service

Annual NOI

Effective Gross Income − Operating Expenses

$0

Effective Gross Income

$0

Less: Total Operating Expenses

-$0

NOI

$0

NOI does not include mortgage payments — it measures the property's income independent of how you financed it.

DSCR — Lender Check

Debt Service Coverage Ratio: NOI ÷ Annual Debt Service

DSCR

Enter loan details

NOI

$0

Annual Debt Service

DSCR

NOI ÷ annual debt service

Lender Benchmarks

≥ 1.25×Standard minimum — most commercial lenders
≥ 1.20×Some portfolio lenders will approve
1.0–1.19×Break-even — very few lenders will touch
< 1.0×Negative coverage — loan will be declined

Cap Rate vs. Cash-on-Cash

Two ways to measure return — unlevered vs. levered

Cap Rate

NOI ÷ Purchase Price

Cash-on-Cash

Cash Flow ÷ Down Payment

NOI

$0

Less: Annual Debt Service

Annual Cash Flow

Monthly Cash Flow

When to Use Each

Cap Rate

Compare properties regardless of how you finance them. Use it to evaluate the asset itself — not your deal structure.

Cash-on-Cash

Measures what your actual dollars earn after the mortgage. This is your real return on invested capital.

Deal looks solid?

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